AüGRID Pursues Opportunities for DHS Contract
June 29th, 2004 Houston, Texas, AüGRID Corporation (OTCBB: AGRD) announced today that it has engage an strategic alliance with EmInSys, Inc. to further the development and marketing of AüGRID’s Codestar program, a state-of-the-art Airport Security System and Emergency Notification Software.
Under this agreement, AüGRID Corporation and EmInSys, Inc. will pursue funding from the Department of Homeland Security’s FY2004 $9.1-billion budget for Emergency Preparedness. The focus of the joint venture is to utilize both AüGRID’s and EmInSys’ technologies to create an Emergency Notification System, as recommended recently by the 911 consul, to secure a portion of the $180-million earmarked for Emergency Management Performance Grants (http://www.dhs.gov). These particular grants call for “ultimately reducing the need for disaster assistance” by more effectively communicating emergency situations to the correct agencies in real time.
“This initiative is one of many being pursued in AüGRID’s proactive campaign to secure multiple revenue streams. After reviewing EmInSys’s business plan and background, we are confident that this relationship will yield DHS support in a relatively short period of time,” stated M.J. Shaheed, President and CEO of AüGRID Corporation.
EmInSys has developed an Emergency Notification System. “The addition of AüGRID’s CodeStar software and hardware will result in the most sophisticated Emergency Personnel and Agency Notification program ever developed,” added Mr. Shaheed...
AüGRID Corporation and its subsidiaries, Alysium Corporation and Optipure, LLC, are technology-based organizations specializing in the development, manufacturing and distribution of electronics and display devices, thermocouples, silicon carbide tools and nanoparticles technology.
EmInSys Inc is a company founded after September 11, 2001 to developed interactive, secure messaging software for the U.S. government. Headed by Mr. Lee Caplin an accomplish entrepreneur, attorney and educator as CEO, with Dan Sokol and Kirk Knight as Chief Technology Architects.
Mr. Lee Caplin is Founder and Director of Security4 Communications, Inc., a software development company that designs encrypted telephone devices, as well as Co-Founder and Director of Emergency Information Systems, a company that has developed an interactive, secure messaging system for various U.S. government agencies. Mr. Caplin is also Co-Founder and Chairman of T2H Media, Inc., a company that has developed an inter-active delivery mechanism for full screen, DVD quality movie trailers, games and advertising on all computers, irrespective of bandwidth. A former litigator in the field of Constitutional First Amendment law, Mr. Caplin has participated in creating federal guidelines for the export of encryption technology for the White House. Mr. Caplin holds a Bachelor of Arts degree in Political Science from Duke University, and a Juris Doctor degree from the University of Virginia Law School.
Mr. Dan Sokol is a Silicon Valley engineer and one of the original club members of the Homebrew Computer Club. Founded in 1975, the Homebrew Computer Club is accredited for spinning off the multi-billion dollar personal computer industry as we know it today. The list of Club members included Bob Marsh, Adam Osborne, Steve Jobs and Steven Wozniak. Mr. Sokol’s engineering background includes embedded systems design (hardware and software), video postproduction, and semi-conductor test engineering. He holds patents on Interactive Storytelling and Design, and a patent on Electronic Commercial Transactions with minors.
Mr. Kirk Knight has 25 years’ experience in high technology marketing, including 20 years as a consultant to such clients as Apple Computer, Sun Microsystems, Intel, Motorola, NeXT, Oracle, Borland, Sprint and Sony Computer, as well as many start-ups including Go Computer, Mips and Actel. Mr. Knight was Marketing Communications Manager for Four-Phase Systems, later Motorola Computer Systems, a $300-million vertically integrated maker of distributed data processing systems for large enterprises. He is currently Vice President of Strategy and Business Development for BCC, Inc., an infrastructure technology provider for international trade. Prior to joining BCC, Mr. Knight co-founded cobaltcard.com with Mr. Sokol and Mr. Frank A. Corsini, serving as V.P. of Merchant Partnerships, Marketing and Web.
FORWARD LOOKING STATEMENT: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements regarding AüGRID Corporation in this release that are not historical in nature, particularly those that utilize terminology such as "may," "should," "likely," "expects," "anticipates," "estimates," "believes" or "plans," or comparable terminology, are forward-looking statements based on current expectations about future events, which AüGRID Corporation has derived from the information currently available to it. These forward-looking statements involve known and unknown risks and uncertainties that may cause our results to be materially different from results implied in such forward-looking statements. Important factors known to AüGRID Corporation that could cause forward-looking statements to turn out to be incorrect are identified and discussed from time to time in AüGRID Corporation's filings with the Securities and Exchange Commission. The forward-looking statements contained in this release speak only as of the date hereof, and AüGRID Corporation undertakes no obligation to correct or update any forward-looking statements, whether as a result of new information, future events or otherwise.
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Contact: AüGRID Corporation – Houston
Mary Horoszko
713-532-2000
Website: www.AüGRIDcorp.com
Investor Relations:
Equitilink LLC,
Andrew Arms
877-788-1940 toll-free
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