SOURCE: AUGRID Global Holding Corporation

December 17, 2008 09:30 ET

AUGRID Global Holdings Corporation's Subsidiary Avatar Design and Manufacturing Has Completed Designs for Additional Models of the Citrus Machines to Be Unveiled in Early 2009

HOUSTON, TX--(Marketwire - December 17, 2008) - AUGRID Global Holdings Corp. (PINKSHEETS: AGHG), a holding company dedicated to acquiring and managing ownership interests in a diverse range of businesses.

AUGRID Global Holdings Corporation's Subsidiary Avatar Design and Manufacturing has completed designs for additional Models of the citrus machines to be unveiled in early 2009.

The meeting that occurred on Monday the 15th of December 2008 included our New York, New Jersey, and Connecticut sales reps, in which the focus was to complete the new designs for the citrus machines, the purpose for the new design is to yield 25-30% more juice per serving.

In addition we are pleased to announce the commitments for an additional 50 units of the already in production F-5 juicer mentioned in our prior release. Finally, Monday ended with our Rep from Florida expanding his territory into the State of Georgia. This is also very important because it will increase our sales of the F-5 Juicer by an additional 50 units per year minimum.

Today, MJ Shaheed, CEO of AUGRID Global Holdings Corporation, was informed that Avatar will focus on a kitchen top "consumer" model for the coming year to be priced according to the current economic times. AUGRID'S philosophy is simple "healthy beverage should not equal empty pockets, make it at home and save money."

Avatar specializes in the manufacture of citrus and vegetable juicing machines, The corporation's CEO has a 50+ year history in the business of manufacturing these machines.

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements regarding AUGRID 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 AUGRID 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 AUGRID Corporation that could cause forward-looking statements to turn out to be incorrect are identified and discussed from time to time in AUGRID 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 AUGRID 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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