ASHA Corporation Elects Wiley McCoy to Board of Directors.SANTA BARBARA Santa Barbara (săn'tə bär`brə, –bərə), city (1990 pop. 85,571), seat of Santa Barbara co., S Calif., on the Pacific Ocean; inc. 1850. , Calif.--(AutomotiveWire)--March 31, 1999--The Board of Directors of ASHA Corporation/McLaren Engines, Inc. (Nasdaq:ASHA) have announced the election of Mr. Wiley R. McCoy to the Board. Mr. McCoy will also continue with his operational duties as President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of McLaren Engines, Inc. Mr. McCoy has served as President and Chief Operating Officer of McLaren Engines since December 1993. Previously Mr. McCoy served as Executive Vice President and Chief Operating Officer since 1982. Mr. McCoy came to McLaren in 1976 as an Engineering Program Manager of turbocharged racing programs. BMW BMW in full Bayerische Motoren Werke AG German automaker. Founded as an aircraft engine manufacturer in 1916, the company assumed the name Bayerische Motoren Werke and became known for its high-speed motorcycles in the 1920s. had partnered with McLaren at that time to develop a turbocharged engine package for road racing and Formula One Grand Prix Formula One Grand Prix can refer to one of the following racing computer games:
Since that time, McLaren Engines has developed a wide base of OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and and Tier I clients in all areas of powertrain, from design to emissions certification. Mr. McCoy has served as both program manager for various projects as well as Chief Operating Officer. Before McLaren, Mr. McCoy was involved in various high performance and engine development programs for most of the 20 years previous. "I feel this is as tremendous opportunity for both McLaren and myself. The ASHA Board represents a broad spectrum of senior automotive management experience from throughout the Tier I and OEM community. I am excited to share my ideas and be part of the decision-making team at ASHA/McLaren," said McCoy. ASHA Corporation develops advanced technology products and automotive design and manufacturing techniques for the global automotive industry, and licenses the award winning GERODISC(TM) traction control system A traction control system (TCS), on current production vehicles, are typically (but not necessarily) electro-hydraulic systems designed to prevent loss of traction (and therefore the control of the vehicle) when excessive throttle or steering is applied by the driver. . Currently, ASHA has twenty worldwide license agreements in place for 4WD, 2WD, and AWD AWD Alive with–disseminated and/or metastatic disease platforms. McLaren Engines, Inc. is a complete powertrain design, fabricating, and testing facility occupying over 55,000 square feet of office and laboratory space in Livonia, Michigan. McLaren Engines, Inc. operates as a subsidiary of ASHA Corporation, under the direction of Wiley McCoy, President and Chief Operating Officer. During its thirty year record of service, McLaren Engines has serviced the research, development, and testing needs of more than one hundred clients, and is an ISO- iso- or is- pref. 1. Equal; uniform: isobar. 2. Isomeric: isopropyl. 3. 9001 registered firm. The stock is traded on the NASDAQ SmallCap Market (Symbol: ASHA). Visit ASHA Corporation on the Internet at www.ashacorp.com, and McLaren Engines, Inc. at www.mclarenengines.com. |
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