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ELECTROSOURCE, INC. JOINS TEXSTART CONSORTIUM

 ELECTROSOURCE, INC. JOINS TEXSTART CONSORTIUM
 AUSTIN, Aug. 17 /PRNewswire/ -- Electrosource, Inc. (NASDAQ: ELSI)


announced today it had become a member of the newly formed consortium, TexStart. "The not-for-profit consortium will facilitate the research, development and, where possible, commercialization of new technologies that have the potential for bringing advanced concepts, systems, and components to electric vehicle transportation," stated Bonny E. Jay, president.
 TexStart consists of the Electric Power Research Institute (EPRI), of Palo Alto, Calif., Electrosource, Inc. (ELSI), of Austin, Texas, Texas A&M University Center for Electrochemical Systems and Hydrogen Research (CESHR), and the South Central Electric Vehicle Consortium (SCEVC), which includes a group of electric utilities from Texas and its contiguous states, and the Texas Transportation Institute (TTI). TexStart plans to add to its membership Texas mass-transit authorities and Texas aerospace, defense, electronics and research and development companies and other universities. TexStart also plans to include the Texas State Highway Department as an ex-officio member for information coordination.
 -0- 8/17/92
 /CONTACT: Audrey T. Dearing, corporate secretary, Electrosource, Inc., 512-445-6606/
 (ELSI) CO: Electrosource, Inc.; TexStart ST: Texas IN: SU:


LD -- NY085 -- 0673 08/17/92 16:58 EDT
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Date:Aug 17, 1992
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