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ELECTROSOURCE ANNOUNCES HIRING OF VICE PRESIDENT OF BUSINESS DEVELOPMENT

 AUSTIN, Texas, Jan. 11 /PRNewswire/ -- Electrosource, Inc. (NASDAQ: ELSI) announced today the hiring of William B. Craven as vice president of Business Development. Craven holds a BBA Degree from Lynchburg College and a MBA from The University of Texas.
 Since 1987, Craven has been the associate director for the Center for Electrochemical Systems and Hydrogen Research (CESHR), part of the Texas A&M University System, where he managed an internationally recognized electric vehicle (EV) and fuel cell program.
 Since 1989, Craven has served as business manager for the South Central Electric Vehicle Consortium, whose members include utility companies representing over 80 percent of the electricity produced in Texas and Oklahoma.
 Since 1991, Craven has acted as program manager for the U.S. Department of Energy EV site operator program, where he coordinated the purchasing and supervised the field testing of EV's by industrial and state agencies in Texas and adjoining states.
 Craven has co-founded six high tech companies in Texas, including Rechargeable Battery Corporation and Lynntech, Inc. Craven presently acts as executive director of TexStart, an EV/economic consortium, whose membership includes Electrosource and CESHR. Craven is also responsible for national service and maintenance for the electric G-Van Program sponsored by the Electric Power Research Institute.
 Benny Jay, president and CEO of Electrosource, said, "Electrosource is extremely fortunate to be able to employ someone of Bill Craven's caliber and standing in the EV community. His past experience in the field of EV's makes him uniquely qualified to work for Electrosource at a time when the company's primary efforts are being directed at producing an advanced battery for electric vehicles."
 Electrosource, Inc., is an Austin based company whose principle business is in the development of advanced lead acid batteries.
 -0- 1/11/93
 /CONTACT: Audrey T. Dearing of Electrosource, Inc., 512-445-6606/
 (ELSI)


CO: Electrosource, Inc. ST: Texas IN: SU: PER

TS -- NY044 -- 3484 01/11/93 11:27 EST
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Date:Jan 11, 1993
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