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FORD MOTOR COMPANY/ASHA CORPORATION SIGN RESEARCH CONTRACT

 SANTA BARBARA, Calif., April 22 /PRNewswire/ -- ASHA Corporation (OTC Bulletin Board: ASHA) announced today that it had entered into an important research and development agreement with Ford Motor Company (NYSE: F) of Dearborn, Mich.
 The announcement was made by Alain J-M Clenet, president and chief executive officer of ASHA Corporation.
 ASHA has developed a new effective technology applicable to motor vehicle powertrains.
 This research contract to produce additional prototypes for Ford may lead to new agreements.
 ASHA Corporation is a research and development organization dedicated to developing commercially innovative products for the automotive industry.
 -0- 4/22/93
 /CONTACT: Valarie Valencia, secretary/treasurer of ASHA Corporation, 805-683-0441/
 (ASHA F)


CO: ASHA Corporation; Ford Motor Company ST: California, Michigan IN: AUT SU: CON

BR-BN -- LA018 -- 9365 04/22/93 11:19 EDT
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Publication:PR Newswire
Date:Apr 22, 1993
Words:131
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