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ASHA is an automotive engineering company headquartered in Southern California. Its board of directors includes retired executives of Ford,. Chrysler and Saab. The company has fully developed and is about to commercialize two automotive technologies that can realistically be called "revolutionary". They are a system of traction control for 2 and 4 wheel drive vehicles, called "Gerodisc" and a platform for manufacturing ultra-low cost vehicles for the 3d world. which they call the "ABC Car -- Asha Body Concept", also called the World Car. The Gerodisc is a hydromechanical traction control device that is a substantial improvement over today's electronic devices and costs substantially less. It has been thoroughly tested and is being licensed to Tier One OEM manufacturers. New Venture Gear will supply Gerodixc to Chrysler for inclusion in the 1999 Jeep Grand Cherokee. Other domestic and foreign manufacturers are expected to follow suit. Eventually, unless a superior technology emerges, Gerodisc will be standard equipment on most automotive vehicles on the road. ASHA is expected to earn $3 to $10 for each installation. The ABC car utilizes an unconventional, labor-intensive construction process designed for third world countries. As described in a November, 1997 research report by H. J. Meyers & Co. (Steve Loewengart, 212-412-8266), which has a buy recommendation on ASHA: "Designed into this car are economy of operation, durability and sturdiness to withstand the rigor of poor road conditions and harsh environments...simplicity of production assembly through use of composite materials...largely eliminated are the needs for painting...and electric power due to modular components..." A factory has been constructed in Jaixing City, China which is beginning to produce cars that will be used as taxis. A design feature allows the use of a wide variety of engines. To learn more about ASHA, call their IR rep Elliot Goldberg at 888-345-2742 or the company's S. Calif. office at 805-683-2331 and check out the links below: Gerodisc Technology explained: biz.yahoo.com Gerodisc licensed to New Venture Gear (auto OEM) will be installed in the 1999 Chrysler Grand Cherokee and will be called "Quadradrive": biz.yahoo.com 1997 10KSB: sec.yahoo.com | ||||||||||||||
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