I spoke too soon. Using the TS401 on the same car, a day later, it reported Tire Pressure "NA" again on all four wheels. This was with using the bottom menu item to select the 2010 Ford Fusion.
However after selecting the car from the top menu item, the unit again reports the actual Tire Pressure "32 PSI" on all four wheels.
So, apparently this is a firmware bug but may be limited to my car's make, model, year. Maybe someone else can confirm similar results with fw 2.68.
I would like to suggest an improvement for future updates that the TS401 Main Menu be changed to eliminate the need for the user to reselect the most recently selected make/model/year selection. Once selected, the TS401 should remember the selection even when power is switched to off. I recommend this Main Menu item be replaced with menu functions: 1. Test One Wheel, and 2. Test All Wheels. By adopting this menu system, the System Settings option of Test One/All Wheel(s) would be eliminated.