BRSI Ballistic Recovery Systems Inc (CE)

Ballistic Recovery Systems, Inc. (Pink Sheets: BRSI), a manufacturer of whole-aircraft emergency parachute systems, announced today that it was notified of two separate aircraft accidents involving a total of three pilots and passengers where their patented emergency parachute system was used to bring all occupants safely back to the ground. Both incidents occurred in 2007. In one, a Missouri-based pilot experienced catastrophic engine failure of his Backyard Flyer Ultra Light and, while inverted and spiraling down at 300 feet altitude, deployed the parachute. The pilot experienced only minor scratches and walked away from the aircraft. In the second incident occurring in Luxembourg, a pilot and passenger lost control of their C-42 Comco Ikarus aircraft when they encountered severe wing tip vortices from a Boeing 747 commercial aircraft. They were able to deploy their installed BRS parachute and were recovered safely. These two incidents marked numbers 209, 210, and 211 in BRS� long legacy of documented lives saved by its emergency parachute system. About Ballistic Recovery Systems and Advanced Tactical Fabrication Based in South Saint Paul, Minnesota, BRS designs, manufactures, and distributes whole-aircraft emergency parachute systems for general aviation and recreational aircraft. ATF (or Advanced Tactical Fabrication), a joint venture of BRS and Head Lites Corp (HLC), is a leader in the safety apparel and �cut & sew� industry. Ballistic Recovery Systems is a publicly traded company (BRSI.PK). Since 1981, BRS has delivered more than 28,000 parachute systems to aircraft owners worldwide, including over 3,500 systems on FAA-certificated aircraft such as the Cirrus Design SR20 and SR22 manufactured in Duluth, Minnesota. To date, BRS parachute recovery systems have been credited with saving the lives of 211 pilots and passengers This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are often, but not always, made through the use of words such as �anticipates,� �expects,� �plans,� �believes,� �intends,� and other similar words or phrases. These statements are only predictions, and are based on current information and expectations. Such statements involve a number of risks and uncertainties, including market fluctuations, pricing, procurement, manufacturing efficiencies, operating risks, and other risks that could cause the actual results to differ materially from those projected. For more information, review the company�s filings with the Securities and Exchange Commission, particularly the Company�s annual report on Form 10-KSB. All forward-looking statements are qualified in their entirety by this cautionary statement, and BRS undertakes no obligation to revise or update this press release to reflect events or circumstances after the date hereof.