BRS Announces Save 214!
28 August 2008 - 6:54AM
Business Wire
Ballistic Recovery Systems, Inc. (Pink Sheets: BRSI), a
manufacturer of whole-aircraft emergency parachute systems,
announced today that it was notified of an aircraft accident in
Germany on Monday, August 25th, 2008 where its parachute recovery
system saved the life of its pilot. The pilot of an FK14 Polaris
light aircraft, losing aerodynamic control of his aircraft upon
encountering severe weather near the city of Cologne, Germany and,
realizing he was in a deteriorating situation, elected to deploy
his installed BRS emergency parachute system. The pilot
subsequently landed in a grove of trees and walked away with only a
sight scratch to his face. �Once again, I am extremely proud of the
BRS team whose concerted efforts made such a difference to this
pilot and his family�, said BRS CEO, Larry Williams. �We are indeed
privileged to work for a company that has designed, manufactured,
and sold such a product which has saved so many lives through the
years!� he added. This incident marks the 214th documented life
saved by the patented BRS 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
wholly-owned subsidiary of BRS, 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 29,000 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 214 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.
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