Annual General Meeting of Ballistic Recovery Systems, Inc. 2005 Shareholders BRS President Praises Teamwork and Company's 25 Year Commitment to Aviation Safety; Sets Goal to Double BRS's Value Every Five Years! SOUTH ST. PAUL, Minn., March 28 /PRNewswire-FirstCall/ -- Ballistic Recovery Systems, Inc. (OTC:BRSI) (BULLETIN BOARD: BRSI) ( http://www.brsparachutes.com/ ), President & COO Larry E. Williams told shareholders gathered at their annual meeting that the whole-airplane parachute company was pleased to announce BRS had a profitable year, then pledged that BRS will continue to achieve great things, building on their long and proud legacy. "Overall the outlook is very bright," stated Williams. BRS is commemorating its 25th year in business in 2005. The aviation safety company has been credited with saving the lives of 177 people. In his address to shareholders on March 17th, Williams said the economic outlook is good and getting brighter. He cited first quarter sales results in 2004 as an example of significant financial growth. "In the face of continuing challenging conditions, we reported improved sales up 25.3%," said Williams. The company's top executive went on to predict, "We are confident that, with maximizing value as our governing objective, we strive to a level of financial performance and profitable growth that will exceed investors' expectations." The BRS President also stated he is setting a goal of doubling BRS value every five years. One of the primary goals Williams laid out for shareholders were strategies aimed to maximize value in the marketplace. "Maximizing value is our governing objective. We use value impact as our basis for setting priorities and value as our basis for choosing between alternatives. Maximizing value is the way to maximize resources. Not only is it essential to satisfy the responsibilities we have to you, our owners, but it is also the source for decision-making regarding our use of resources enabling our long- term business success," Williams explained. In the company's 25-year history, BRS has delivered nearly 20,000 of its whole-plane parachute systems to aircraft owners around the world, including over 1,900 systems on certified aircraft like the Cirrus Design aircraft manufactured in Duluth, Minnesota. Williams announced BRS will be named the recipient of Aviation Week's magazine Laureate Award as the top Business and General Aviation Company for 2004. BRS will be honored for its ongoing research and development programs to equip ultra lights and light airplanes with emergency parachute systems for the specific purpose of saving lives. The prestigious national award will be presented at a gala in Washington DC, April 5th. BRS CEO & Chairman of the Board Bob Nelson and company founder Boris Popov will be honored and will represent BRS at the event. The entire text of President & COO Larry E. Williams address to BRS shareholders can be read on-line on the BRS website: http://www.brsparachutes.com/ . For more information on BRS contact: Larry E. Williams; BRS, Inc: Fleming Field, 300 Airport Road; South St. Paul, MN 55075; USA ( ) TEL 651.457.7491 ; FAX 651.457.8651 or Robb Leer media liaison at 953-842-8133 ( ) DATASOURCE: Ballistic Recovery Systems, Inc. CONTACT: Robb Leer, +1-612-701-0608, or Larry E. Williams of Ballistic Recovery Systems, Inc., (BRS), +1-651-457-7491 or Web site: http://www.brsparachutes.com/

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