Ballistic Recovery Systems President and Chief Operating Officer Larry E. Williams Promoted to Chief Executive Officer
May 10 2005 - 2:41PM
PR Newswire (US)
Ballistic Recovery Systems President and Chief Operating Officer
Larry E. Williams Promoted to Chief Executive Officer SOUTH ST.
PAUL, Minn., May 10 /PRNewswire-FirstCall/ -- Ballistic Recovery
Systems, Inc. (OTC:BRSI) (BULLETIN BOARD: BRSI) (
http://brsparachutes.com/ ), a manufacturer of parachute recovery
systems for general aviation and recreational aircraft, announced
today that Larry E. Williams has been promoted to Chief Executive
Officer, effective immediately. (Photo:
http://www.newscom.com/cgi-bin/prnh/20050510/CGTU038 ) Williams
joined BRS in Dec. 2004, when he was hired as the aviation safety
company's new President and Chief Operating Officer. Williams will
also retain those executive titles and responsibilities. Before
joining BRS, Williams, 47, was Vice President of Business
Development for AmSafe Aviation in Phoenix, Arizona, for the last
four years. AmSafe is the world's largest manufacturer of aviation
restraints. Previously, he was Group President at Rural/Metro
Corporation from 1995 to 2000, where his accomplishments included
increasing total sales, as well as maintaining top market share in
airport fire protection services. Robert L. Nelson, the chair of
the BRS's Board of Directors, said the Board is pleased to elevate
Williams to the additional position of Chief Executive Officer.
"Larry has proven his skill of leadership and his dedication to
BRS' primary mission of saving lives within aviation industry," he
said. "As Chairman of the Board, I look forward to a long and
fruitful relationship with Larry and his team. Larry's industry
relationships and his understanding of the overall aviation market
will help us move the company into new and more profitable
endeavors." After working in aviation safety for over two decades,
Williams said it is truly exciting to have this opportunity. "BRS
is a company with a long-standing reputation as a trusted partner
in aviation. While this industry has seen many changes in the past
and undoubtedly faces many more in the years ahead, BRS has proven
its added value to the flying public for over twenty five years and
is responsible for saving 177 lives. BRS is well positioned to
foster its pivotal role in the world of aviation safety," said
Williams. "BRS has opened up new markets, bringing innovative
products and services to the industry. However, what hasn't changed
is the need for aviation safety products like BRS provides," said
the new CEO. "I see great opportunities for BRS, a company that has
both the right position and the people, to extend its role into
these new directions. It goes without saying that I look forward to
working together with customers and the employees of BRS to help
explore these shared interests." BRS is a South St. Paul, Minn.,
based company that designs, manufactures and distributes whole
aircraft emergency parachute systems for use on general aviation
and recreational aircraft. Since the early 1980's, BRS has
delivered over 19,000 parachute systems to aircraft owners around
the world including over 1500 systems on the certified aircraft
like the Cirrus Design aircraft manufactured in Duluth, Minnesota.
Actual documented uses of these systems are credited with saving
the lives of 177 people. In April 2005, BRS was named recipient of
Aviation Week & Technology magazines Laureate Award as the top
Aviation and General Aviation Company in 2004.
http://www.newscom.com/cgi-bin/prnh/20050510/CGTU038
http://photoarchive.ap.org/ DATASOURCE: Ballistic Recovery Systems,
Inc. CONTACT: Larry E. Williams, CEO of BRS, Inc., +1-651-457-7491,
Fax +1-651-457-8651, , or Robb Leer, BRS Media Liaison,
+1-952-942-8133, Web site: http://brsparachutes.com/
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