Ballistic Recovery Systems Releases Second Quarter 2005 Results Company Also Announces That Letter of Intent With Free Flight Enterprises Is Cancelled SOUTH ST. PAUL, Minn., May 25 /PRNewswire-FirstCall/ -- Ballistic Recovery Systems, Inc. (OTC:BRSI) (BULLETIN BOARD: BRSI) ( http://brsparachutes.com/ ) reported today a total of $2,115,148 in sales for the second quarter of fiscal year 2005 ending March 31. This total represents an increase of $631,670 or 42.6% over the $1,483,478 figure reported for same period in fiscal year 2004. Fiscal year 2005 second-quarter and year-to-date revenue growth primarily reflects a combination of an increase in the number of after market General Aviation sales, Cirrus Design production increases and stronger overall sales in the sport product line. Ballistic Recovery Systems Chief Executive Officer and President Larry E. Williams said: "We are pleased with our ongoing efforts to extend our product applications and generate solid and consistent revenue growth. At the same time, we are deriving benefits from our increase in research and development spending as well as ongoing improved operating efficiencies." Ballistic Recovery Systems is a South St. Paul, Minnesota based manufacturer of parachute recovery systems for general aviation and recreational aircraft. Over the company's 25 year history, BRS has sold nearly 20,000 of its whole-plane parachute systems; and these have been documented to have saved over 177 lives. BRS also announced today the cancellation of an April 4, 2005 Letter of Intent between BRS and Free Flight Enterprises of Lake Elsinore, Calif. The transaction was subject to completion of diligence by BRS and the negotiation and execution of a definite agreement. According to Williams both parties could not satisfactorily agree to final conditions to close a deal: "It's disappointing we were unable to carry out the acquisition of Free Flight, but as part of our overall growth strategy, BRS will continue to look toward other acquisition candidates." The forward-looking matters discussed here should be considered subject to risks and uncertainties, including market fluctuations, pricing, procurement, manufacturing efficiencies, 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. For more information on BRS contact: Larry E Williams; BRS CEO & President: Fleming Field, 300 Airport Road; South St. Paul, MN 55075; USA ( ) TEL 651.457.7491; FAX 651.457.8651 or Robb Leer at 952.842.8133 ( ) DATASOURCE: Ballistic Recovery Systems, Inc. CONTACT: Robb Leer for Ballistic Recovery Systems, +1-612-701-0608; or Larry E. Williams of Ballistic Recovery Systems (BRS), +1-651-457-7491 or Web site: http://brsparachutes.com/

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