Ballistic Recovery Systems Announces Extension of Supplier Relationship With Cirrus
February 06 2006 - 4:48PM
PR Newswire (US)
Agreement Includes Joint Agreement to Develop Increased Weight
& Higher Speed Parachutes SOUTH ST. PAUL, Minn., Feb. 6
/PRNewswire-FirstCall/ -- Ballistic Recovery Systems, Inc.
(OTC:BRSI) (BULLETIN BOARD: BRSI) ( http://brsparachutes.com/ ), a
manufacturer of whole-airplane parachute recovery systems for
general aviation and recreational aircraft, announced today an
extended supplier agreement with Cirrus Design Corporation,
manufacturer of the world's best selling four-place aircraft, the
Cirrus SR 22. Under the agreement, BRS will continue be the
exclusive supplier of the Cirrus Airframe Parachute System
(CAPS(TM)). BRS President and CEO Larry E. Williams said, "The
agreement continues the long-standing tie between the two aviation
companies. Cirrus rapidly became the premier single engine producer
for personal aircraft transportation and the CAPS(TM), developed
jointly with BRS, is a large part of that success. This agreement
is a win-win for our companies." The agreement also includes
expanded joint development for new generation parachutes that will
increase the deployment environment including an increase in the
weight and speed envelope. Williams said, "BRS has been conducting
aerial drop testing in Arizona over the past 12 months to increase
the envelope of safety of our whole-airplane parachutes. This chute
will increase the safety options available to the owners of single
engine airplanes." In Ballistic Recovery Systems' 25-year history,
BRS has sold over 21,000 onboard emergency parachute systems to
aircraft owners around the world, including over 2,500 systems on
certified aircraft like the CIRRUS Design SR series. BRS units to
date have been documented in saving 184 lives including 12 in
certified aircraft. For more information on BRS contact: Larry E.
Williams; BRS, Inc: Fleming Field, 300 Airport Road; South St.
Paul, MN 5075; USA ( ) TEL 651.457.7491 ; FAX 651.457.8651
http://www.brsparachutes.com/ CIRRUS is a recognized global leader
in the manufacturing of personal aviation aircraft. Their popular
SR20 and SR22 composite airplanes incorporate innovative advanced
technologies into their design, including the unique CIRRUS
Airframe Parachute System (CAPS(TM)). CIRRUS has a direct sales
force in North America with sales centers across South America,
Europe, Australasia, China, South Africa, Mexico, the Caribbean,
and Russia. For additional information on CIRRUS and its products
please visit: http://www.cirrusdesign.com/ . The forward-looking
matters discussed here should be considered subject to risks and
uncertainties, including market fluctuations, pricing, procurement,
manufacturing efficiencies, the results of litigation 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. First Call Analyst: FCMN
Contact: jgilmore@brsparchutes.com DATASOURCE: Ballistic Recovery
Systems, Inc. CONTACT: John Gilmore or Larry E. Williams, of
Ballistic Recovery Systems, Inc (BRS), +1-651-457-7491 or Web site:
http://www.brsparachutes.com/ http://www.cirrusdesign.com/
Copyright