SOUTH ST. PAUL, Minn., Feb. 28 /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 they have entered into a non-exclusive Distribution and Development Agreement with Indus Aviation, Inc., of Dallas, Texas ( http://indusav.com/ ), to install parachute recovery systems on their US delivered Light Sport Aircraft models T 211 Thorpedo and T 11 Sky Skooter. They have also signed a dealer agreement to supply BRS parachute recovery systems for other personal and training aircraft in India, the world's second-most populous nation. Indus Aviation President Dr. Ram Pattisapu, MD, said, "India has a personal aviation growth market and we're taking a leadership position having put together a group of products and technologies that will have strong demand. It's clear that BRS parachutes are key to promoting aviation safety, and their installation on our aircraft will in turn allow us to increase sales. We are proud and excited to be the first company that will introduce the BRS airframe parachute technology in the newly emerging India market." A second agreement made with a Germany-based recovery parachute repack operation has resulted in a four-year contract for to provide support and service for all BRS recovery parachutes imported into Germany. The Speyer parachute repack facility will now import BRS recovery parachutes and rockets into Germany, as well as provide service and support for systems in Europe. BRS believes that this agreement holds enormous economic potential as Germany requires whole airframe recovery parachutes on all micro light aircraft. More than 5,000 BRS equipped aircraft are flying in the European continent, all of which require scheduled repacking and inspection as part of maintaining their airworthiness certification. BRS Vice President of Sales John Gilmore said, "With the signing of these new agreements, we believe that BRS is in a strong position to leverage the opportunities increasingly available in the growing global market. We are confident and pleased to be well poised to take advantage of our strategic alliances and the governmental regulations that strengthen our leadership in the industry, and also encourage the necessity of parachute recovery technology." In Ballistic Recovery Systems' 25-year history, the company has sold over 20,000 onboard emergency parachute systems to aircraft owners around the world, including over 2,350 systems on certified aircraft like the Cirrus Design SR series. BRS units to date have been documented in saving 187 lives, with 14 of those 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 The forward looking matters discussed here should be considered subject to risks and uncertainties, including the growth of the Light Sport Aircraft Markets, the success of our distributor in India, 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: kbanks@brsparchutes.com DATASOURCE: Ballistic Recovery Systems, Inc. CONTACT: John Gilmore of Ballistic Recovery Systems, Inc. (BRS), +1-651-457-7491, Web site: http://indusav.com/ http://www.brsparachutes.com/

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