Ballistic Recovery Systems, Inc. (PINKSHEETS: BRSI), a manufacturer of whole-aircraft emergency parachute systems, announced today that it was notified of an aircraft accident near Tacoma, Washington this past Monday, April 20th where its uniquely designed, whole-aircraft parachute recovery system was deployed in midair and saved the life of the aircraft's pilot. This constitutes save #229 for a BRS parachute.

The Challenger II, a 960 lb, Experimental Light Sport Aircraft, was flying normal cruise speed at 2,000 ft altitude when the pilot suddenly lost elevator control. Not willing to risk landing under such conditions, he elected to deploy his onboard BRS parachute system while descending through 1,800 feet. Working as designed, the parachute brought both aircraft and occupant to earth safely, touching down in the front yard of an Auburn, WA residence. The pilot sustained only minor bruising and walked away while the Challenger sustained damage just to its landing gear.

Pilot Jared Stevenson, age 35, of Kent, Washington, said, "If the parachute wasn't on there, I absolutely would not be here. There was no way to ultimately get the aircraft down. I just didn't have the flight controls to do it." He added, "This is a perfect example of why people need extra safety equipment, such as aircraft parachutes, when they fly."

"As with all of our documented saves, I am extremely proud of our BRS team which designs and manufactures such positive life-impacting products," said BRS CEO and President, Larry Williams. "It's always nice to hear from pilots who believe so whole heartedly in the concept and application of parachutes for airplanes. This is exactly how we measure success... one life saved at a time," he added.

About Ballistic Recovery Systems and Advanced Tactical Fabrication

Based in South Saint Paul, Minnesota, BRS designs, manufactures, and distributes whole-aircraft emergency parachute systems for general aviation and recreational aircraft. ATF (or Advanced Tactical Fabrication), a wholly-owned subsidiary of BRS, designs and manufactures reflective and load-bearing safety vests, and is a leader in the safety apparel and "cut & sew" industry. Since 1981, BRS has delivered more than 30,000 parachute systems to aircraft owners worldwide, including over 3,500 systems on FAA-certificated aircraft such as the Cirrus Design SR20 and SR22 manufactured in Duluth, Minnesota. To date, BRS parachute recovery systems have been credited with saving the lives of 229 pilots and passengers.

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are often, but not always, made through the use of words such as "anticipates," "expects," "plans," "believes," "intends," and other similar words or phrases. These statements are only predictions, and are based on current information and expectations. Such statements involve a number of risks and uncertainties, including market fluctuations, pricing, procurement, manufacturing efficiencies, operating risks, 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. All forward-looking statements are qualified in their entirety by this cautionary statement, and BRS undertakes no obligation to revise or update this press release to reflect events or circumstances after the date hereof.

Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=967672

Add to Digg Bookmark with del.icio.us Add to Newsvine

Gary D. Moore Email Contact Larry E. Williams Email Contact Voice: 651-457-7491 FAX: 651-457-8651

Ballistic Recovery Systems (CE) (USOTC:BRSI)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Ballistic Recovery Systems (CE) Charts.
Ballistic Recovery Systems (CE) (USOTC:BRSI)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Ballistic Recovery Systems (CE) Charts.