BRS Announces Save 214!SOUTH ST. PAUL, Minn. -- Ballistic Recovery Systems Ballistic Recovery Systems (commonly BRS) is a company that was formed in 1980 by Boris Popov after he survived a 400 foot fall in a partly collapsed hang glider in 1975. , Inc. (Pink Sheets: BRSI), a manufacturer of whole-aircraft emergency parachute systems, announced today that it was notified of an aircraft accident in Germany on Monday, August 25th, 2008 where its parachute recovery system saved the life of its pilot. The pilot of an FK14 Polaris light aircraft, losing aerodynamic control of his aircraft upon encountering severe weather near the city of Cologne, Germany and, realizing he was in a deteriorating situation, elected to deploy his installed BRS BRS - Big Red Switch. This abbreviation is fairly common on-line. emergency parachute system. The pilot subsequently landed in a grove "In a Grove" (藪の中) of trees and walked away with only a sight scratch to his face. "Once again, I am extremely proud of the BRS team whose concerted efforts made such a difference to this pilot and his family", said BRS CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Larry Williams. "We are indeed privileged to work for a company that has designed, manufactured, and sold such a product which has saved so many lives through the years!" he added. This incident marks the 214th documented life saved by the patented BRS parachute system. About Ballistic Recovery Systems and Advanced Tactical Fabrication fabrication (fab´rikā´sh n the construction or making of a restoration. Based in South Saint Paul South Saint Paul, city (1990 pop. 20,197), Dakota co., SE Minn., a suburb of St. Paul, on the Mississippi River; inc. 1887. It is known for its large stockyards and meatpacking industries; the first stockyard opened in 1887. , Minnesota, BRS designs, manufactures, and distributes whole-aircraft emergency parachute systems for general aviation and recreational aircraft. ATF ATF Molecular virology Activating transcription factor A cellular protein that stimulates transcription of adenovirus E4 transcription unit, which acts early in infection at any of several 'enhancer' binding sites (or Advanced Tactical Fabrication), a wholly-owned subsidiary of BRS, is a leader in the safety apparel and "cut & sew" industry. Ballistic Recovery Systems is a publicly traded company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. (BRSI.PK). Since 1981, BRS has delivered more than 29,000 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 214 pilots and passengers This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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. |
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