BRS Parachute Now on the New Lancair Evolution!OSHKOSH, Wisc. -- Four new aircraft unveiled at the EAA's AirVenture Fly-in include whole-airframe parachute systems from 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. . Lancair debuted their new turbine-powered Evolution with a BRS BRS - Big Red Switch. This abbreviation is fairly common on-line. parachute in front of their world-wide media at a press conference today in Oshkosh, Wisconsin Oshkosh is a city located where the Fox River enters Lake Winnebago in Winnebago County, Wisconsin. As of the 2000 census, the city had a total population of 62,916. It has a metropolitan area of 159,972 people. . "It's great news for us and great news for Lancair pilots," said BRS Chairman Robert L. Nelson, who attended the press event. "More and more people understand the value of having a BRS chute on board." The new 4-seat, pressurized pres·sur·ize tr.v. pres·sur·ized, pres·sur·iz·ing, pres·sur·iz·es 1. To maintain normal air pressure in (an enclosure, as an aircraft or submarine). 2. Lancair Evolution This article contains information about a scheduled or anticipated . It may contain preliminary or speculative information, and may not reflect the final version of the aircraft. features a Pratt & Whitney 6A-135A engine, expected to deliver 385 mph in cruise on just 35 gallons per hour of Jet A. In addition to the BRS parachute, other state-of-the-art safety systems include AmSafe seatbelt airbags and specially designed energy absorbing seats. "The BRS Parachute system in the Lancair Evolution is unique in that it will be installed forward of the firewall," BRS VP of Sales, John Gilmore, said. Flight tests with the new airframe will use the larger capacity Next Generation chute now in development. Lancair is only the latest in a growing number of manufacturers who are taking advantage of the newest technology developed by Ballistic Recovery Systems for faster, heavier aircraft. Established in 1981, Ballistic Recovery Systems is now 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. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :BRSI)(BRSparachutes.com) and has delivered more than 27,000 parachute systems to aircraft owners around the world. To date, BRS whole-airplane parachutes are credited with saving the lives of more than 200 pilots and passengers. For more information, visit the company's website, www.BRSParachutes.com, or contact John Gilmore 651-457-7491, or JohnGilmore@BRSParachutes.com. 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 forward looking statements include, without limitation, statements relating to the benefits to be derived by BRS. 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 as to these risks and uncertainties, please review the company's public filings made 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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