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Ballistic Recovery Systems, Inc. (BRSI) RSS Feed

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Created
09/19/06
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Manufacturers of Whole Aircraft Parachute Systems http://www.brsparachutes.com BRS Parachute Will Fly in New Cessna SkyCatcher!!! 10/8/2007 SOUTH ST. PAUL, Minn., Oct 08, 2007 (BUSINESS WIRE) -- The list of aircraft manufacturers who have selected Ballistic Recovery Systems to provide a whole-airplane parachute system for their newest aircraft continues to grow at a record pace. BRS announced today that Cessna Aircraft Company, a Textron Inc. (NYSE:TXT) company, will offer a BRS system as an option in its new Light Sport Aircraft, the C-162 Skycatcher. "We've been working with Cessna since the beginning on their remarkable new design and we are pleased that they see the value in having leading-edge safety features like the BRS system on board," said Larry Williams, BRS Chief Executive Officer. The new Cessna two-seater is filled with new technologies. It has a Garmin glass cockpit, gull wing doors, a new-styled control stick that takes up less space than a conventional yoke and now a BRS parachute system which will bring the whole airplane safely back to earth in the event of an in-flight emergency. The BRS parachute will sit aft of the seats, modeling the current installations available for the Cessna Skyhawk and Skylane models. BRS also announced a new agreement which will make its unique parachute systems available for the entire family of Cessna piston singles, from the new C-162 Skycatcher all the way up to the top of the line C-206 Stationair. Cessna service stations across the world will begin offering BRS whole-airframe parachute system installations and service for the 172 Skyhawk and 182 Skylane later this year. BRS will begin immediately developing an STC for the parachutes to be installed in the C-206. Ballistic Recovery Systems has been manufacturing its unique whole-airframe parachutes since 1980 and is credited with saving more than two hundred lives. BRS also manufactures the worlds only FAA certified whole-airplane parachute for Cirrus Design. More than 3500 of those systems are flying on the Cirrus SR20 and SR22. In addition to offering systems for a growing number of light sport and recreational aircraft, BRS is also designing parachutes for Diamond Aircraft's new personal jet, the D-Jet and Epic Aircraft's new Victory jet. More than 27,000 BRS parachute systems are flying worldwide. The forward looking matters discussed here should be considered subject to risks and uncertainties, including market fluctuations, pricing, procurement, manufacturing efficiencies, 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. For more information, visit the company's website, www.BRSParachutes.com, or contact Mr. John Gilmore, johngilmore@brsparachutes.com, 651-294-2252. SOURCE: Ballistic Recovery Systems Ballistic Recovery Systems John Gilmore, 651-294-2252 johngilmore@brsparachutes.com www.BRSParachutes.com Copyright Business Wire 2007 © 2007 Stockgroup Media Inc. | Disclaimer
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