Ballistic Recovery Systems (CE) (USOTC:BRSI)
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Ballistic Recovery Systems, the world’s
leading manufacturer of whole-aircraft parachute systems, has announced
the following staff appointments to several parachute-industry
committees and updates on certification attainments.
Frank Hoffmann, VP of Engineering, was appointed chairman of the ASTM
F.37 task group for whole aircraft parachute recovery systems on light
sport aircraft (LSA). In this position, Mr. Hoffmann will guide the task
group members to improvements and updates of relevant standards to
reflect ongoing changes in technology. Chosen by a committee of his
peers, Mr. Hoffmann’s appointment to this key
position allows him to influence future design standards for this
product line.
This follows the May 2007 appointment of Mr. Hoffmann to the American
Institute of Aeronautics (AIAA) Aerodynamic Decelerator Technical
Committee (www.aerodecelerator.org),
which meets several times a year throughout the US. This committee
focuses on development and application of aerodynamic deceleration
systems and lifting parachutes, pararotators, and inflatable
decelerators for aerodynamic deceleration, sustentation, and landing of
manned and unmanned vehicles. Every second year, the AIAA ADS TC hosts
the Aerodynamic Decelerator System Conference, as well as the Heinrich
Parachute Short Course.
We are also pleased to announce that BRS parachute rigger John Koch has
received FAA certification as a Parachute Master Rigger. This
certification is the highest level awarded to a rigger and authorizes
John to complete all major repairs that affect the airworthiness or
function of a parachute. John, an FAA certified Senior Rigger for the
past six years, has over 2,400 parachute jumps, and is also a private
pilot and A&P mechanic.
Finally, at the Parachute Industry Association (PIA) Mini Symposium held
in Barcelona, Spain in February 2008, BRS Fabrication general manager
Norman Girdwood was re-elected as Chair of the PIA Risk Management
Sub-Committee. This sub-committee meets three times a year and is
currently tasked with reviewing the existing risk management measures in
use in the industry, the emphasis being on sport parachuting and sport
parachute equipment manufacturers. PIA supports all aspects of parachute
industry design, specifications, and manufacturing of commercial and
government parachute products. Mr. Girdwood’s
involvement with this key committee allows BRS to have visibility to and
influence of the latest industry innovations and risk parameters.
About Ballistic Recovery Systems and Advanced Tactical Fabrication
Based in South Saint Paul, Minnesota, BRS designs, manufactures, and
distributes whole-airplane emergency parachute systems for general
aviation and recreational aircraft. ATF (or Advanced Tactical
Fabrication), a joint venture of BRS and Head Lites Corp (HLC), is a
leader in the safety apparel and “cut & sew”
industry. Ballistic Recovery Systems is a publicly traded company. Since
1981, BRS has delivered more than 28,000 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 211 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.