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BRSI Ballistic Recovery Systems Inc (CE)

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Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Ballistic Recovery Systems Inc (CE) USOTC:BRSI OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.000001 0.00 01:00:00

BRS Receives ISO 9001 Certification

10/06/2008 8:00pm

Business Wire


Ballistic Recovery Systems (CE) (USOTC:BRSI)
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Ballistic Recovery Systems, Inc. (Pink Sheets: BRSI), a manufacturer of whole-aircraft emergency parachute systems, announced today that its South St. Paul Headquarters location had received its official Certificate of Registration from the independent auditor BSI Management Systems indicating its Quality Management System complies with all requirements of the internationally-recognized ISO 9001:2000 quality standard. Specifically, BRS’s Quality System meets or exceeds the ISO quality requirements for “the design, manufacture, assembly, and service of aerospace and safety products,” according to the accreditation organization. “This is a huge step forward for BRS,” said CEO and President, Larry Williams. “Receiving formal recognition, via ISO 9001 certification, is the culmination of months of hard work by everyone in our organization to standardize and document the already high standards we have always been known for. In the end, ISO certification wasn’t difficult since we didn’t have to create a new system…rather, we simply had to fully document the processes we have consistently been using for years,” Williams added. Receiving ISO 9001 recognition is a significant strategic milestone for any organization adopting a process approach to product design, manufacture, and service. The BRS certification strategy emphasized the importance of: a quality system that is focused on driving customer satisfaction; a set of procedures that cover all key processes in the business; monitoring processes to ensure they are effective; keeping adequate traceability records; checking output for defects, with appropriate and corrective action where necessary; regularly reviewing individual processes and the quality system itself for effectiveness; and facilitating continual improvement “Having a Quality Management System which complies with ISO 9001:2000 provides BRS with a unique opportunity to more fully compete for all types of bids, especially in the defense arena and international marketplace, where achievement of such recognition is increasingly becoming the standard and a determinant of ultimate success,” emphasized BRS Quality Manager, Dave Reiner. This Headquarters certification follows the successful ISO 9001 certification of BRS’s Tijuana, Mexico manufacturing facility achieved last year at this time. 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 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 (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 213 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.

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