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BRSI Ballistic Recovery Systems Inc (CE)

0.000001
0.00 (0.00%)
30 Jul 2024 - Closed
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

Ballistic Parachute Systems Announces New Organizational Changes

06/07/2006 4:29pm

Business Wire


Ballistic Recovery Systems (CE) (USOTC:BRSI)
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From Jul 2019 to Jul 2024

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Ballistic Recovery Systems, Inc. (OTCBB:BRSI) (BRSparachutes.com), a manufacturer and worldwide supplier of whole-airplane parachute recovery systems for general aviation and recreational aircraft, announced today two key additions to its senior management team. "BRS is at a point where we are seeing greater acceptance of whole airplane parachute technology," said Larry E. Williams, CEO and President of BRS, "these moves are reflective of our significant commitment to build our internal capabilities to respond to these market opportunities." Gary Moore joins BRS in the newly created position of Vice President of International Operations & Government Sales. Moore, most recently with Lockheed Martin, brings to BRS an extensive background of international and military business development from a variety of key international markets. Mr. Moore will focus on BRS's Mexican facility both in terms of operations and sales. "With an outstanding background developing new product strategies abroad, coupled with a strong proven sales record, Gary will be an invaluable asset to BRS," said Williams. Another addition to BRS's management team is the promotion of Frank Hoffmann to the position of Vice President of Engineering. Hoffmann, formerly based in Germany as the Director of Engineering for BRS's European office, now joins the BRS headquarters in St. Paul, Minnesota to assume his new position. "BRS is committed to new technologies and we expect to use these in new and existing products as airframe parachute applications expand into the exciting new light jet market," said Hoffmann In Ballistic Recovery System's 25-year history, the company has sold over 21,000 onboard emergency parachute systems to aircraft owners around the world, including over 2,700 systems on certified aircraft like the best-selling Cirrus Design SR series. BRS systems have been documented in saving 190 lives. For more information on BRS contact: Larry E. Williams; BRS, Inc: Fleming Field, 300 Airport Road; South St. Paul, MN 55075; USA (LarryWilliams@BRSparachutes.com) TEL 651.457.7491; FAX 651.457.8651 The forward looking matters discussed here should be considered subject to risks and uncertainties, including the growth of the Light Sport Aircraft Markets, the success of our distributor in India, market fluctuations, pricing, procurement, manufacturing efficiencies, the results of litigation 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.

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1 Year Ballistic Recovery Systems (CE) Chart

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