Ballistic Recovery Systems (CE) (USOTC:BRSI)
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Ballistic Recovery Systems, Inc. (OTCBB:BRSI or
BRSI.OB)(BRSparachutes.com), a manufacturer of whole-airplane
parachute recovery systems for general aviation and recreational
aircraft, announced today CEO Larry E. Williams has been appointed to
its Board of Directors. Company officials say the move is indicative
of a focus on aligning the organization to respond to the market's
rapidly growing acceptance of whole airplane parachute systems.
BRS Chairman Robert L. Nelson said, "Larry William's leadership
and expertise in the aviation industry adds real value to our company.
In his two-year tenure as CEO, he's proven himself a capable leader.
Under his direction he has raised the bar, and produced sustained and
continued growth for BRS."
"We feel that William's appointment to the Board is crucial in
continuing our focus on building BRS and increasing our global
presence in both civilian and government markets. We look forward to
his increased involvement within our organization," Nelson concluded.
Williams served as CEO of BRS beginning in December 2004,
following a number of other executive-level roles. In 1999, Williams
became Vice President of Business Development for AmSafe(TM) Aviation,
the world's largest manufacturer of aviation restraints including the
AmSafe(TM) Aviation Inflatable Restraint (airbag), following five
years at Rural Metro Corporation as Group President.
"I am honored to be appointed to the BRS Board," Williams said.
"BRS is the leading worldwide whole airplane emergency recovery
parachute company, and as we continue to focus on new products for new
aircraft, I look forward to my expanding role in guiding these
efforts. BRS is the major league player in the marketplace, and the
commitment of BRS to aviation safety - and getting as many parachutes
on as many airplanes as possible - is evident via their recent
accomplishments."
Williams, in addition to his appointment to the BRS Board, will
remain as CEO, and also serves as Chairman of the General Aviation
Manufacturers Association's Safety Affairs and Training Committee. BRS
recently announced an agreement to develop the first civilian jet
parachute system for the new single engine Diamond Jet.
BRS is a South St. Paul, Minnesota, based company that designs,
manufactures and distributes whole-plane emergency parachute systems
for use on general aviation and recreational aircraft. Since 1981, BRS
has delivered more than 22,000 parachute systems to aircraft owners
around the world including over 2,800 systems on certified aircraft
like the Cirrus Design aircraft manufactured in Duluth, Minnesota.
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 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