Ballistic Recovery Systems (BRS) Releases Second Quarter 2006 Results

Ballistic Recovery Systems, Inc. (OTCBB:BRSI)
(BRSparachutes.com), a manufacturer of whole-airplane parachute
recovery systems for general aviation and recreational aircraft,
reported its earnings for the fiscal quarter ended March 31, 2006. The
Company reported an increase of revenue of 11.9 percent to $2,366,069
from $2,115,148 in the same period a year earlier. Net income for the
quarter ended March 31, 2006 was $(27,612), down from $75,322 a year
earlier. BRS officials said that income declined in the current
quarter due to costs associated with the start up operations in Mexico
as well as interest costs associated with the new long-term debt.
   "We are pleased by the continued growth in revenue. Although we
have posted a net loss for the first two quarters of 2006, we have
successfully transitioned enough production into our new Mexico
facility that we are now operating at slightly better than break-even
point beginning in March 2006, just six months after the purchase. As
we complete the certification requirements needed to move additional
production into Mexico, we should begin realizing substantial cost
savings going forward" said Donald R. Hedquist, BRS's Chief Financial
Officer.
   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 the early
1980's, BRS has delivered more than 21,000 parachute systems to
aircraft owners around the world including over 2,300 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
([e-mail]) TEL [phone]; FAX [phone]