Ballistic Recovery Systems (BRS) Releases Third 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 June 30,
2006. BRS reported an increase in revenue of 24.7% to $2,633,976 up
from $2,112,091 in the same period a year earlier. BRS officials said
income from operations was higher, but that the increase was largely
offset by interest costs associated with long-term debt. Net income
for the quarter was $40,122, compared to $41,769 one year earlier.
   BRS CFO Don Hedquist said, "We are pleased by the continued growth
in revenue and our ability to execute our strategy to increase sales
and lower cost of operations. One strategy is to use lower cost
international operations and effectively leverage our base of labor
where appropriate. Sales activity has generated interest in the
existing product line while we strengthen BRS' engineering focus on
new product development. We've created additional long-term value for
our investors through these actions."
   "BRS continues to achieve steady revenue growth as we expand our
presence in existing markets, win new business like the D-Jet, and
achieve modernization where applicable to provide high-quality
products," said Larry E. Williams, BRS President and CEO. "In the
third quarter, we generated a 43% increase in recreational sales over
the same period last year due to the strength of our international
business and product reputation. We are pleased to expand our market
share and increase our net revenue while remaining continuing to
successfully manage expenses."
   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 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
([e-mail]) TEL [phone] ; FAX [phone]