Ballistic Recovery Systems Completes Private Placement Offering

  
    
  
  
    
      Ballistic Recovery Systems, Inc. (OTCBB:BRSI) announced that it 
      completed a third and final closing its private placement offering 
      whereby it sold an aggregate of 2,034,840 shares of its common stock and 
      warrants to purchase an additional 508,710 shares of common stock. BRS 
      raised approximately $2,767,000 net of commissions paid. Prior closings 
      of the offering were completed on October 25, 2006 and November 25, 2006.
    
    
      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 25,000 parachute systems to aircraft owners around 
      the world including over 3,000 systems on certified aircraft like the 
      Cirrus Design aircraft manufactured in Duluth, Minnesota. To date, BRS 
      parachute recovery systems have been credited with saving the lives of 
      199 pilots and passengers.
    
    
      This press release does not constitute an offer to sell or a 
      solicitation of an offer to buy and securities of BRS. The securities 
      sold in these issuances were not registered under the Securities Act and 
      therefore may not be offered or sold in the United States absent 
      registration or an applicable exemption from registration requirements. 
      For more information about the Company, 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]