Ballistic Recovery Systems (CE) (USOTC:BRSI)
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Ballistic Recovery Systems, Inc. (OTCBB:BRSI or
BRSI.OB)(BRSparachutes.com), a manufacturer and worldwide supplier of
whole-airplane parachute recovery systems for general aviation and
recreational aircraft, acknowledged today that a Cirrus SR20, equipped
with a BRS parachute, crashed into a high-rise condominium tower in New
York City at mid-afternoon, killing two people.
BRS President Larry Williams said, “We were
immediately informed today of a fatal crash in New York of an airplane
equipped with one of our emergency parachute recovery systems. At this
time our thoughts and condolences are with the families of those killed,
and with the first responders who had to deal with this tragic accident.”
The National Transportation Safety Board has already sent a team to
fully investigate the accident. Williams said, “This
accident is under review by BRS, the NTSB and the FAA. We will cooperate
fully with these agencies and with Cirrus, the airplane manufacturer.
The NTSB will communicate their findings, and any causes related to the
accident, as they become available. At this time, we are deeply saddened
by the loss of life and want to express our support to the families.”
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 23,000 parachute systems to aircraft owners around
the world including over 2,900 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
198 pilots and passengers.
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
Ballistic Recovery Systems, Inc. (OTCBB:BRSI or
BRSI.OB)(BRSparachutes.com), a manufacturer and worldwide supplier of
whole-airplane parachute recovery systems for general aviation and
recreational aircraft, acknowledged today that a Cirrus SR20, equipped
with a BRS parachute, crashed into a high-rise condominium tower in
New York City at mid-afternoon, killing two people.
BRS President Larry Williams said, "We were immediately informed
today of a fatal crash in New York of an airplane equipped with one of
our emergency parachute recovery systems. At this time our thoughts
and condolences are with the families of those killed, and with the
first responders who had to deal with this tragic accident."
The National Transportation Safety Board has already sent a team
to fully investigate the accident. Williams said, "This accident is
under review by BRS, the NTSB and the FAA. We will cooperate fully
with these agencies and with Cirrus, the airplane manufacturer. The
NTSB will communicate their findings, and any causes related to the
accident, as they become available. At this time, we are deeply
saddened by the loss of life and want to express our support to the
families."
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 23,000 parachute systems to aircraft owners
around the world including over 2,900 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 198 pilots and passengers.
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