BRSI Ballistic Recovery Systems Inc (CE)

Ballistic Recovery Systems, Inc. (Pink Sheets: BRSI), a manufacturer of whole-aircraft emergency parachute systems, announced today that it had passed its Light Aircraft Manufacturers Association (LAMA) audit for compliance with the ASTM (American Society for Testing and Materials) standards for production of emergency whole aircraft parachute recovery systems. LAMA President, Tom Gunnarson, in his announcement letter to BRS senior management, said �Your management team is leading the way in its commitment to safety and education for all those involved with your products. LAMA looks forward to a continued close relationship with BRS as we forge ahead in developing a vital industry for the future of aviation�. BRS Vice President of Engineering, Frank Hoffmann, further expounded, �Passing a LAMA audit is a significant milestone for any firm dealing with the Light Sport industry. It means we have the processes and people in place to make quality aviation products in a consistent manner�. Commenting on the LAMA announcement, BRS CEO Larry Williams said, �This audit showcases BRS�s abilities to meet the quality needs of our customers. I am very proud of our entire team in achieving this significant milestone�. BRS is the first whole-aircraft parachute system manufacturer to successfully complete an independent ASTM standards compliance audit. About Ballistic Recovery Systems and Advanced Tactical Fabrication Based in South Saint Paul, Minnesota, BRS designs, manufactures, and distributes whole-aircraft emergency parachute systems for general aviation and recreational aircraft. ATF (or Advanced Tactical Fabrication), a joint venture of BRS and Head Lites Corp (HLC), is a leader in the safety apparel industry. Ballistic Recovery Systems is a publicly traded company (BRSI.PK). Since 1981, BRS has delivered more than 29,000 parachute systems to aircraft owners worldwide, including over 3,500 systems on FAA-certificated aircraft such as the Cirrus Design SR20 and SR22 manufactured in Duluth, Minnesota. To date, BRS parachute recovery systems have been credited with saving the lives of 213 pilots and passengers This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are often, but not always, made through the use of words such as �anticipates,� �expects,� �plans,� �believes,� �intends,� and other similar words or phrases. These statements are only predictions, and are based on current information and expectations. Such statements involve a number of risks and uncertainties, including market fluctuations, pricing, procurement, manufacturing efficiencies, operating risks, 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. All forward-looking statements are qualified in their entirety by this cautionary statement, and BRS undertakes no obligation to revise or update this press release to reflect events or circumstances after the date hereof.