BRS Announces ASTM-compliance For New 5000 Series Parachute
19 7월 2008 - 5:00AM
Business Wire
Ballistic Recovery Systems, Inc. (Pink Sheets:BRSI), a manufacturer
of whole-aircraft emergency parachute systems, announced today that
its new 5000 series parachute canopy fully complies with ASTM
standard F2316 for whole-aircraft emergency recovery systems. �With
this compliance, the flying public can be assured that the design
and functionality of our new 5000 series parachute will meet the
rigorous standards of this industry-governing body�a milestone that
differentiates us from any other manufacturer to date,� commented
BRS VP of Engineering, Frank Hoffmann. In addition to compliance
with the ASTM standard, BRS has submitted its test plan for the
5000 series to the FAA for Part 23 certification review. Once
approved, this parachute will be available for use on certificated
aircraft within the weight category for which it was designed.
�Being ASTM-compliant, and soon-to-be Part 23 certified for this
new weight-category parachute, means BRS can readily support the
higher-weight category VLJs and heavier piston airframes�something
not possible only a few months ago.� added CEO Larry Williams. BRS
will be aggressively marketing this system and sees a bright future
for parachute systems in this new arena of �heavier aircraft.�
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.
Ballistic Recovery Systems (CE) (USOTC:BRSI)
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