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 has officially accepted the keys to its new Corporate Headquarters building from the City of South St. Paul. �The combined efforts of City staff, architect, construction firm, and BRS employees have produced a truly unique structure that will meet our needs for years to come�, said BRS CEO, Larry Williams as he joined South St. Paul Mayor Beth Baumann and other City, State of Minnesota, and Minnesota Congressional delegation staffers in the August 28th noontime Ribbon Cutting ceremony. �We had outgrown our previous facility which served us well for over 28 years so definitely needed to find a structure (or build one in this case) that could accommodate the aggressive plans we have for new products and markets� he added. The new BRS facility has 15,000 square feet of production area in addition to 6,000 sq feet of office and engineering design spaces. It is located just down the road from the previous facility and still on the grounds of the Fleming Field (South St. Paul) airport. BRS worked closely with all parties to design the type of building and layout they needed and entered into a long-term leasing agreement with the City of South St. Paul, who is the landlord and owner of record, of the facility. 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 wholly-owned subsidiary of BRS, is a leader in the safety apparel and �cut & sew� 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 214 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.