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Ballistic Recovery Systems, Inc. (OTCBB:BRSI)(BRSparachutes.com),
a manufacturer and worldwide supplier of whole-airplane parachute
recovery systems for general and recreational aircraft along with
Diamond Aircraft manufacturer of full line of general aviation
aircraft, announced today that they are working together on the
development of a parachute system for the 5 seat DA50 Super Star. If
successful, this implementation would represent parachute integration
into the largest piston single engine certified aircraft. The system
is expected to be available in the 2008 timeframe.
"This arrangement, upon completion, will represent another step
that will make our vision of parachutes on more airplanes a reality.
Our development work in other general aviation programs and our recent
R&D efforts helped us to accommodate demands from this next generation
piston aircraft" said Larry E. Williams BRS President".
"The DA50 Super Star will be certified to fly without the
parachute. A successful program will result in a parachute that will
be offered as an option and we are pleased to select BRS as our
development partner in the DA50 program," said Christian Dries, CEO of
Diamond Aircraft.
In Ballistic Recovery System's 27-year history, the company has
sold over 25,000 onboard emergency parachute systems to aircraft
owners around the world, including over 3,300 systems on certified
aircraft. BRS units to date have been documented in saving 201 lives.
Diamond has previously announced a similar arrangement for development
of a system for the D-JET.
For more information on BRS contact: Larry E. Williams; BRS, Inc:
Fleming Field, 300 Airport Road; South St. Paul, MN 5075; USA
(LarryWilliams@BRSparachutes.com) TEL 651.457.7491 ; FAX 651.457.8651
The forward looking matters discussed here should be considered
subject to risks and uncertainties, including the growth of the Light
Sport Aircraft Markets, the success of our distributor in India,
market fluctuations, pricing, procurement, manufacturing efficiencies,
the results of litigation 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.
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