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Ballistic Recovery Systems, Inc. (OTCBB:BRSI), a manufacturer of
whole-airplane emergency parachute systems, announced today they will
provide a critical parachute recovery system for Centro Italiano
Ricerche Aerospaziali (CIRA), the Italian Aerospace Research Center.
The BRS product will play a critical role in a series of Balloon
Dropped Transonic Flight Tests scheduled for early 2008. The
experimental programs will be launched from the Italian Air Force
polygon (PISQ) based in Sardinia, releasing the balloon and its cargo
of scientific equipment at altitudes from 24 to 40 km. The flying
laboratory will execute a programmed trajectory, comparable to the
last part of a spaceflight re-entry trajectory, with transitions
through supersonic, transonic and subsonic regimes. The BRS parachute
system will deploy to assure a safe splashdown and subsequent recovery
at sea.
"CIRA was looking for an off the shelf solution to replace a
previous recovery system within the programmatic requirements of the
Unmanned Space Vehicle (USV) program. They also needed to have a high
degree of confidence in its success," said BRS Vice President of
Engineering Frank Hoffmann. "We are in the process of making slight
modifications to the system's deployment configuration and the
parachute container to fit the required conditions. The parachute
canopy technology used on existing manned-aircraft programs will be
pulled off the shelf with no modifications at all. By using the
already proven man-rated technology, we combined our Unmanned Aerial
Vehicle (UAV) experience to be able to create this recovery system for
space research."
"This is a key milestone for BRS as we expand our technical
capability to address the rapidly growing UAV market," said BRS CEO
Larry E. Williams, "Our engineering group is doing a tremendous job
adapting and integrating the current "off the shelf" solution to the
requirements of BRS's first space application."
CIRA is a shareholders' consortium with a public-owned majority.
In particular, the Italian Space Agency (47%) and the National
Research Council (5%) comprise this majority. For more information,
visit http://www.cira.it/html/inglese/azienda/info_cira.asp.
About Ballistic Recovery Systems and Advanced Tactical Fabrication
Based in South Saint Paul, Minnesota, BRS designs, manufactures,
and distributes whole-airplane 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 and "cut & sew" industry. Since 1981, BRS
has delivered more than 27,000 parachute systems to aircraft owners
worldwide, including over 3,500 systems on FAA-certificated aircraft
such as the Cirrus Design aircraft manufactured in Duluth, Minnesota.
To date, BRS parachute recovery systems have been credited with saving
the lives of 207 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.
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