Ballistic Recovery Systems (BRS) Appoints CEO to Board of Directors
September 14 2006 - 5:51PM
Business Wire
Ballistic Recovery Systems, Inc. (OTCBB:BRSI or
BRSI.OB)(BRSparachutes.com), a manufacturer of whole-airplane
parachute recovery systems for general aviation and recreational
aircraft, announced today CEO Larry E. Williams has been appointed
to its Board of Directors. Company officials say the move is
indicative of a focus on aligning the organization to respond to
the market's rapidly growing acceptance of whole airplane parachute
systems. BRS Chairman Robert L. Nelson said, "Larry William's
leadership and expertise in the aviation industry adds real value
to our company. In his two-year tenure as CEO, he's proven himself
a capable leader. Under his direction he has raised the bar, and
produced sustained and continued growth for BRS." "We feel that
William's appointment to the Board is crucial in continuing our
focus on building BRS and increasing our global presence in both
civilian and government markets. We look forward to his increased
involvement within our organization," Nelson concluded. Williams
served as CEO of BRS beginning in December 2004, following a number
of other executive-level roles. In 1999, Williams became Vice
President of Business Development for AmSafe(TM) Aviation, the
world's largest manufacturer of aviation restraints including the
AmSafe(TM) Aviation Inflatable Restraint (airbag), following five
years at Rural Metro Corporation as Group President. "I am honored
to be appointed to the BRS Board," Williams said. "BRS is the
leading worldwide whole airplane emergency recovery parachute
company, and as we continue to focus on new products for new
aircraft, I look forward to my expanding role in guiding these
efforts. BRS is the major league player in the marketplace, and the
commitment of BRS to aviation safety - and getting as many
parachutes on as many airplanes as possible - is evident via their
recent accomplishments." Williams, in addition to his appointment
to the BRS Board, will remain as CEO, and also serves as Chairman
of the General Aviation Manufacturers Association's Safety Affairs
and Training Committee. BRS recently announced an agreement to
develop the first civilian jet parachute system for the new single
engine Diamond Jet. BRS is a South St. Paul, Minnesota, based
company that designs, manufactures and distributes whole-plane
emergency parachute systems for use on general aviation and
recreational aircraft. Since 1981, BRS has delivered more than
22,000 parachute systems to aircraft owners around the world
including over 2,800 systems on certified aircraft like the Cirrus
Design aircraft manufactured in Duluth, Minnesota. The forward
looking matters discussed here should be considered subject to
risks and uncertainties, including market fluctuations, pricing,
procurement, manufacturing efficiencies, 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. For more information on BRS contact:
Larry E. Williams; BRS, Inc: Fleming Field, 300 Airport Road; South
St. Paul, MN 55075; USA (LarryWilliams@BRSparachutes.com) TEL
651.457.7491 ; FAX 651.457.8651
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