New York City Airplane Crash Claims Two
October 11 2006 - 8:51PM
Business Wire
Ballistic Recovery Systems, Inc. (OTCBB:BRSI or
BRSI.OB)(BRSparachutes.com), a manufacturer and worldwide supplier
of whole-airplane parachute recovery systems for general aviation
and recreational aircraft, acknowledged today that a Cirrus SR20,
equipped with a BRS parachute, crashed into a high-rise condominium
tower in New York City at mid-afternoon, killing two people. BRS
President Larry Williams said, �We were immediately informed today
of a fatal crash in New York of an airplane equipped with one of
our emergency parachute recovery systems. At this time our thoughts
and condolences are with the families of those killed, and with the
first responders who had to deal with this tragic accident.� The
National Transportation Safety Board has already sent a team to
fully investigate the accident. Williams said, �This accident is
under review by BRS, the NTSB and the FAA. We will cooperate fully
with these agencies and with Cirrus, the airplane manufacturer. The
NTSB will communicate their findings, and any causes related to the
accident, as they become available. At this time, we are deeply
saddened by the loss of life and want to express our support to the
families.� 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 23,000 parachute
systems to aircraft owners around the world including over 2,900
systems on certified aircraft like the Cirrus Design aircraft
manufactured in Duluth, Minnesota. To date, BRS parachute recovery
systems have been credited with saving the lives of 198 pilots and
passengers. 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 Ballistic Recovery Systems, Inc. (OTCBB:BRSI or
BRSI.OB)(BRSparachutes.com), a manufacturer and worldwide supplier
of whole-airplane parachute recovery systems for general aviation
and recreational aircraft, acknowledged today that a Cirrus SR20,
equipped with a BRS parachute, crashed into a high-rise condominium
tower in New York City at mid-afternoon, killing two people. BRS
President Larry Williams said, "We were immediately informed today
of a fatal crash in New York of an airplane equipped with one of
our emergency parachute recovery systems. At this time our thoughts
and condolences are with the families of those killed, and with the
first responders who had to deal with this tragic accident." The
National Transportation Safety Board has already sent a team to
fully investigate the accident. Williams said, "This accident is
under review by BRS, the NTSB and the FAA. We will cooperate fully
with these agencies and with Cirrus, the airplane manufacturer. The
NTSB will communicate their findings, and any causes related to the
accident, as they become available. At this time, we are deeply
saddened by the loss of life and want to express our support to the
families." 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 23,000 parachute
systems to aircraft owners around the world including over 2,900
systems on certified aircraft like the Cirrus Design aircraft
manufactured in Duluth, Minnesota. To date, BRS parachute recovery
systems have been credited with saving the lives of 198 pilots and
passengers. 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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