BRSI Ballistic Recovery Systems Inc (CE)

Ballistic Recovery Systems, Inc. (BRS) (OTCBB:BRSI)(BRSparachutes.com), a manufacturer of whole-airplane parachute recovery systems for general aviation and recreational aircraft, announced today a total of $2,182,872 in sales for the second quarter of fiscal year 2007 ended March 31, 2007 and year to date sales of $4,294,135 for the six months ended March 31, 2007. These totals represents a decrease of $133,762 from the $2,316,634 reported for the second quarter of FY 2006, and an increase of 1.67% over the $4,223,508 in sales reported for the first two quarters of FY 2006. The Company reported income before income taxes of $14,059 for the second quarter and $43,351 year to date for fiscal year 2007 compared to a loss before income taxes of ($45,494) for the second quarter and ($96,829) year to date for fiscal year 2006. Commenting on the results, Larry E. Williams, Chief Executive Officer said, �We are pleased the second quarter performance shows continued strength in the core business. We were able to both increase year to date revenue and show a continuation of profitability. We will continue to undertake more investment in operations and engineering to respond to strong market demand.� Chief Financial Officer Donald Hedquist said, �We have started to reinvest more money into expanding our product lines to meet an increasing demand. Our Tijuana sewing facility has recently increased hiring and is working seven days a week to fill demand for parachute systems. We expect to begin seeing decreases in inventory as we transition more business to the BRS owned facility.� 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 25,000 parachute systems to aircraft owners around the world including over 3,300 systems on certified aircraft like the Cirrus Design aircraft manufactured in Duluth, Minnesota. The company has its products as a standard item on the #1 LSA aircraft, Flight Design CT. To date, BRS parachute recovery systems have been credited with saving the lives of 201 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