Ballistic Recovery Systems, Inc. (OTCBB:BRSI)(BRSparachutes.com), a manufacturer of whole-aircraft parachute recovery systems for general aviation, recreational aircraft and the US Department of Defense, today announced Mr. Fernando Caralt, President of CIMSA Ingenieria de Sistemas, has been appointed as the seventh member of the Company�s board of directors. �Caralt brings more than 10 years of extensive operating management, product development and parachute experience to the BRS board,� said Robert L. Nelson, BRS Board Chairman. �His vast experience and European perspective will clearly benefit BRS as we continue to build the Company for the future.� Fernando Caralt joins current directors Robert L. Nelson, Boris Popov, Thomas Adams, Darrel Brandt, Edward L. Underwood, and Larry E. Williams. Over the past several years, Mr. Caralt has served in technical and senior leadership capacities for a variety of aerospace companies including the Boeing Corporation. As president of CIMSA, he successfully built the company into a global leader in the parachute industry. BRS and CIMSA recently entered into a partnership agreement to jointly develop new and existing parachute systems aimed at advancing the two companies� shared technology in the global aerospace market. This new collaboration between BRS and CIMSA will address the increasingly critical role of textile-based wings and recovery systems, including Precision Aerial Delivery (PAD) guided parachutes, Unmanned Aerial Vehicle (UAV) applications as well as systems designed for use in interplanetary exploration of Mars and Venus. �I am honored to have been appointed to the BRS Board and look forward to working at this new level to help both BRS and the industry,� said Caralt. Based in South St. Paul, Minnesota, BRS has delivered more than 27,000 parachute systems to aircraft owners around the world including over 3,500 systems on certified aircraft. To date, BRS parachute recovery systems have been credited with saving the lives of 203 pilots and passengers. For more information, visit the company�s website, www.BRSParachutes.com, or contact Mr. John Gilmore, johngilmore@BRSParachutes.com or 651-294-3264. 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 forward looking statements include, without limitation, statements relating to the benefits to be derived by BRS from its partnership with CIMSA. 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 as to these risks and uncertainties, please review the Company's public filings made 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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