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Robert Nelson, Chairman and CEO, and Larry Williams, President and COO, of Ballistic Recovery Systems Talk to The Wall Street Transcript
Robert Nelson, Chairman and CEO, and Larry Williams, President and COO, of Ballistic Recovery Systems Talk to The Wall Street Transcript



BW5607 MAR 28,2005 12:06 PACIFIC 15:06 EASTERN



( BW)(NY-BALLISTIC-RECOVERY)(BRSI) Robert Nelson, Chairman and CEO,and Larry Williams, President and COO, of Ballistic Recovery SystemsTalk to The Wall Street Transcript

Business Editors

NEW YORK--(BUSINESS WIRE)--March 28, 2005--The Wall StreetTranscript has published an in-depth interview with Robert Nelson,Chairman and CEO, and Larry Williams, President and COO, of BallisticRecovery Systems (OTCBB:BRSI) in which they talk at length about theCompany.
The entire 2,500 word interview is available free online athttp://www.twst.com/ceos.htm.
Ballistic Recovery Systems core business is the design,manufacturing and marketing of whole-aircraft recovery parachutesystems for use with general aviation and recreational aircraft. Theon-board emergency parachute systems are designed to safely assist anaircraft and its occupants in the event of an in-air emergency. Overthe company´s 25 year history, BRS has sold nearly 20,000 of itswhole-plane parachute systems; and these have been documented to havesaved over 177 lives.
In describing the company´s clients Mr. Nelson states, "The ownersof Cirrus, the airplane company, decided that they wanted to add aparachute on their certified airplane. The Cirrus airplane did comeout about eight years ago with our product as standard, and sincethen, the Cirrus airplane has now become the number one airplane inthat marketplace, producing somewhere around 600 to 650 units soldlast year."
With regard to the Company´s financial position Mr. Nelson states,"As Chairperson, I always think there´s area for improvement, but weprobably today are in the best financial shape we´ve ever been. Larryhas guided us pretty nicely there. There is essentially no debt atall, and we´re doing about 40% GM."
Regarding the Company´s mission Mr. Nelson states, "This is aproduct that is necessary, and it is a product that will save people.One person´s life is worth a lot to us, and that is why we are in thisbusiness -- to save lives."

The Wall Street Transcript does not endorse the views of anyinterviewees nor does it make stock recommendations. For subscriptioninformation call 800-246-7673.

--30--MGO/sf* CONTACT: BRS Larry E. Williams, 651-457-7491 www.BRSparachutes.com or Leer Communication & Consultants Robb Leer, 952-842-8133 (Media Liaison) [e-mail] KEYWORD: NEW YORK INDUSTRY KEYWORD: BANKING AIRLINES TRANSPORTATION MANUFACTURING SOURCE: Ballistic Recovery SystemsCopyright Business Wire 2005

(c) 2005 Business Wire. All reproduction, other than for an individual user`s reference, is prohibited without prior written permission.



Autor: © Business Wire , 21:06 28.03.05

[MrRipley]

[MrRipley]

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