BRS, Inc.

February 18, 2009 16:00 ET

BRS Wins B-52 Stratofortress Parachute Contract

SOUTH ST. PAUL, MN--(Marketwire - February 18, 2009) - Ballistic Recovery Systems, Inc. announced today that it has won a $1.1M military contract to provide deceleration parachutes to the US Air Force's fleet of B-52 strategic bombers over the next 16 months. Competing with a number of military contractors for this program, BRS was able to provide a cost competitive and high quality product proposal which was selected by the government. "I am especially proud of the detailed work our entire team of employees put forth to win this contract," said BRS CEO & President, Larry Williams. "From our marketing and sales group who wrote the proposal to our quality assurance and production staff who hosted a government audit team who said our presentation was the best they had seen, everyone contributed to this win," he added.

BRS's manufacturing facility in Pinebluff, North Carolina, also known as BRS Defense, will be the primary production location for this contract. BRS will be hiring a number of new line employees in order to meet the deadlines of this program. "Hiring more employees in Pinebluff will not be a problem as there are a substantial number of experienced former textile workers located in the area," said BRS Defense General Manager, Norman Girdwood. "These types of military contracts certainly are a great opportunity for BRS as well as the surrounding Pinebluff community since they create new and, hopefully, long term jobs," Mr. Girdwood added.

This win comes on the heels of another recently awarded contract win for BRS to manufacture 151 deceleration parachutes (16-foot ringslot) for another U.S. Department of Defense agency.

BRS continues to expand and diversify its product and customer mix to take advantage of evolving opportunities in the marketplace, especially in these complex economic times. Pursuing and winning military contracts are just one facet of this diversification strategy.

About Ballistic Recovery Systems and Advanced Tactical Fabrication

Based in South Saint Paul, Minnesota, BRS designs, manufactures, and distributes whole-aircraft emergency parachute systems for general aviation and recreational aircraft. ATF (or Advanced Tactical Fabrication), a wholly-owned subsidiary of BRS, designs and manufactures reflective and load-bearing safety vests, and is a leader in the safety apparel and "cut & sew" industry. Since 1981, BRS has delivered more than 29,000 parachute systems to aircraft owners worldwide, including over 3,500 systems on FAA-certificated aircraft such as the Cirrus Design SR20 and SR22 manufactured in Duluth, Minnesota. To date, BRS parachute recovery systems have been credited with saving the lives of 225 pilots and passengers.

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 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. 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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