BRS
Honored
BALLISTIC RECOVERY SYSTEMS (BRS)
TO BE HONORED AS ONE OF THE BEST OF THE BEST IN AEROSPACE & TECHNOLOGY
BRS is the recipient of
Aviation Week’s new Laureate Award as the top Business and General
Aviation Company in 2004
March 9
- It’s another milestone for Ballistic Recovery Systems, Inc. (BRSI
or
www.BRSI.OB-BRSparachutes.com) when the whole - airplane parachute
company announced it has been named a recipient of a prestigious
Laureate Award by Aviation Week & Space Technology magazine . Each
spring since 1956, Aviation Week publishers have honored the best of the
best in aerospace, recognizing the top individuals and teams who have
made lasting contributions to the advancement of aerospace. BRS, a
Minnesota based aviation safety company, is celebrating its 25th
year and its on- board emergency parachute system has been credited with
177 lives saved. Bob Nelson, Chairman of the Board and BRS Chief
Executive Officer, said he is humbled by the honor. “BRS helps saves
lives, there is no greater achievement than that, but the Laureate award
recognizes the dedication and commitment to aviation safety everyone
affiliated with BRS has made over the past quarter century. This is
truly about our employees who know the importance of their job –saving
lives.”
BRS will
be in the first- ever recipient of a new distinguished award category;
the Business and General Aviation class. Aviation Week publishers
praised BRS for its innovation and advances in aviation safety saying;
Ballistic Recovery Systems will be recognized for its ongoing research,
and development programs to equip ultra lights and light airplanes with
emergency parachute systems for the specific purpose of saving life and
offering pilots a last-resort option in life-threatening situations.
The
innovation to design a parachute to be fitted to an aircraft is an idea
that was talked about for nearly a century. But it wasn’t until 1975
when Boris Popov of St. Paul, Minnesota survived a 400- foot fall in a
collapsed hang glider that the concept of an emergency on-board
parachute system became a reality, “As I fell, I became most angry at my
inability to do something. I had time to throw a parachute. I knew they
existed.”. Shortly after surviving that fall he founded the company and
Popov the inventor, now serves on the BRS board of directors.
In the
company’s 25- year history, BRS has sold nearly 20,000 of its
whole-plane parachute systems. Earlier this month, BRS reported
$1,866,623 in sales in the first quarter fiscal 2005 ended December 31,
2004 ,which represents a 25.3 % increase over the $1,489,965 figure
reported for same period in fiscal 2004. Aviation Week & Space
Technology’s 48th annual Laureate Awards dinner will be held April 5th
the winners, as well as this year's lifetime achievement Award
recipient, will join a truly legendary honor role in aviation and
aerospace accomplishment and distinction.
For more
information on BRS contact: Larry E. Williams; BRS, Inc: Fleming Field,
300 Airport Road; South St. Paul , MN 55075;USA(Larry
Williams@BRSparachute.com)
TEL 651.457.7491; FAX 651.457.8651 or Robb Leer media liaison at
953-842-8133
|
