Will Provide 'Chutes For Indus LSAs And Indian Aircraft; European Repack Facility

Ballistic Recovery Systems, Inc. announced this week they have entered into a non-exclusive Distribution and Development Agreement with Indus Aviation, Inc. of Dallas, TX to install parachute recovery systems on their US delivered Light Sport Aircraft models -- the T-211 Thorpedo (below) and T-11 Sky Skooter. BRS also signed a dealer agreement to supply BRS parachute recovery systems for other personal and training aircraft in India, the world's second-most populous nation.

"India has a personal aviation growth market and we're taking a leadership position having put together a group of products and technologies that will have strong demand," said Indus Aviation President Dr. Ram Pattisapu, MD. "It's clear that BRS parachutes are key to promoting aviation safety, and their installation on our aircraft will in turn allow us to increase sales. We are proud and excited to be the first company that will introduce the BRS airframe parachute technology in the newly emerging India market."

A second agreement, made with a Germany-based recovery parachute repack operation, has resulted in a four-year contract to provide support and service for all BRS recovery parachutes imported into Germany.

The Speyer parachute repack facility will now import BRS recovery parachutes and rockets into Germany, as well as provide service and support for systems in Europe. BRS believes that this agreement holds enormous economic potential, as Germany requires whole airframe recovery parachutes on all micro light aircraft.

"With the signing of these new agreements, we believe that BRS is in a strong position to leverage the opportunities increasingly available in the growing global market," said BRS Vice President of Sales John Gilmore. "We are confident and pleased to be well poised to take advantage of our strategic alliances and the governmental regulations that strengthen our leadership in the industry, and also encourage the necessity of parachute recovery technology."

More than 5,000 BRS equipped aircraft are flying in the European continent, all of which require scheduled repacking and inspection as part of maintaining their airworthiness certification.

In its 25-year history, BRS has sold over 20,000 onboard emergency parachute systems to aircraft owners around the world, including over 2,350 systems on certified aircraft like the Cirrus Design SR series.

BRS units to date have been documented in saving 187 lives, with 14 of those in certified aircraft.

FMI: www.brsparachutes.com, www.indusav.com