AeroMechanical Services Ltd. Announces Issuance Of Stock Options

Calgary, Alberta CANADA, June 22, 2007 /FSC/ - AeroMechanical Services Ltd. (AMA - TSX Venture), announced today that the Corporation, under the formal stock option plan approved at the Annual General Meeting held on May 17, 2007, has granted incentive stock options for a total of 850,000 common shares of the Corporation to employees, directors, and officers of the Corporation as recognition for the extraordinary efforts that they have made to move the Company forward in the past year, subject to regulatory approval. Terms of the options include an exercise price of $0.70 per share, vest immediately and expire equally each year on December 31, 2008, 2009, and 2010. A maximum of 10% of the issued shares are reserved for the issuance of the Corporation's Stock Option Policy.

About AeroMechanical Services Ltd. http://www.amscanada.com/

AeroMechanical Services Ltd. (AMA:TSX.V) provides proprietary technologies and services designed to reduce costs and improve efficiencies in the airline industry. The company has successfully commercialized three products and associated services currently marketed to airlines, manufacturers and maintenance organizations around the world. Its premier technology Automated Flight Information Reporting System AFIRS™ and UpTime™ allows airlines to monitor and manage aircraft operations in real time, all the time, anywhere on the planet.

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AFIRS, UpTime, AeroQ and Smart Box are Trade Marks of AeroMechanical Services Ltd.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.

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