Further Clarification of December Press Releases

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

AeroMechanical Services Ltd.

A Tier 2 Industrial Issuer

TSX-V Trading Symbol "AMA"

CALGARY , Feb. 15 /CNW/ - AeroMechanical Services Ltd. ("AMA") has been asked by the TSX Venture Exchange to provide further clarification as it relates to AMA's press releases on December 14, 2007 , December 17, 2007 and December 21, 2007.

On December 14, 2007 AMA entered into a contract with a European airline that provides scheduled and charter service using A320 aircraft. The terms of the contract are as follows: the contract is for a 7 year term whereby AMA will provide AMA's patented afirs(TM) UpTime(TM) solution on 10 aircraft (with the possibility to increase it by another 20 aircraft upon the airline receiving further approval from the customer's board). If AMA is able to install on all 10 aircraft and provide service for the full term of the agreement the gross revenues to AMA under this agreement would be approximately $1.9 million . Initially, it is intended that installation on 2 aircraft would begin on or about April 2008 . AMA has acquired the necessary supplemental type certificate ("STC") approval to provide the services to this customer.

On December 17, 2007 AMA entered into a contract with an eastern hemisphere airline that provides charter services to Europe using A320 aircraft. The terms of the contract are as follows: the contract is for a 5 year term whereby AMA will provide AMA's patented afirs(TM) UpTime(TM) solution on 4 aircraft (with the possibility to increase it as the airlines fleet size increases). If AMA is able to install on all 4 aircraft and provide service for the full term of the agreement the gross revenues to AMA under this agreement would be approximately $800,000 . Initially, it is intended that installation on one aircraft would begin on or about March 2008 . AMA has acquired the necessary STC approval to provide the services to this customer.

On December 21, 2007 AMA entered into a contract with North American airline that provides scheduled service using Boeing 737 aircraft. The terms of the contract are as follows: the contract is for a 5 year term whereby AMA will provide AMA's patented afirs(TM) UpTime(TM) solution on 3 aircraft. If AMA is able to install on all 3 aircraft and provide service for the full term of the agreement the gross revenues to AMA under this agreement would be approximately $400,000 . Initially, it is intended that installation on 1 aircraft would begin on or about February 2008 . AMA has acquired the necessary STC approval to provide the services to this customer.

This disclosure as it relates to these agreements is subject to the following disclaimer:

When a contract is initially signed, the intended number of aircraft, pricing and potential installation schedules is agreed to by the parties. The actual installation schedules as well as the number and types of aircraft are often revised throughout the term of the agreement as the airline realigns its fleet of aircraft with its business requirements. Delays in installations can and do occur which can affect the total value of the contracts such that the revenues noted above may not be fully achieved. Fulfillment of the contract terms may also be affected if there are any changes to government statutes, regulations or rules of the applicable governing bodies. The contract terms and values disclosed herein are based on the original information available to AMA upon execution of the contract and are subject to change. For the actual revenue earned, please see AMA's financial statements including its revenue recognition policy disclosed within the notes to the Audited Annual Financial Statements.

These additions increase the total aircraft under contract with AMA to 685 from 26 carriers. Currently, 95 aircraft of the total 685 aircraft have been fitted with AMA's products and are receiving related services from AMA.

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

AeroMechanical Services Ltd. provides proprietary technological solutions 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 afirs™ UpTime™ allows airlines to monitor and manage aircraft operations anywhere, anytime, in real-time.

For further information contact:

afirs, UpTime, FLYHT and aeroQ 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.

Not for Distribution to United States Newswire Services or for Dissemination in the United States.