Aeromechanical Services Ltd. announces issuance of stock options

12:15 EDT Tuesday, May 27, 2008

TSX-V Trading Symbol "AMA"

A Tier 2 Industrial Issuer

CALGARY , May 27 /CNW/ - AeroMechanical Services Ltd. ("AMA") announced today that AMA, under the formal stock option plan approved at the Annual General and Special Meeting held on May 22, 2008 , has granted incentive stock options for a total of 830,000 common shares to employees, directors, and officers of AMA, subject to regulatory approval. Terms include an exercise price of $0.83 per share, vesting of all of the options occurring immediately and 1/3 of the total options granted expiring equally at the end of each year on December 31 of 2009, 2010 and 2011. A maximum of 10% of the issued shares are reserved for the issuance of AMA's Stock Option Policy. The options are subject to a four month hold period expiring September 28, 2008 .

About AeroMechanical Services Ltd.

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(TM) UpTime(TM), 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.