The Howard Group

News Release June 19, 2008
AeroMechanical Services Ltd. (TSX-V -AMA)

AeroMechanical Services Ltd. selected as one of the 2008 TSX Venture 50

08:45 EDT Thursday, June 19, 2008

AeroMechanical Services Ltd.

TSX-V Trading Symbol "AMA"

A Tier 2 Industrial Issuer

CALGARY , June 19 /CNW/ - AeroMechanical Services Ltd. ("AMA") is pleased to announce it has been selected among the top 10 venture companies in the technology industry sector for the "2008 TSX Venture 50". The accolade will be announced today at an Awards Ceremony held in Toronto , Canada and was published in The Globe and Mail today, Thursday, June 19th , across Canada .

The TSX Venture 50 are the top 10 companies in each of five major industry sectors - mining, oil & gas, technology & life sciences, diversified industries and cleantech - based on a ranking formula with equal weighting given to one-year revenue (last reported 12 months), return on investment, market cap growth and trading volume. All data was as of December 31, 2007 .

"2007 was an exciting year for AMA and this honor is an added bonus." Bill Tempany, CEO and Chairman of AMA, further stated "AMA's management and staff worked hard in 2007 to try to secure shareholder value with the addition of products, customer, and senior staff. We hope to win this award again in 2008 through transparency to the market and delivery to our clients"

The "TSX Venture 50" was initiated to provide awareness to the Canadian investment community on the quality companies that are listed on the Exchange and that are using public venture capital to grow their companies.

 

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:

AeroMechanical Services
The Howard Group Inc.

Tom French, CFO
AeroMechanical Services Ltd
(403) 291-7427
tfrench@amscanada.com

 

Bob Beaty
The Howard Group Inc.
Toll Free: 1-888-221-0915
Info@howardgroupinc.com
www.howardgroupinc.com

 

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.