AeroMechanical Services Ltd. Announces Issuance of Stock Options

AeroMechanical Services Ltd.
TSX-V Trading Symbol "AMA"
A Tier 2 Industrial Issuer

19:12 EST Tuesday, January 12, 2010

CALGARY, Alberta (Business Wire) -- 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 21, 2009, has granted an aggregate of 20,000 incentive stock options to recently hired senior employees to further AMA's capability to meet market demands.

Terms include an exercise price of $0.51 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 2011, 2012 and 2013. 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 May 13, 2010.

AeroMechanical Services Ltd. provides under the brand name, FLYHT, proprietary technological solutions and services designed to reduce costs and improve efficiencies in the airline industry. The company has successfully patented and 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.

afirs, UpTime, FLYHT, FlyhtStream and aeroQ are Trade Marks of AeroMechanical Services Ltd.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

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.

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