AeroMechanical Services Ltd. announces addition of advisor to the business



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

    
    AeroMechanical Services Ltd.          CDNX Trading Symbol "AMA"
    A Tier 2 Industrial Issuer
    

    CALGARY, Oct. 9 /CNW/ - AeroMechanical Services Ltd. ("AMS or the
Company") is pleased to announce that Mr. Jack Olcott of General Aero Company
has agreed to provide advisory services to AMS. Jack is possibly the world's
most recognized advocate, if not expert, on the value of business aviation,
leveraging his and the community's capabilities to address issues facing
corporate flight departments and companies interested in the use of general
aviation aircraft for business transportation.
    Educated as an Aeronautical Engineer and businessman with BSE and MSE
degrees from Princeton University as well as an MBA in general management from
Rutgers University and a certificate in leadership training from Harvard
University's School of Government, Jack began his career in Business Aviation
with an aviation management company located in the New York City area, earning
the position of vice president. His experience includes creating a flight
research laboratory at the Indian Institute of Technology/Kanpur, where he
also conducted prototype and certification flight tests of aircraft designed
by the Indian Department of Civil Aviation Technical Center. As Vice
President-Corporate Development and Principal Investigator for a high-tech
consulting firm located in Princeton, NJ, he obtained and managed flight
mechanics contracts issued by NASA and private industry.
    While remaining active as an advisor to NASA and as a flight instructor,
Jack began a career in aviation journalism in the early 1970s, achieving the
position of Editor and Publisher of Business & Commercial Aviation magazine
and Vice President within McGraw-Hill's Aviation Week Group before being
recruited as President of the National Business Aviation Association (NBAA) in
1992.
    During his tenure at NBAA, the Association doubled its Membership,
tripled its annual revenue and quadrupled its uncommitted funds balance.
    AMS CEO Bill Tempany stated "we are excited and pleased to have someone
of Jack's stature interested enough in our leading edge technologies to join
our group as we use our products to make aircraft use safer and more
affordable. We are sure that Jack's background and knowledge will be
invaluable as we continue to expand our suite of capabilities."

    About AeroMechanical Services Ltd.

    AeroMechanical Services Ltd. 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 afirs(TM) 
UpTime(TM) allows airlines to monitor and manage aircraft operations anywhere,
anytime, in real-time.

    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.





For further information:

For further information: on AMS contact: 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

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AEROMECHANICAL SERVICES LTD.

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