AeroMechanical Services Ltd. Announces Change in President and Issuance of Stock Options



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

    CALGARY, Aug. 5 /CNW/ - AeroMechanical Services Ltd. ("AMA") announces
that Mr. Richard Hayden, currently, Director, Business Aviation at AMA, will
replace Mr. Darryl Jacobs as President of AMA. Mr. Jacobs, has been offered a
senior position focusing his efforts on the product and research for products
applicable to AMA's business. Mr. Jacobs will remain on the advisory board as
well as remain a director of AMA. Mr. Hayden will be joining the board as a
director, subject to the Exchange's approval.
    Mr. Hayden, a mechanical engineer by training (BS, Norwich University;
MS, Purdue University), has led the development and successful transition into
production of new monitoring and diagnostic technologies and products for
aviation for 25 years. The common theme has been automated acquisition,
processing, and fusion of sensor data to support improved operations,
compliance, and maintenance enhancements. As founder and CEO of Technology
Integration Inc., he provided vision and collaborated with end users, OEMs,
and industry partners to optimize product capabilities and suitability, as
well as building staff and partners that created two innovative products that
are now industry standards: IMD-HUMS (Integrated Mechanical Diagnostics-Health
and Usage Management System) for helicopters, acquired and produced by
Goodrich Corporation (GR:NYSE) and now standard fit on several Sikorsky
Aircraft (UTX:NYSE) products and several US military platforms; and ANOMS(TM)
(Airport Noise and Operations Monitoring System), now a Lochard
(www.lochard.com) product installed at major airports globally. Mr. Hayden was
with Meggitt (MGGT:L) from 2002 until June 30 of this year and has served as
the primary interface between AMS and Meggitt for the past 2-1/2 years. In his
new role, he will continue to provide connectivity and coordination between
the two organizations to help deliver highly effective monitoring and data
delivery solutions to the aviation industry. Mr. Hayden brings a wealth of
industry contacts and opportunities within many sectors of the aviation
industry.
    Mr. Hayden said, "I am excited about this new role in AMA and have been a
strong proponent of the technologies, people, and customers that AMA has
assembled during Darryl's tenure. I am looking forward to working with Darryl
and the whole AMA team to drive a world class organization."
    Bill Tempany, AMA's CEO said "The board and I really feel that the team
will benefit from the experience that Dick brings to our company and we
believe that AMA will receive a huge benefit by having Darryl focused on our
products and our future. We are fortunate to be able to attract an executive
of Dick's caliber and experience in introducing new technology into aviation
and look forward to the help and direction he can give our organization."
    AMA also wishes to also announce that it has granted incentive stock
options for a total of 250,000 common shares of the Corporation at a price of
$0.47 per share for a period of three years, under the formal stock option
plan approved at the Annual General Meeting held in May, 2008, subject to
regulatory approval. 200,000 options are being issued to Mr. Hayden and the
balance (50,000) to an employee of AMA. A maximum of 10% of the issued shares
are reserved for issuance for the Corporation's Stock Option Policy. The
options are subject to a four month hold period expiring December 2, 2008.

    About AeroMechanical Services Ltd. www.amscanada.com

    AeroMechanical Services Ltd. provides under the brand name, FLYHT(TM),
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(TM) UpTime(TM), allows airlines to
monitor and manage aircraft operations anywhere, anytime, in real-time.

    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.

    %SEDAR: 00016486E




For further information:

For further information: on AMA 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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