AeroMechanical Services Ltd. announces investor relations contract renewal



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

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

    CALGARY, Jan. 31 /CNW/ - AeroMechanical Services Ltd. ("AMA") announced
today that it has renewed its contract with The Howard Group Inc. of Calgary,
Alberta for an additional 12 months. The Howard Group Inc. of Calgary, Alberta
continues to provide investor and financial services to the company.
    In addition to its ongoing investor relations services, The Howard Group
Inc. provides an ongoing commentary on AeroMechanical's activities in its
online newsletter, Insight.
    The previous agreement was set to expire on January 31, 2008 and has been
renewed for a period of 12 months to January 31, 2009. The Howard Group Inc.
will be compensated with a monthly retainer of $6,000.00.
    In conjunction with The Howard Group Inc., AMA continues to employ the
services of Agora International Enterprises Corp. Agora provides some basic
investor relations services to AMA, including hosting a website and
disseminating press releases for AMA. Agora's compensation is $1,750.00 per
month.

    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.

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