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



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

    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 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. AMA's solutions and services are
sold primarily under the FLYHT(TM) brand name.

    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: 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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