Agoracom

Calgary, Alberta CANADA, October 09, 2007 - AeroMechanical Services Ltd. (TSX - VX: AMA), 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.

For more 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

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

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.