CALGARY, Dec. 21 - AeroMechanical Services Ltd. is pleased to announce it has signed a contract to provide its patented solution to a growing North American regional airline for their fleet of 3 Boeing 737's, with further potential to include additional jet and/or turboprop aircraft as they are added to the fleet.
A management representative from the airline stated, "We selected AeroMechanical for its outstanding commitment to customer support throughout the evaluation stage. We look forward to their product having a major impact in improving our flight watch and data capabilities thereby improving our efficiency and safety."
"This increasing interest in AMS' solutions by a growing list of international carriers is setting AMA up for an interesting 2008," said CEO Bill Tempany.
"Customers are finding a very compelling return on investment immediately when afirs(TM) UpTime(TM) is installed. Our products are connecting our clients around the globe, from the North Pole to the South Pole and from Hawaii to Africa and Asia Pacific and all points between," Mr. Tempany added.
The management, employees and board of directors of AMA wish to take this opportunity to thank the investment community for its support in 2007, our customers for helping us become the leading provider of integrated aviation solutions on the planet and wish everyone a very Merry Christmas and a Happy New Year.
This brings the contracted aircraft in 2007 to 507 at 17 airlines. These 3 additions increase the total aircraft under contract to 684 from 26 different carriers. There are currently more than 90 aircraft that are equipped for the afirs(TM) UpTime(TM) solution.
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. Due to the competitive nature of the marketplace AMS is maintaining its position to withhold the airline's name and specific location. For further clarification of potential contract values please refer to AMA quarterly reports.
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.
Contacts
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