Press Releases: 2007-09
AeroMechanical Services Ltd. Announces Exclusive Distribution Contract for China with Flight Explorer
May 30, 2008
/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, May 30 /CNW/ - AeroMechanical Services Ltd. ("AMA") is pleased
to announce it has signed an agreement with Flight Dimensions International,
Inc., otherwise known as Flight Explorer, to be the exclusive distributor of
their Aircraft Situation Display products and services in China. Flight
Explorer is a global aircraft tracking, information technology and
communications solutions provider to the aerospace industry. Flight Explorer
provides the products and services to over 800 corporate clients and over
7,000 end-user subscriber licenses including the majority of major airlines,
regional airlines, cargo operators and business jet operators globally.
The agreement includes the integration of the data from AMA's afirs(TM)
UpTime(TM) solution with Flight Explorer's products. AMA will receive
commissions from the sale of Flight Explorer's products to the Chinese market.
AMA has concluded the first sale to a Chinese carrier and will receive
commission revenues in Q2. AMA anticipates the AMA revenue could initially be
$100,000 annually with the possibility of increasing to $300,000 annually by
2012.
About Flight Explorer
Flight Explorer (FE) is a global flight tracking, information technology
and communications solutions provider to the commercial and business aviation
community with over 800 corporate clients, including more than 85 percent of
North American major and regional airlines. Additionally, consumers can
enhance their travel experience with Flight Explorer's free online flight
tracking and airport information tools. For more information please visit
www.flightexplorer.com.
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.
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: on AMA 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
