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AeroMechanical Services Ltd. Announces Teaming and Reseller Agreement with L-3 Communications-World’s Largest Producer of Aircraft Flight Data Recorders (“Black Boxes”)

Dépèche transmise le 6 novembre 2009 par Business Wire

CALGARY--(BUSINESS WIRE)--AeroMechanical Services Ltd. (“AMA”) announced today it has signed an agreement with the Aviation Recorders division of L-3 Communications to sell AMA’s real-time data communications and Internet data delivery solutions for aircraft. Together with L-3’s Flight Recorder and Electronic Flight Bag products, these AMA product and service solutions offer customers the ability to receive, record, store, monitor, transmit and analyze critical aircraft flight data, in real time when necessary, to improve both cost-effective aircraft performance and operational safety. These AMA solutions are marketed under the brand FLYHT, in conjunction with L-3’s industry leading line of Flight Data Recorders (FDRs), commonly referred to as aircraft “black boxes”.

The agreement provides for a reselling and teaming arrangement under which L-3 will offer aircraft manufacturers and civil aviation end users a bundled total system solution to provide for the economical accessing of analytical data that a FDR records via real-time data streaming, from anywhere and at any time around the world. Additionally, AMA will be the exclusive provider to L-3 of Iridium-based real time data communications and Internet data delivery solutions, including AMA’s revolutionary FLYHTstream^TM data streaming solution, and its fuel and emissions management solutions. The team will offer customers multiple commercial options to facilitate purchasing decisions. The agreement also provides for L-3 to offer AMA products and services to operators of maritime vessels in conjunction with L-3’s Marine Voyage Recorder products.

Together with an on-board L-3 FDR, AMA has demonstrated real-time FDR data and aircraft position streaming on in-service aircraft using its patented Automated Flight Information Reporting System (afirs^TM). Using ground-based data analysis tools, operators can review captured data to plan maintenance and verify that each aircraft is conserving fuel and flying safely. In an emergency, ground personnel can review data for aircraft and subsystem functionality, and provide guidance and recommendations to the flight crew.

About L-3 Communications

Headquartered in New York City, L-3 Communications employs over 66,000 people worldwide and is a leading provider of high technology products, subsystems and systems. The company reported 2008 sales of $14.9 billion. Its Aviation Recorders division based in Sarasota, Florida, is the world’s leading provider of FDR devices, with over 50,000 delivered to date to over 3000 customers.

To learn more about L-3, please visit the company's Web site at www.L-3com.com. L-3 uses its Web site as a channel of distribution of material company information. Financial and other material information regarding L-3 is routinely posted on the company’s Web site and is readily accessible.

About AeroMechanical Services Ltd.

AeroMechanical Services Ltd. provides proprietary technological solutions and services designed to reduce costs and improve efficiencies in the aviation industry. The company has successfully commercialized four products and associated services currently marketed to scheduled and unscheduled aircraft operators, manufacturers and maintenance organizations around the world. Its premier technologies, afirs™, UpTime™, FLYHTstream™, and FIRST^TM allow airlines to monitor and manage aircraft operations anywhere, anytime, in real-time.

afirs, UpTime, FLYHT, FIRST, FLYHTstream, and aeroQ are Trademarks of AeroMechanical Services Ltd.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.