AMA 2010 AGM Presentation

The business of flight™

AMA on the TSXAMA on the TSX--VVAMA on TSX-V

AeroMechanical Services Ltd.

AGM Highlights

PROPRIETARY INFORMATION. Strictly Confidential and may not be distributed without written consent from AeroMechanical Services Ltd.

AMA on the TSXAMA on the TSX--VV

FORWARD LOOKING STATEMENTSThis presentation contains certain forward looking statements regarding the Company's strategies, market plans, future operating performance or financial performance, that are based upon the current expectations of the Company's management. As with any projection or forecast, these statements are subject to risks and uncertainties. AeroMechanical Services Ltd. is an early-stage growth company that operates in a highly competitive environment and its business results are dependent on numerous factors and risks, relationships with suppliers, regulatory requirements, technological developments, protection of intellectual property rights, ability to attract and retain key personnel and the economic, political and social conditions in the countries in which it operates. AeroMechanical Services Ltd.’s actual results could differ materially from management's expectations because of changes in these and other such factors.

www.amscanada.com ama : TSX-V

Disclaimer



Summary of cost savings per aircraft-10 years Dash-8 Operator

ROI 19:1 Savings approach $89/flight hour

$348,119, 16.4%

$682,500, 32.2%

$609,375, 28.8%

$6,210, 0.3%

$229,320, 10.8%

$121,875, 5.8%$58,500, 2.8%

$13,650, 0.6%$46,800, 2.2%

OOOI-Maint.Svgs Dispatchability Fuel Savings OOOI-Crew Svgs UER avoidanceManual data Svgs Hot Section Life Auto Trend QAR

Why Customers Need Us

• Operational improvement• Tracking• Communications• Standard Operating Procedure compliance

• Cost savings• Crew and staff utilization• Maintenance planning • Fuel consumption

• Cost of services (voice, data)• Regulatory compliance• Air traffic• Accountability for aircraft whereabouts• Emissions

•Situational awareness and data access


AMA on the TSXAMA on the TSX--VVAccomplishments Last Year

• Survived the crash• Reduced expenses by $2M and increased revenue by $2M• Added customers and added aircraft with existing customers

• Grew the business –• afirs UpTime cash revenue up 87% over 2008

• Signed SNC and L-3 as strategic partners• Investment, manufacturing, military and OEM markets

• Made our mark with data streaming technology demo• Took out a competitor-adding customers and technology• Signed a key deal to get OEM presence• Raised money (again)


AMA on the TSXAMA on the TSX--VVSolid Record of Growth

$0

$1,000,000

$2,000,000

$3,000,000

$4,000,000

$5,000,000

$6,000,000

$7,000,000

$8,000,000

2004 2005 2006 2007 2008 2009

Year

Revenue History - All Products & Services

GAAP Cash


AMA on the TSXAMA on the TSX--VVSales Evolution

• Last 8 years

• Changes this year

• Why we will be successful


AMA on the TSXAMA on the TSX--VVAMA’s Strengths

• People• Measurable savings• Relationships• Products• Business model• We have our beachhead in focus• 12 years of solid growth


AMA on the TSXAMA on the TSX--VVProduct & Company Evolution:

•Streaming Mode:•Meetings at Airbus•BEA working group•Maintenance Data on Demand

•Fuel Program•Fuel Management System (Product for the majors)•User Experience•QAR Data processing•APU initiative using afirs™


AMA on the TSXAMA on the TSX--VVFLYHTStream™

Key personnel notified Operations center notified & coordinated

Staff & Operations Center Notified


AMA on the TSXAMA on the TSX--VVFLYHTStream™ Demo

Customizable using Flightscape™ animation tool



Strategy Review:Dick Hayden


AMA on the TSXAMA on the TSX--VVMarket Drivers

• Compliance (such as Link 2000+)• Efficiencies (operations and savings)• Communications• Dispatch/asset utilization• Cost reductions• Safety– AF447


AMA on the TSXAMA on the TSX--VVMarketplace developments

• Iridium certification for safety services • Iridium positioning as a wholesale provider• Emergence of “appliances” (ACARS over Iridium, etc) at lower cost

• Regulation• Link 2000+ with a compliance timetable• ETS reporting• SMS, IOSA, etc (all data driven)

• Changing landscape of airlines (1400 airlines globally)• Vulnerability to natural disasters• Capacity growth outside N. America• AMS emergence as a serious force through data streaming demo


AMA on the TSXAMA on the TSX--VVNext Gen Product Coming

•Product upgrade to AFIRS 228

• EU and US regulation-driven (Link 2000+ and NextGen)• OEM requirements (Airbus, Boeing, business aircraft)• Expand functionality in response to market requirements• Major customers in all market segments are on board

• Future integration with L-3 black box• SADI reimbursement

of 30% of AMA spending


AMA on the TSXAMA on the TSX--VVMajor Developments & Opportunities

FACTORS•Satisfied customers•Big Brothers for BIG deals•Data streaming demo•Fuel program•Inclusion in key working groups (BEA, OPTIMI, +)•Wingspeed acquisition

= credibility and familiarity in industry

PROGRAMS•AerCap-Airbus P2F•Major lessor interest•Major business operator

• ISE • STCs• OEM involvement

•China-Iridium approval• Military

• C-130 EIS• SNC working issues


AMA on the TSXAMA on the TSX--VVL-3 is a Key Relationship

“ L-3 is extremely pleased to offer to its extensive, worldwide airline and OEM customer base a complete flight data storage, transmission and management system that combines L-3’s leading QAR, FDR and EFB products with the AMA suite of wireless data monitoring, transmission and analysis products and tools. In conjunction with an on-board L-3 FDR, AMA has already demonstrated FDR data and aircraft position streaming on in-service aircraft.”


Bruce Coffey, President

L-3 ARwww.L-3com.com

http://www.l-3com.com/


AMA on the TSXAMA on the TSX--VVCEDAR Consortium for OPTIMI

• 5 Air Navigation Service Providers covering

the North Atlantic, Europe and Africa regions,

• 2 major airlines,

• 1 Aircraft Manufacturer (Airbus)

• 1 Specialist Datalink Avionics Company

• 1 Communications Service Provider

• 1 Specialist Aviation Consultancy

• 2 Ground Systems Manufacturers

Oceanic Position Tracking Improvement Monitoring Initiative



Thank you for your interest

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Investor Relations

AMA 2010 AGM Presentation