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From: Pied Piper	6/21/2011 8:44:07 AM
	of 19686

AeroMechanical Services Signs AFIRS 228 Contract Press Release Source: AeroMechanical Services Ltd. On Tuesday June 21, 2011, 7:06 am CALGARY, Alberta--(BUSINESS WIRE)-- AeroMechanical Services Ltd. (TSX-V:AMA.v - News) (the “Company” or “AMA”) has signed a contract for its next generation product, the Automated Flight Information Reporting System (“AFIRSTM”) 228. The contract is for installation and integration on two Bombardier CRJ-900 Series aircraft, with an option for two more in the future, owned by a North American company that operates in remote regions of the continent. The customer will use AFIRS 228 functionality for flight following and satellite communications to enable operations personnel to pinpoint aircraft location and communicate with pilots anywhere the aircraft flies. The customer also intends to utilize AMA’s real-time engine exceedance reporting and trending that immediately notifies maintenance crews of performance irregularities. The reports from the AFIRS system offer many benefits for maintenance and operations. “We are very pleased to sign up the first Bombardier aircraft to use the 228 technology,” said Bill Tempany, Chairman and CEO of AMA. “The customer is integrating the AFIRS 228 with other systems, including its safety management system, required by regulatory agencies. Clients rely on their aircraft and their aim is to use the AFIRS system to make operations more efficient, reduce costs, avoid diversions and minimize downtime.” The five-year agreement for AFIRS equipment and recurring service is valued at approximately US$334,000, excluding optional services. The certification process is currently underway for the CRJ series and installations are scheduled to begin in the third quarter of 2011. This disclosure as it relates to this agreement is subject to the following disclaimer: When a contract is initially signed, the intended number of aircraft, pricing and potential installation schedules is agreed to by the parties. The actual installation schedules as well as the number and types of aircraft are often revised throughout the term of the agreement as the airline realigns its fleet of aircraft with its business requirements. Delays in installations can and do occur which can affect the total value of the contracts such that the revenues noted above may not be fully achieved. Fulfillment of the contract terms may also be affected if there are any changes to government statutes, regulations or rules of the applicable governing bodies. The contract terms and values disclosed herein are based on the original information available to AMA upon execution of the contract and are subject to change. For the actual revenue earned, please see AMA’s financial statements including its revenue recognition policy disclosed within the notes to the Audited Annual Financial Statements. About AeroMechanical Services AeroMechanical Services Ltd., under the brand name FLYHTTM, provides proprietary technological products and services designed to reduce costs and improve efficiencies in the airline industry. The Company has patented and commercialized three products and associated services currently marketed to airlines, manufacturers and maintenance organizations around the world. Its premier technology, AFIRS™ UpTime™, allows airlines to monitor and manage aircraft operations anywhere, anytime, in real-time. If an aircraft encounters an emergency, AMA’s emergency data streaming mode, FLYHTStream™, automatically streams vital data, normally secured in the black box, to designated sites on the ground in real-time. The company has been publicly traded on the TSX Venture Exchange since 2003 under the trading symbol AMA. AFIRS, UpTime, FLYHT, FLYHTStream and aeroQ are trademarks of AeroMechanical Services Ltd. Join us on social media! www.facebook.com/flyht www.twitter.com/flyhtcorp www.slideshare.net/flyhtcorp www.youtube.com/flyhtcorp www.flyht.com Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release. Contact: AeroMechanical Services Ltd. Thomas R. French, CGA VP Finance and CFO 403-291-7427 tfrench@flyht.com or Barnes Communications Inc. Colin Languedoc Senior Consultant 416-367-5000 ext. 225 clanguedoc@barnesir.com finance.yahoo.com Piper

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From: Pied Piper	6/27/2011 8:17:24 AM
	of 19686

AeroMechanical Services Granted Expanded Certification Approval Capability CALGARY, Alberta--(BUSINESS WIRE)--AeroMechanical Services Ltd. (TSX-V: AMA) (the “Company” or “AMA”) todayannounced Transport Canada Civil Aviation (“TCCA”) has expanded the delegatedauthority that allows AMA to approve the structural design aspects of anairworthiness certification for aircraft. The expanded capability was accorded to Jon Busaan, AMA’s Manager ofCertification Engineering, whose qualifications meet TCCA requirements fordelegation in the area of aircraft structures. Mr. Busaan has worked with AMAsince 2005 and is a Professional Engineer with 14 years of aeronauticalengineering experience. He is the third individual at AMA to receive TCCAdelegation. Two other AMA staff members possess systems and equipmentdelegation, which enables them to approve changes to aircraft electricalsystems. In order for AMA to install its Automated Flight Information Reporting System(“AFIRSTM”) onboard aircraft, a Supplemental Type Certificate (“STC”)is required. A STC constitutes approval to modify an aircraft design whileretaining airworthiness certification and is necessary to permit retrofitinstallation of aeronautical products such as AFIRS. An organization must beappropriately delegated or be a certification authority (TCCA, FAA, EASA, etc.)in order to approve a change to an STC “From a customer delivery standpoint, having these delegations in-house meansless time is required to obtain an STC to install an AFIRS system onboard anaircraft,” said Jeff Brunner, Vice President of Operations. “If we encounter anyissues during installation we can approve the necessary changes and continuewithout the involvement of an external party.” AMA’s expertise in airworthiness certification enabled it to join a selectgroup of Canadian companies in October 2008 who are approved by TCCA as a DesignApproval Organization (“DAO”). Very few organizations achieve DAO status becauseof the time and expertise required to meet TCCA standards. AMA’s DAO status,along with the delegations it has received allows the Company to obtain andrevise its own STCs with minimal Transport Canada oversight. About AeroMechanical Services AeroMechanical Services Ltd., under the brand name FLYHTTM,provides proprietary technological products and services designed to reducecosts and improve efficiencies in the airline industry. The Company has patentedand commercialized three products and associated services currently marketed toairlines, manufacturers and maintenance organizations around the world. Itspremier technology, AFIRS™ UpTime™, allows airlines to monitor and manageaircraft operations anywhere, anytime, in real-time. If an aircraft encountersan emergency, AMA’s emergency data streaming mode, FLYHTStream™, automaticallystreams vital data, normally secured in the black box, to designated sites onthe ground in real-time. The company has been publicly traded on the TSX VentureExchange since 2003 under the trading symbol AMA. AFIRS, UpTime, FLYHT, FLYHTStream and aeroQ are trademarks of AeroMechanicalServices Ltd. Join us on social media! www.facebook.com/flyht www.twitter.com/flyhtcorp www.slideshare.net/flyhtcorp www.youtube.com/flyhtcorp www.flyht.com Neither the TSX Venture Exchange nor its Regulation Service Provider (as thatterm is defined in the policies of the TSX Venture Exchange) acceptsresponsibility for the adequacy or accuracy of this press release. Piper

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From: Pied Piper	7/11/2011 9:17:16 AM
	of 19686

AeroMechanical Services Signs European AFIRS 228 ACARS over Iridium Contract AFIRS 228 Units to be installed on Boeing 737- 800 Aircraft Press Release Source: AeroMechanical Services Ltd. On Monday July 11, 2011, 7:06 am EDT CALGARY, Alberta--(BUSINESS WIRE)-- AeroMechanical Services Ltd. (TSX-V:AMA.v - News) (the "Company" or "AMA") has signed a contract with a French charter airline to install AMA’s next generation product, the Automated Flight Information Reporting System ("AFIRSTM") 228, including its first Aircraft Communications Addressing and Reporting System (“ACARS”) over Iridium implementation on the Boeing 737 aircraft. The contract requires AMA to install AFIRS 228 on three Boeing 737-800 aircraft and to provide AFIRS Global Voice and ACARS over Iridium services. The established carrier uses the three contracted aircraft on many long-haul international routes to leisure destinations. The operator is interested in the Company's ACARS over Iridium solution, whereby the AFIRS 228 transfers data from the ACARS communications system via the Iridium Satellite network. The system has no gaps in coverage and it assures that all messages are delivered to the airline in real-time to maximize safety, and improve operations and maintenance. Additional services will be defined in the future, with associated recurring revenue. "We are pleased to have a launch Boeing 737 customer for the AFIRS 228 system and our ACARS over Iridium solution," said Bill Tempany, Chairman and CEO of AMA. "We are in discussions with the client to provide additional services offered by the AFIRS equipment, which would see our revenue grow from this initial installation of AFIRS 228 hardware." The agreement for AFIRS 228 equipment and telephone service is valued at approximately US$134,000, excluding optional services. The 228 Supplemental Type Certificates are in the final stages of completion and aircraft installations are scheduled to begin in the third quarter of 2011. The Boeing 737 family is the most prolific and popular airliner in the world today, with over 6,000 in airline and special mission service and 2000 on order. This disclosure as it relates to this agreement is subject to the following disclaimer: When a contract is initially signed, the intended number of aircraft, pricing and potential installation schedules is agreed to by the parties. The actual installation schedules as well as the number and types of aircraft are often revised throughout the term of the agreement as the airline realigns its fleet of aircraft with its business requirements. Delays in installations can and do occur which can affect the total value of the contracts such that the revenues noted above may not be fully achieved. Fulfilment of the contract terms may also be affected if there are any changes to government statutes, regulations or rules of the applicable governing bodies. The contract terms and values disclosed herein are based on the original information available to AMA upon execution of the contract and are subject to change. For the actual revenue earned, please see AMA’s financial statements including its revenue recognition policy disclosed within the notes to the Audited Annual Financial Statements. About AeroMechanical Services AeroMechanical Services Ltd., under the brand name FLYHTTM, provides proprietary technological products and services designed to reduce costs and improve efficiencies in the airline industry. The Company has patented and commercialized three products and associated services currently marketed to airlines, manufacturers and maintenance organizations around the world. Its premier technology, AFIRS™ UpTime™, allows airlines to monitor and manage aircraft operations anywhere, anytime, in real-time. If an aircraft encounters an emergency, AMA’s emergency data streaming mode, FLYHTStream™, automatically streams vital data, normally secured in the black box, to designated sites on the ground in real-time. The company has been publicly traded on the TSX Venture Exchange since 2003 under the trading symbol AMA. AFIRS, UpTime, FLYHT, FLYHTStream and aeroQ are trademarks of AeroMechanical Services Ltd. Join us on social media! www.facebook.com/flyht www.twitter.com/flyhtcorp www.slideshare.net/flyhtcorp www.youtube.com/flyhtcorp www.flyht.com Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release. Contact: AeroMechanical Services Ltd. Thomas R. French, CGA VP Finance and CFO 403-291-7427 tfrench@flyht.com or Barnes Communications Inc. Colin Languedoc Senior Consultant 416-367-5000 ext. 225 clanguedoc@barnesir.com finance.yahoo.com Piper

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From: Pied Piper	7/11/2011 9:19:10 AM
	of 19686

Iridium News comes at same time as AMA's. Nice Timing! U.S. FAA Authorizes Airlines' Use of Iridium for Oceanic Air Traffic Control Communications Major Milestone Toward Giving Airlines Cost-Effective Solutions for Oceanic Controller/Pilot Data Link Communications (CPDLC) Press ReleaseSource: Iridium Communications Inc.On Monday July 11, 2011, 7:30 am EDT MCLEAN, Va., July 11, 2011 (GLOBE NEWSWIRE) -- Iridium Communications Inc. (Nasdaq:IRDM - News)announces that the U.S. Federal Aviation Administration (FAA) willauthorize aircraft operating in oceanic airspace to use its satellitedata service for critical air traffic control communications. This markscompletion of the FAA process evaluating aircraft flying in airspaceunder its jurisdiction to use Future Air Navigation System (FANS) 1/Aover Iridium (FOI) to meet communications requirements for air trafficcontrol. The decision is an important milestone in providing corporateand commercial aircraft a cost-effective alternative for implementingFANS 1/A communications. Iridium's fully global coverage provides theaviation industry with an attractive alternative for long-range voiceand data communication systems. "Iridium is a natural choice for aviation safety communications becauseof our high reliability; global coverage; small, lightweight hardwareand the significant cost savings to aircraft operators," said MattDesch, CEO, Iridium. "After five years of study, validation andextensive in-flight testing, we are thankful to all stakeholders thatparticipated in this achievement -- including the FAA'sPerformance-based Operations Aviation Rulemaking CommitteeCommunications Working Group (PARC CWG), our extensive ecosystem ofaviation partners, participating airlines, the International CivilAviation Organization (ICAO) and the Radio Technical Commission forAeronautics (RTCA). We believe the FAA's decision validates our positionas the optimal satellite service for aircraft operationalcommunications, and opens up significant new opportunities for Iridiumin the aviation market. FOI, when implemented, has the potential toenable aircraft operators to reduce their capital investment by half." In a letter to the FAA, Dave Nakamura, PARC chairman, wrote, "Theglobal air transportation system will benefit from FANS 1/A over Iridium(FOI) as it provides a practical alternative for Air Navigation ServiceProviders (ANSPs) to expand data link service and for commercial andbusiness aviation markets to equip their fleets more quickly. FOIhardware is a significantly lower cost solution than other AeronauticalMobile Satellite (Route) Service (AMS(R)S) alternatives. Iridium-basedequipment is easier to retrofit, draws less power, is lighter in weight,and provides global coverage, including the Polar Regions." In a response to Nakamura, Margaret Gilligan, FAA associateadministrator for aviation safety, wrote, "The FAA accepts FOI as aviable means for air traffic service communications, particularly inaccordance with performance specifications for reduced oceanicseparations based on automatic dependent surveillance-contract (ADS-C)."Gilligan added, "The Air Traffic Organization (ATO) will takeappropriate action to remove restrictions on FOI operations in itsoceanic airspace. The FAA will also advocate removal of any restrictionsimposed by other air navigation service providers. FAA aircraftcertification and flight standards offices will continue to certifyaircraft with FOI installations..." Noting other important elements of the FAA decision, Damien McCormack,portfolio director, SITA commented, "This use of FOI operations wouldenable air traffic controllers to reduce separation zones and enhanceoperational efficiency without compromising safety, and has thepotential to result in reduced emissions and fuel usage through moreefficient routing of aircraft. In addition, airlines would benefit fromglobal and cost-effective communications coverage that enables them toleverage preferred routes." The FAA accepted the recommendations of the PARC following satisfactorycompletion of a year-long operational evaluation of FOI technology.Other ANSPs are expected to follow the FAA's lead and accept Iridium as aviable option to meet communication needs in their own airspace in thenear future. This FAA recognition marks one more milestone as Iridiumwins broad acceptance in commercial aviation as a key component of anycockpit communications solution. Iridium's aviation industry partners,and their myriad products and services, play a key role in increasingIridium's aviation customer base, which is now already more than 25,000subscribers. About Iridium Communications Inc. Iridium is the only mobile voice and data satellite communicationsnetwork that spans the entire globe. Iridium enables connections betweenpeople, organizations and assets to and from anywhere, in real time.Together with its ever-expanding ecosystem of partner companies, Iridiumdelivers an innovative and rich portfolio of reliable solutions formarkets that require truly global communications. The company has amajor development program underway for its next-generation network --Iridium NEXT. Iridium Communications Inc. is headquartered in McLean,Va., U.S.A., and trades on the NASDAQ Global Select Market under theticker symbols IRDM (common stock), IRDMW ($7.00 warrants), IRDMZ($11.50 warrants) and IRDMU (units). For more information about Iridiumproducts, services and partner solutions, visit www.iridium.com. Forward-Looking Statements Statements in this press release that are not purely historicalfacts may constitute forward-looking statements as defined in thePrivate Securities Litigation Reform Act of 1995. Forward-lookingstatements include statements regarding the development of the marketsfor Iridium's aviation products, increases to Iridium's aviationcustomer base, and the benefits of Iridium's aviation products andanticipated approvals by air navigation service providers. Otherforward-looking statements can be identified by the words "anticipates,""may," "can," "believes," "expects," "projects," "intends," "likely,""will," "to be" and other expressions that are predictions or indicatefuture events, trends or prospects. These forward-looking statementsinvolve known and unknown risks, uncertainties and other factors thatmay cause the actual results, performance or achievements of Iridium todiffer materially from any future results, performance or achievementsexpressed or implied by such forward-looking statements. These risks anduncertainties include, but are not limited to, uncertainties regardingIridium's ability to develop new products, obtain necessarily regulatoryapprovals to offer new products, address new markets and maintain thehealth, capacity and content of its satellite constellation, and thedevelopment of and transition to Iridium NEXT, as well as generalindustry and economic conditions, and competitive, legal, governmentaland technological factors. Other factors that could cause actual resultsto differ materially from those indicated by the forward-lookingstatements include those factors listed under the caption "Risk Factors"in the company's Form 10-K for the year ended December 31, 2010, filedwith the Securities and Exchange Commission ("SEC") on March 7, 2011,and in the company's Form 10-Q for the quarter ended March 31, 2011,filed with the SEC on May 10, 2011. There is no assurance that Iridium'sexpectations will be realized. If one or more of these risks oruncertainties materialize, or if Iridium's underlying assumptions proveincorrect, actual results may vary materially from those expected,estimated or projected. Iridium's forward-looking statements speak onlyas of the date of this press release, and Iridium undertakes noobligation to update forward-looking statements. Contact: Press Contacts: Marie Knowles Iridium Communications Inc. +1 (703) 287-7476 marie.knowles@iridium.com Jim Rhodes Rhodes Communications +1 (757) 451-0602 jrhodes@rhodescomm.com finance.yahoo.com Piper

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From: Pied Piper	7/26/2011 7:56:37 PM
	of 19686

TRP - House passes bill to speed up oil sands pipe review By Ayesha Rascoe WASHINGTON \| Tue Jul 26, 2011 7:13pm EDT (Reuters) - The House of Representatives on Tuesday approved legislation that would set a firm deadline for the Obama administration to decide the fate of a proposed $7 billion pipeline that would transport Canadian oil sands crude to the U.S. Gulf Coast. The House voted 279-147 in favor of the bill that would force the State Department to approve or deny a permit for TransCanada's planned Keystone XL pipeline by November 1. Republican Congressman Ed Whitfield said the bill would cut through the "endless delays" that have held up the pipeline for nearly three years. "It's time to get moving on reducing energy prices," Whitfield said. Supporters of the pipeline, which would eventually carry 700,000 barrels of crude per day from Alberta to U.S. Gulf Coast refineries, say the project would create jobs and boost U.S. energy security by providing a safe source of crude from a stable U.S. ally. Despite its passage in the House, the bill still faces an uphill battle to become law, with Democrats controlling the Senate and the White House. Keystone XL, which requires approval from the State Department because it crosses the Canada-U.S. border, has attracted strong opposition from green groups that complain about the environmental impacts of the pipeline and the carbon-intensive nature of oil sands production. Recent leaks from Exxon Mobil's Silvertip oil pipeline and TransCanada's existing Keystone pipeline have also raised concerns on pipeline safety and whether oil sands crude is more corrosive than conventional crude oil. The House vote came on the one-year anniversary of a rupture on an Enbridge pipeline that spilled about 19,500 barrels of oil into the Kalamazoo River in Michigan. The White House came out against the legislation on Monday, calling it "unnecessary" because the State Department has already committed to wrapping up the permitting process by the end of the year. The bill "could prevent the thorough consideration of complex issues which could have serious security, safety, environmental, and other ramifications," the White House said in a statement. Following complaints from the Environmental Protection Agency about its initial environmental analysis, the State Department completed a supplemental review, delaying the pipeline project. Still, the department reiterated its commitment to its year-end deadline last week, saying it will issue a final environmental review of the pipeline in August. (Reporting by Ayesha Rascoe;editing by Sofina Mirza-Reid and Lisa Shumaker) reuters.com Piper

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From: Pied Piper	7/27/2011 3:48:29 PM
	of 19686

UPDATE 2-Maple will extend Aug 8 deadline on TMX bid Wed Jul 27, 2011 2:55pm EDT * Bidder to give shareholders more time to decide * Group will wait for more clarity in regulatory process * C$50-a-share offer values TMX at C$3.8 bln By Pav Jordan TORONTO, July 27 (Reuters) - A consortium aiming to buy Canada's TMX Group ( X.TO)plans to extend the Aug. 8 tender deadline for its C$3.8 billion ($4.04billion) bid until shareholders can be more confident regulators willapprove the deal, a source within the group said on Wednesday. A takeover of the Toronto Stock Exchange operator under theMaple proposal requires approval by Canada's Competition Bureauas well as regulators in four provinces. Maple plans tointegrate TMX's exchanges with the Alpha Group alternativetrading system and the CDS trade clearinghouse, raisingantitrust concerns. "We will extend the deadline as many times as we have tountil the point where we have sufficient regulatory approvalsfor shareholders to be able to tender into a bid with certaintyof the regulatory process," the source said on condition ofanonymity. The source, who was not authorized to speak on the record,could not say for how long Maple would extend the deadline, butthe likely outcome of the regulatory process would become moreclear by the end of the Canadian summer. Maple Group Acquisition Corp, whose members include four ofCanada's largest banks, four top pension funds and NorthAmerica's largest life insurer, has offered C$50 a share forTMX. The bid started out as an all-Canadian alternative to afriendly takeover offer from the London Stock Exchange ( LSE.L),which derailed a month ago when it failed to generatesufficient shareholder support. [ID:nN1E76K29L] The Maple bid is a hostile offer, but the TMX boardauthorized official discussions with the consortium last week,increasing the possibility of the sides coming to anagreement. "We are exploring with them how we could get the TMX boardto support our bid and convert it into a friendly deal," thesource said. "The important point here is that Maple is notdisappearing." The sides have already met once this week and expect tomeet again before Friday, the source said. The Competition Bureau is expected to rule on the Maple bidby October at the earliest, and November at the latest. So far the bureau has asked for supplementary informationsurrounding the bid and its investors on one occasion, and moresuch requests are likely as they narrow down concerns. The bid also needs approval from securities regulators inthe provinces of Ontario, Quebec, British Columbia and Alberta,but the first two provinces are viewed as more importantbecause two of TMX's prime assets are located there. Maple Group officials met with regulators in Quebec, hometo the Montreal exchange on Monday and in Ontario, where theToronto Stock Exchange is located, on Tuesday. As a part of the reviews, regulators will open the proposalto a public consultation process that is expected to take 45days. ($1 = .94 Canadian) (Reporting by Pav Jordan; Editing by Frank McGurty) reuters.com Piper

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