Roadrunner Records has signed Australian hard rock band Airbourne, and will release its debut album "Runnin' Wild" early 2008 in the United State and Europe.

The album, released in its home territory through EMI Music Australia, entered the Australian Recording Industry Association (ARIA) chart at No. 21 last week.

Airbourne, which has toured the United States three times since 2005, will spend most of the year touring stateside and Europe. "Final plans should be firmed up in the next few weeks," band manager Gregg Donovan, of Sydney based Step2Artist Management, tells Billboard.biz. The act is booked through Chris Dolston for CAA for North America, and Adam Saunders of Helter Skelter for Europe and the United Kingdom.

Roadrunner senior VP of A&R, signed the band after spotting them performing in the U.S. "I am so excited that we signed Airbourne," he said in a statement. "They are a young, fists in the air, high energy, in-your-face type of rock band. I saw them play a few times in Austin at South By Southwest and they blew me away."

The members of Airbourne, aged in its mid-20s, grew up shearing sheep on their farms outside Melbourne while listening to classic Aussie rock by the likes of Rose Tattoo, The Angels and AC/DC.

In 2005, the quality of their demos saw them signed as unknowns directly to Capitol Records in America for a five-album deal reportedly worth $2 million. However earlier this year, the band was dropped as part of a cost-cutting exercise at the label.