Appulse Corporation: Reporting 2010 Results

Appulse Corporation ("Appulse or the Corporation") (TSX VENTURE:APL) today
reported revenues of $6,066,000 for the year ended December 31, 2010, compared
to $5,346,000 for the previous year. Fourth quarter revenues were $1,466,000
compared to $1,368,000 for the same quarter of the previous year. The
Corporation recorded a pre-tax loss from operations of $76,000 for the year
compared to a pre-tax operating loss of $743,000 for the 2009 fiscal period. The
net loss for the fiscal year ending December 31, 2010 was $138,000 ($.01 per
share) compared to a net loss of $617,000 ($.05 per share) for the prior year. A
positive operating cash flow for fiscal 2010 of $105,000 compares to a negative
operating cash flow of $495,000 for the 2009 fiscal period. 


Total revenue from the sale of centrifuge parts increased by 12% in 2010 when
compared to the previous year while service revenues increased by 3%. Machine
sale revenues were higher by 38% compared to the previous year although certain
machine contribution margins were lower than expected. 


In addition to improved revenues, operating and general administrative overheads
were substantially reduced pursuant to a cost reduction program implemented in
the second quarter of 2010. The Corporation looks forward to a further recovery
in earnings during 2011. Marketing activities will continue to focus on food and
beverage and environmental applications complemented by the development of
encouraging new territories and increased activity in the western energy and
mining industries. 


About Appulse

Through its subsidiaries, Centrifuges Unlimited Inc., Rolyn Oilfield Services
Inc., and Design Machining Unlimited Inc., Appulse specializes in the sales,
servicing and refurbishing of centrifuge equipment, serving both domestic and
international markets, and offers full service industrial machining. The
Corporation continues to pursue expansion to its product base and geographic
markets, in addition to adopting a program of controlled acquisitions
complementing its current activities. 


Further information on Appulse and its subsidiaries can be obtained through the
Corporation's website, at www.appulsecorp.net and on SEDAR at www.sedar.com.
Certain statements in this release are forward looking and the reader is
cautioned that such information, although considered reasonable by the
Corporation at the time of preparation, may prove to be incorrect.

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