APL Appulse Corporation

Appulse Corporation (TSX VENTURE:APL) ("Appulse") today reported a net income of
$162,000 ($.013 per share) for the third quarter of 2011, compared to a net loss
of $73,000 ($.006 per share) for the same three-month period of the previous
year. Results for the nine-month period ended September 30, 2011 reflected a net
income of $112,000($.009 per share) with revenue of $4,542,000, compared to a
loss of $109,000($.009 per share) and revenues of $4,599,000 for the same
nine-month period of the previous year. Operating cash flow (net income or loss
for the period adjusted for finance expenses and items not involving cash) for
the nine months ended September 30, 2011 of $348,000 compares to an operating
cash flow of $65,000 for the same nine-month period of 2010. 


Revenue from the sale of centrifuge parts continued to increase during 2011.
This trend is consistent with the past three years and is expected to continue.
While revenues from service and machine sales were lower during the nine-month
period compared to the prior year, the impact of lower sales levels was offset
by higher contribution margins realized during the current period. The improved
margins, and a 7% reduction in general and administrative costs compared to the
prior year, enabled the Corporation to return to profitability for the
nine-month period. 


The third quarter financial statements present the Corporation's third reporting
under International Financial Reporting Standards ("IFRS"). Results of
operations for the nine-month periods ending September 30, 2011 and 2010 were
not significantly impacted by the conversion to IFRS. 


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 and the manufacture and sale
of centrifuge parts, serving both domestic and international markets. In
addition, the Corporation 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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