Appulse Corporation (TSX VENTURE:APL) ("Appulse") today reported a net income of
$122,000 for the six months ended June 30, 2012 with revenues of $3,594,000,
compared to a loss of $50,000 and revenues of $2,678,000 for the same six-month
period of the previous year. Operating cash flow (net income or loss for the
period adjusted for items not involving cash) for the six months ended June 30,
2012 of $283,000 compares to operating cash flow of $52,000 for the same
six-month period of 2011. 


Revenues from the service and refurbishing of customer centrifuge equipment
increased by 25% compared to the same six-month period of the prior year. Both
Calgary and Waterloo facilities contributed to the increase and both locations
continue to be very active to date. The Corporation will continue to expand its
servicing capabilities in the third quarter. The sales of centrifuge parts
increased by 7% over the first six months of 2011, primarily related to the
growth of our customer base in Quebec and Ontario, supported by the expanded
production capabilities of Design Machining Unlimited, the Corporation's
machining affiliate.


The sale of centrifuge machines during the six months to June 30, 2012 totaled
$977,000 compared to only $291,000 for the comparable period of 2011. With
purchase orders in hand, machine sales for the 2012 fiscal period will exceed
$1,900,000.


General and administrative expenses increased during the period primarily
related to an expanded marketing and support structure expected to result in
continued growth in all areas. 


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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