APL Appulse Corporation

Appulse Corporation (TSX VENTURE:APL) ("Appulse or the Corporation") today
reported revenues of $ 6,607,000 for the year ended December 31, 2008, compared
to $ 6,926,000 for the previous year. Fourth quarter revenues were $ 1,369,000
compared to $ 2,681,000 for the same quarter of the previous year, reflecting a
high level of centrifuge machine sales in the previous period. The Corporation
recorded a net loss of ($ 177,000) (($.01) per share) for the year compared to a
net income of $ 874,000 ($ .07 per share) for the 2007 fiscal period. The 2007
net income figure reflected non-recurring income from two sources. The first
comprised the Corporation's share of equity investee income arising from a
dilution gain net of operating losses, which totaled $149,000. In 2008, only the
Corporation's share of the operating loss of the equity investee is reflected.
In addition, 2007 results include the first-time recognition of future income
tax recoveries. Cash flow from operations was $ 74,000 for 2008 compared to $
818,000 for fiscal 2007.


Average gross margins in 2008 were lower by approximately 5% when compared to
the prior year reflecting the variable nature of margins on machine applications
and competitive factors inherent during periods of general economic decline.
Overheads were higher during 2008 reflecting increased personnel costs and a
focus on marketing and future growth.


Revenues for the first quarter of 2009 will reflect a level similar to that of
the prior year. The Corporation's activities will continue to focus on food and
beverage and environmental applications, areas considered to be less effected by
the recession. As these economic conditions continue, the Corporation's proven
expertise in refurbished equipment will provide a broad customer base with very
viable cost-saving alternatives.


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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