APL Appulse Corporation

Appulse Corporation (TSX VENTURE:APL) ("Appulse") today reported a net income of
$181,000 for the nine months ended September 30, 2012 with revenues of
$5,356,000, compared to a net income of $112,000 and revenues of $4,542,000 for
the same nine-month period of the previous year. Operating cash flow (net income
or loss for the period adjusted for items not involving cash) for the nine
months ended September 30, 2012 of $417,000 compares to operating cash flow of
$321,000 for the same nine-month period of 2011. 


The Corporation continued to expand activities related to the service and
refurbishing of customer centrifuge equipment. This source of revenue increased
by 25% compared to the same nine-month period of the prior year. Both Calgary
and Waterloo facilities contributed to the increase. We have further expanded
our team of skilled centrifuge technicians and look forward to continued growth
in this area. The sale of centrifuge parts increased by 6% over the first nine
months of 2011. A new computer controlled five-axis lathe, commissioned during
the quarter by Design Machining, will bear significantly on our ability to
increase the manufacture of centrifuge parts.


The sale of centrifuge machines during the nine months to September 30, 2012
totaled $1,453,000 compared to $977,000 for the comparable period of 2011. With
purchase orders in hand, machine sales for the 2012 fiscal period are expected
to exceed $2,000,000 compared to the 2011 fiscal year total of $1,385,000.


Sales to customers in the United States increased from 18% of total revenues in
2011 to 26% in 2012. 


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Appulse Corporation
Doug Baird
President
(403) 236-2883
dbaird@centrifuges.net


Appulse Corporation
Dennis Schmidt
CFO
(403) 236-2883
(403) 279-3342 (FAX)
www.appulsecorp.net

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