Appulse Corporation
TSX VENTURE : APL

Appulse Corporation

October 16, 2009 18:58 ET

Appulse Corporation: Press Release

CALGARY, ALBERTA--(Marketwire - Oct. 16, 2009) - Appulse Corporation (TSX VENTURE:APL) announces that it proposes to amend the exercise price from $0.21 to $0.10 per share and $0.165 to $0.10 per share, as applicable, of options to purchase an aggregate of 410,000 Common Shares previously granted to directors of the Corporation. The foregoing proposed amendments require shareholder approval, which approval will be sought at the next annual and special meeting of shareholders of the Corporation. The Corporation has also amended options to purchase an aggregate of 305,000 Common Shares held by employees of the Corporation, by amending the option prices from $0.21 to $0.10 per share, from $0.165 to $0.10 per share and from $0.255 to $0.10 per share, as applicable.

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.

Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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