Appulse Corporation

Appulse Corporation

August 23, 2006 16:01 ET

Appulse Corporation: Reporting the Closing of the Purchase of a Precision Machining and Tool and Die Business

CALGARY, ALBERTA--(CCNMatthews - Aug. 23, 2006) - Appulse Corporation (TSX VENTURE:APL) ("Appulse") today reported finalization of the purchase of 100% of
the common shares of a precision machining and tool and die company for a total consideration of $450,000. The company noted that the previous sole shareholder and operator of the business will continue to be involved with the company under terms of a service contract.

The purchased company has traditionally provided Appulse with over 50% of its machining requirements. The activities of Appulse and its subsidiaries currently account for over 85% of the revenues of the purchased company.

While providing a secure source of supply for specialty machining services, the new company offers a significant opportunity to expand its operations both to meet the increasing demands of Appulse and its subsidiaries, and to offer its services to other industries.

About Appulse

Through its subsidiaries, Centrifuges Unlimited Inc. and Rolyn Oilfield Services Inc., Appulse specializes in the sales, servicing and refurbishing of centrifuge equipment and parts throughout North America and Internationally. 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.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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