Appulse Corporation
TSX VENTURE : APL

Appulse Corporation

August 09, 2007 17:06 ET

Appulse Corporation Reporting Results for the Second Quarter of 2007

CALGARY, ALBERTA--(Marketwire - Aug. 9, 2007) - Appulse Corporation ("Appulse") (TSX VENTURE:APL) today reported a net income of $ 15,000 for the six months ended June 30, 2007 with revenues of $ 2,600,000, compared to a net income of $ 141,000 and revenues of $ 3,271,000 for the same six-month period of the previous year. Cash flow from operations was $ 117,000 for the first six months of 2007, compared to $ 229,000 for the same period of 2006.

While revenues from the sale of parts increased over the prior year, centrifuge machine sale revenues were very low during the first two quarters of 2007. Management, however, confirmed previous expectations of significant increases in machine sales during the last half of the year, specifically noting that total firm machine sales to be recorded during the 2007 fiscal period now exceed $2,000,000 as compared to only $540,000 recorded in the first half. This increase, in addition to continued growth in parts and service revenues will lead to significant increases in revenues during the remainder of 2007. The Corporation will continue to focus on its traditional food and beverage and environmental customers while addressing new refinery and biodiesal applications.

About Appulse

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

Additional information can be obtained through the Corporation's website, at www.appulsecorp.net Additional financial information can be accessed 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.

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

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