Mr. Doug Baird reports

APPULSE CORPORATION (LISTED ON THE TSX VENTURE EXCHANGE - SYMBOL 'APL') - REPORTING RESULTS FOR THE 2025 FISCAL YEAR AND ADOPTION OF SEMI-ANNUAL REPORTING

Appulse Corp. has released its financial results for the year ended Dec. 31, 2025.

The financial position and operating results of Appulse reflect the corporation's structure following the Nov. 1, 2023, sale of its wholly owned subsidiary, Centrifuges Unlimited Inc. (CUI). Further information providing details of that cash transaction have been published on SEDAR+. During the 2024 fiscal year, a portion of the sale proceeds, in the amount of $4.21-million, was returned to shareholders by way of a 15-cent-per-share dividend and a 13.5-cent-per-share capital distribution.

Revenue for the 2025 fiscal year of $139,000, comprised primarily of interest, dividends and unrealized fair value gains on investments. The net loss for the 2025 fiscal year was $92,000 (one cent per share), while the 2024 fiscal period reflected a net loss of $145,000 (one cent per share). The statement of financial position at Dec. 31, 2025, reflects total assets of $4,102,000 (primarily comprising marketable securities and cash in the total of $3,266,000, and an escrow receivable related to the sale of CUI in the amount of $775,000). Total equity of $4,025,000 at Dec. 31, 2025, compares with total equity of $4,088,000 for the prior year.

This news release is also being filed pursuant to Coordinated Blanket Order 51-93, Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers. Further to this exemption, the corporation will not be filing an interim financial report and related MD&A information for the three-month period ended March 31, 2026. Future interim filings will only be made related to six-month periods ending June 30.

Management and the board of directors continue to actively pursue and evaluate potential investment opportunities, with a focus on maintaining financial strength while maximizing shareholder value.

We seek Safe Harbor.