Aptilon first-quarter revenues up 174%

Aptilon Corporation ("Aptilon" or the "Company") (TSX-V: APZ), a leader in online marketing to physicians and healthcare professionals, today announced its financial results for the three months ended March 31, 2010. Financial references are in CDN dollars unless otherwise indicated. Complete financial statements and MD&A are available on SEDAR at www.sedar.com.

Q1 2010 Summary

- Revenues totaled $7.67 million, compared to $2.80 million in Q1 2009 - Gross profit reached $4.29 million compared to $1.95 million in Q1 2008 - Net income of $56,327 for the quarter compared to a loss of ($473,767) in Q1 2009 - Generated positive net cash flow from operations of $1,053,644 (before net change in non cash working capital item of ($1,595,004))

Financial Review

For the first quarter of 2010 revenues increased to $7,674,536 compared to $2,801,920 for the same period a year ago, an increase of 174%. Revenue in the period reflects a broader base of customers, growth in the size of enterprise customer initiatives and contribution from assets purchased in fiscal 2009.

Gross profit for the three-month period ended March 31, 2010 was $4,288,339 compared to $1,946,892 for the three months ended March 31, 2009.

Net income for the three months ended March 31, 2010 reached $56,237 or ($0.0003) per share reversing a net loss of $473,767 or ($0.0024) per share for the comparable period a year ago.

Sales and marketing expenses for the third quarter of 2009 totaled $1,691,709 compared to $1,259,636 for the first quarter of 2009. General and administrative ("G&A") expenses for the first quarter of 2010 increased to $943,588 compared to $636,251 in the first quarter of 2009. Increases in expenditures were primarily driven by the integration of the purchased assets.

In the first quarter ended March 31, 2010, the Company generated positive cash-flow from operations of $1,053,644, before net change in non cash working capital item of ($1,595,644). In the year prior period, cash flows used in operating activities totaled ($146,177), before net change in non cash working capital item of $230,846.

As at March 31, 2010, the Company's working capital position includes the short-term portion of a promissory note payable in connection to the previously announced business acquisition. Working capital totaled ($3,351,441) including cash and cash equivalents and restricted cash of $2,429,571 compared to ($3,501,970) in working capital, which included cash and cash equivalents and restricted cash of $2,056,741, at December 31, 2009.

The Company had 208,510,865 common shares outstanding (fully diluted) at March 31, 2010.