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Pulse Seismic Inc. press release

Pulse Data Inc. announces filing of normal course issuer bid

TSX - Toronto Stock Exchange ยท Canada

TSX: PSD

CALGARY, Nov. 24 /CNW/ - Pulse Data Inc. ("Pulse") announces that it intends to purchase up to 2,394,121 common shares (representing 5% of the 47,882,439 issued and outstanding common shares) under a normal course issue bid through the facilities of the TSX. All shares purchased under the normal course issuer bid will be cancelled. The duration of the normal course issue bid will be from November 28, 2006 through November 27, 2007. Pulse believes that its common shares may from time to time be undervalued.

CORPORATE PROFILE

Pulse is a Calgary-based company with two operating units: Pulse Seismic specializing in acquiring, marketing and licensing seismic data to the western Canadian energy sector, and Terrapoint focusing on acquisitions and processing of digital elevation and image data (also referred to as LiDAR) to diverse markets. Through these two operating units, Pulse Seismic and Terrapoint, the Company has evolved into an industry leader providing Better Information Faster(TM).

Pulse trades on the Toronto Stock Exchange under the symbol PSD.

Certain information contained herein may constitute forward-looking statements under applicable securities laws. Such statements are subject to known or unknown risks and uncertainties that may cause actual results to differ materially from those anticipated or implied in the forward-looking statements. Investors are encouraged to review the "Risk Factors" section of the Management's Discussion and Analysis in the Company's 2005 Annual Report and 2006 interim reports for a discussion of risks that could affect the Company's operations and financial results. Forward-looking statements are based upon management's assumptions, expectations and estimates at the time that such statements are made. Pulse does not update forward-looking statements should circumstances change or management's assumptions, expectations or estimates change, except as required by law.

Earlier from Pulse Seismic Inc.