Pulse Evolution Corporation (OTCPK:PLFX) announces a share repurchase program. Under the program, the company will repurchase up to $5 million worth of its outstanding shares. The shares are expected to be repurchased from time to time through open market transactions, in accordance with Rule 10b-18 under the Securities Exchange Act of 1934, as amended.

The manner, price, number and the timing of the share repurchases will be subject to a variety of factors, including market conditions and applicable U.S. Securities and Exchange Commission rules. The company intends to pursue the program as it believes that it represents a sound investment of its available cash and is supportive of its fundamental business strategy. The program does not obligate the Company to purchase any shares.

The program has an expiration date of June 30, 2016, and may be limited, terminated or revised at any time without notice.