Press Center

APX Announces Complete Asset and Risk Management Services for Environmental Markets

APX Environmental Management Account™ Delivers Essential Portfolio Services

Hoboken, NJ - May 19, 2009 - APX Inc., the leading infrastructure provider for environmental and energy markets, today announced its new flagship business services offering, the APX Environmental Management Account™, which is a complete suite of solutions for environmental asset and risk management in the new carbon economy. From providing the tools to manage an asset acquisition strategy, to conducting transactions and monitoring results, to creating environmental credits that monetize environmental benefits, the APX Environmental Management Account provides market participants with essential business services to manage risk in carbon and renewable energy markets.

"Corporations today face the uncertainties of global environmental regulations, and the complexities of rapidly developing environmental markets. Managing environmental assets and liabilities in this environment is a significant challenge. Our aim is to make navigating these issues as efficient and easy as possible. We're pleased to be the first to offer firms a single place to manage their entire environmental portfolio, with a solution that is purpose-built for the environmental marketplace," said Brian Storms, Chairman and CEO, APX Inc. "APX is uniquely qualified to provide these asset and risk management services, because APX tracks and manages more environmental assets worldwide than any other infrastructure provider. Our corporate clients require it."

The APX Environmental Management Account provides a single view across a company's entire multi-registry portfolio of environmental credits and allowances, a trusted source for global carbon project information, and comprehensive tracking of related forward transactions. It also includes essential business services such as complete portfolio management and valuation, connectivity with transaction platforms, post-trade settlement, credit delivery facilities, compliance and tax reporting services, and liability management tools.

With more than 2 billion certificates under management and 1300 global firms as account holders, APX market infrastructure sets the standard for ensuring integrity and transparency in environmental markets. The world's leading carbon standards and all North American renewable energy markets already rely on APX market infrastructure.

The new service offerings will be phased in over time, with forward market and contract management services expected to be available in Q3 2009 (See today's related announcement of APX Contracts™ and APX Project Track™), and portfolio management and transaction services expected in Q4.

About APX Inc.
APX is the leading infrastructure provider for environmental and energy markets in renewable energy and greenhouse gases, including carbon commodities. APX business services include the APX Environmental Management Account™, a complete suite of solutions for environmental asset and risk management in the new carbon economy. More than 1300 global firms trust APX to create, track, manage, and retire environmental commodities across all renewable energy markets in North America and greenhouse gas markets worldwide. APX also provides technology, strategic consulting, and expert operational services to assist wholesale power market participants reduce costs and improve performance in power scheduling, settlement, market operations, system operations support, and demand response programs. APX is a privately held company.

Contact:
Reiner Musier
APX Inc.
Chief Marketing Officer
617.699.0929 (mobile)
408.517.2177 (office)
rmusier@apx.com