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Press CenterAPX Links International Greenhouse Gas Transaction RegistriesCross-Market Capabilities Link the Voluntary Carbon Standard and Climate Action Reserve Santa Clara, CA - March 17, 2009 - APX, Inc., the leading infrastructure provider for environmental and energy markets, today announced that the company will enable the linking of U.S. and international carbon offset registries to give market participants increased flexibility and ease of use, further facilitating the transparency and efficiency of carbon markets. The initial cross-system integration will occur between the Voluntary Carbon Standard (VCS) Registry and the Climate Action Reserve of the California Climate Action Registry (CCAR). APX provides registry technology and services for both programs. APX has developed and operates a state-of-the-art VCS Registry enabling issuance, transfer, tracking, retirement and custodial services for Voluntary Carbon Unit (VCU) credits worldwide. As an approved program of the VCS, projects using CCAR protocols in the Climate Action Reserve can choose to have issued Climate Reserve Tonnes (CRT) converted to VCUs, if desired, depending on their use in the marketplace. "We are very pleased that APX is providing VCS Registry services and the central VCS Project Database," said Gary Gero, President of the California Climate Action Registry. "As a result, market participants in the Climate Action Reserve can now easily select the most appropriate credit type based on their intended use. This provides our stakeholders with greater flexibility than any other program in the U.S." "APX continues to implement technology infrastructure that enables carbon market buyers and sellers to more easily participate in the global carbon market," said Brian Storms, Chairman and CEO of APX. "Providing linkage between the Climate Action Reserve and VCS Registry systems is just one of the exciting approaches we are taking to address increasing market demand for flexibility and improved liquidity." About APX, Inc. APX is the leading infrastructure provider for environmental and energy markets in renewable energy and greenhouse gases including carbon commodities. Providing a bank and mint for environmental commodities, APX solutions are trusted to create, track, manage, and retire renewable energy certificates (RECs), energy efficiency and conservation certificates, carbon offset credits such as verified emissions reductions (VERs), and greenhouse gas emission allowances. The company provides the solution of choice for every major renewable energy market in North America and greenhouse gas markets worldwide. APX also delivers 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
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