Press Center

APX Opens Washington D.C. Office

Santa Clara, CA - June 23, 2008 - APX, Inc., the leading infrastructure provider for environmental and energy markets, today announced that it has opened a Washington, D.C. office as part of its continuing strategy to support the rapidly developing global environmental commodities markets. 

The Washington, D.C. office, the Company’s second on the east coast, will be led by Gary S. Guzy, APX’s General Counsel. Mr. Guzy is one of the country’s preeminent environmental attorneys, having served as the top legal officer for the U.S. Environmental Protection Agency and as Global Practice Leader for Climate Risk and Sustainability at Marsh, a leading global risk management and insurance brokerage firm. 

Mr. Guzy and the Washington, D.C. office will work closely with elected officials, legislative staff, federal agencies, business trade associations, national environmental advocacy organizations, and other key stakeholders as Congress continues to move forward with climate change legislation. 

“APX has unmatched knowledge of global climate change issues and a proven track record of providing the infrastructure to effectively support the integrity of  environmental commodities markets around the world,” said Mr. Guzy.  “As the momentum builds to establish federal standards to address global warming and reduce carbon dioxide emissions, APX can play an important role in helping public policy leaders design and implement an effective and credible market-based solution.”

The APX market infrastructure powers environmental commodities systems worldwide, including the Gold Standard VER Registry™, the California Climate Action Registry’s Climate Action Reserve and every regional renewable energy market in North America.

APX’s Washington, D.C. office is located at:
750 17th Street, N.W.,
Suite 1100
Washington, D.C. 20006
(202) 785-7400

About APX
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, the APX Environmental Market Depository™ is 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 is the system of choice for every major renewable energy market 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. A privately held company, APX is headquartered in Santa Clara, CA.

Contacts:
Reiner Musier
APX, Inc.
617.699.0929
rmusier@apx.com

Sard Verbinnen & Co.
Paul Kranhold, Ron Low or Scott Beaver
(415) 618-8750