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Press CenterAPX Announces Opening of New York OfficeSanta Clara, CA - February 7, 2008 - APX, Inc., the leading platform provider for environmental and energy markets, today announced that the Company has opened a New York office as part of its strategy to serve the fast-growing, global environmental commodities markets. APX expects to expand its geographic reach and solidify its leadership position in the creation and tracking of carbon certificates as the carbon emissions markets continue to grow in the United States and overseas. "A key to APX's success has been our ability to anticipate the technological needs of this rapidly developing market and to create game-changing platforms that have led to the effective and efficient management of environmental commodities around the world. Establishing a New York office gives us a greater physical presence in a key region that we serve with our technology as well as a proximity to the capital markets which will play an important role in the development of carbon emissions trading in the United States. As this industry continues to evolve and more jurisdictions take actions to protect and improve the environment, there will be tremendous opportunities for APX to expand its role as the infrastructure provider of choice for these markets," said Brian Storms, APX's Chairman and Chief Executive Officer. APX is the leader in environmental technology and its platform currently supports a number of environmental commodities, including the trading and monitoring of certificates for the five largest renewable energy markets in North America. The establishment of a New York office will allow APX to better serve the east coast markets and gain efficiency in supporting discussions regarding Federal greenhouse gas initiatives. About APX Contacts:
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