Announcement

From our Partner: The Gold Standard Foundation selects APX, Inc. to Develop and Manage The Gold Standard Registry

Santa Clara, CA - November 5, 2007 - The Gold Standard Foundation is pleased to announce that APX, Inc. has been selected to create and manage The Gold Standard’s Registry for Verified Emissions Reductions
(VERs) in the voluntary carbon market. APX is North America’s leading infrastructure provider for environmental markets in renewable energy and greenhouse gases including carbon commodities. The Gold Standard Foundation is pleased to work with APX to provide further clarity and security for the voluntary carbon market.

APX will extend its widely adopted environmental market platform to fully support The Gold Standard Registry requirements. The Registry will provide Gold Standard stakeholders with a user-friendly, web-based software application that creates, tracks, and enables trading of Gold Standard VERs. The registry will feature serialization of each Gold Standard VER credit, a double-entry accounting framework, and full ownership and transaction tracking for VER credits. Real-time reporting capabilities will assist account holders with VER credit management while also providing program transparency to both account holders and the public.

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