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John Melby Appointed President and CEO of APX

Santa Clara, CA - September 21st, 2007 - APX, Inc., the leading infrastructure provider for North American environmental and energy markets, is pleased to announce that Mr. John Melby has been appointed President and CEO of APX Inc., succeeding the outgoing CEO and Chairman, Mr. Tom Lewis, who is retiring to spend more time with his family on the east coast.

During his six year tenure at APX, Mr. Melby has led the operations, sales, product development, and marketing groups. Prior to joining APX, Mr. Melby was Senior Director of Marketing and Product Development for the California Power Exchange. He has also had a leadership role at the consulting practices of M & R Strategic Services, a political consulting firm based in Washington, D.C.

"APX today is in an enviable leadership position in both its power markets and environmental markets businesses. I have been privileged to lead the company to this point over the last four years, and could not be more proud of the organization that we have built," said Mr. Lewis. "I hand over the reins to John and the current management team with full confidence in their continued success," added Mr. Lewis.

"The environmental and energy industries are at crucial inflection points in their development, bringing new opportunities and challenges to our clients. This is an exciting time for them, and an exciting time for APX. I am eager to step up to this new leadership challenge, and am confident that APX will continue to be our clients' preferred partner," Mr. Melby remarked. "Tom's thoughtful leadership style will be carried forward within APX as an integral part of our culture and our way of doing business. I thank Tom for his leadership and contributions to APX, and wish him the best."

About APX, Inc.
APX is North America’s leading infrastructure provider for environmental markets in renewable energy and greenhouse gases, as well as corporate environmental management. APX technology is now the system of choice for every major renewable energy market in North America, including the PJM (GATS), ISO New England (NEPOOL GIS), WECC (WREGIS), Midwest ISO (M-RETS) and ERCOT (Texas REC) markets. Users of these systems include hundreds of the nation’s largest environmental commodity brokers, marketers, generators, and load serving entities. 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, and demand response programs. A privately held company, APX is headquartered in Santa Clara, CA. www.apx.com.

Contact:
Reiner Musier
APX, Inc.
Chief Marketing Officer
617.699.0929
rmusier@apx.com

 

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