APX Brings Structure to OTC Markets for Environmental Commodities

* Reuters is not responsible for the content in this press release.

Tue May 19, 2009 6:00am EDT

Company Announces APX Contracts and APX Project Track
HOBOKEN, N.J.--(Business Wire)--
APX Inc., the leading infrastructure provider for environmental and energy
markets, today announced two new business services offerings, APX Contracts™ and
APX Project Track™, to provide structure and integrity for OTC markets in
environmental commodities. APX Contracts provides the first central service for
forward contract management and chain of custody confirmation in OTC markets for
environmental commodities. 

APX Contracts provides a central service for registering, tracking, and managing
forward contracts and other contract types across emission reduction and
renewable programs, creating structure and integrity for these markets. APX
Contracts promotes efficiency and transparency in OTC markets, providing a
complete picture of activity with record keeping, reporting, and audit trail
capabilities for corporations. 

APX Project Track is the source of carbon project information for APX Contracts,
and provides a trusted source for comprehensive, up-to-date project data across
compliance and voluntary markets. APX Project Track integrates global carbon
project public data from all APX registries as well as other major international
voluntary and compliance registries, and tracks projects under a globally unique
Universal Project Number (UPN) to ensure integrity. 

"Market participants have had few tools to manage the risks that can come from
delivery failure, purchase of double sold forwards, or 'at risk' contracts for
project-based credits," said Brian Storms, Chairman and CEO, APX Inc. "These new
services provide buyers of forward contracts an efficient way to verify
ownership and access an auditable chain of custody. Buyers need to know that
their offset credits are from a legitimate, authorized, creditworthy seller. We
believe OTC markets are vital to well functioning environmental markets, and are
pleased to offer purpose-built solutions that provide a proper OTC market
structure from their inception." 

APX Contracts and APX Project Track are services of the APX Environmental
Management Account™, APX`s flagship offering (See today`s related announcement).
It provides a complete suite of solutions for environmental asset and risk
management in the new carbon economy - from identifying and implementing an
asset acquisition strategy, to conducting transactions and monitoring results,
to creating environmental credits that monetize environmental benefits. 

APX Contracts and APX Project Track are expected to be available in Q3 2009.
Additional services of the APX Environmental Management Account, including
single view portfolio management, valuation, transaction, and reporting
services, are expected beginning in Q4. 

About APX Inc.

APX is the leading infrastructure provider for environmental and energy markets
in renewable energy and greenhouse gases, including carbon commodities. APX
business services include the APX Environmental Management Account™, a complete
suite of solutions for environmental asset and risk management in the new carbon
economy. More than 1300 global firms trust APX to create, track, manage, and
retire environmental commodities across all renewable energy markets 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. APX is a privately held company. www.apx.com





APX Inc.
Reiner Musier, 617-699-0929 (mobile)
408-517-2100 (office)
Chief Marketing Officer
rmusier@apx.com

Copyright Business Wire 2009

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