APX Announces an Agreement Regarding an Investment by Goldman Sachs

SANTA CLARA, Calif.--(Business Wire)--APX, Inc., a leading infrastructure provider for environmental and
cap-and-trade markets, is pleased to announce the signing of an
agreement in which Goldman Sachs will become a new investor in the
company. The consummation of the transaction is subject to regulatory
approvals and other conditions.

John Melby, CEO of APX, Inc., commented: "We expect the investment
by Goldman Sachs will enable our continued expansion and leadership as
the trusted choice for creating and managing environmental
commodities, and as a platform for future cap-and-trade markets."

Mr. Melby emphasized the importance of APX's independence as a
technology and service provider for environmental markets, including
renewable energy, energy efficiency, and carbon emissions.

APX is policy-neutral, does not take positions in the markets, and
its revenues are unrelated to the market prices for the environmental
and cap-and-trade market certificates that its systems create,
register, manage, track, transfer, and retire. This neutrality has
made APX, Mr. Melby noted, one of the most trusted names in the
environmental commodities arena with both the regulatory community and
environmental market participants.

This release does not constitute an offer to sell or a
solicitation of an offer to sell any securities of APX.

About APX

APX is a leading infrastructure provider for environmental and
energy markets, including renewable energy, greenhouse gas and carbon
commodities. Providing a bank and mint for environmental commodities,
the APX Environmental Market Depository(TM) 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. A privately held company, APX is headquartered in Santa
Clara, CA. www.apx.com.

APX, Inc.
Reiner Musier, 617-699-0929
rmusier@apx.com
or
The Dilenschneider Group
Barbara Ettorre, 212-922-0900
bettorre@dgi-nyc.com

Copyright Business Wire 2007