APX Announces Opening of New York Office.

East Coast Presence Enhances APX's Ability to Serve the Fast-Growing Environmental Commodities Markets

SANTA CLARA, Calif. -- 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 market continues 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, Inc.

APX is the leading infrastructure provider for environmental and energy markets in renewable energy and greenhouse gases including 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. 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. A privately held company, APX is headquartered in Santa Clara, CA. www.apx.com.