CMXchange Launches New Unit -- CMXinvestment-Recovery.

Energy Editors/Business Editors/Automotive Writers

NORTHFIELD, Ill.--(BUSINESS WIRE)--Oct. 15, 2003

"New unit to advise clients on how to maximize value in disposing of

surplus assets"

Commodities Management Exchange Inc. (CMXchange), the pioneering Internet-based commodities management services company, announced today the launch of a new division--CMXinvestment-Recovery. The new unit will assist clients in extracting maximum value from surplus assets by designing and implementing asset disposition initiatives and reducing risk associated with that activity.

CMXchange also announced that Richard Diaz has joined the firm as Director of Investment Recovery. Mr. Diaz is a 19-year veteran of the utility industry, who will spearhead the new unit. Richard has for the previous eight years specialized in investment recovery projects. Leading Investment Recovery initiatives in various administrative roles at Exelon/Commonwealth Edison and other firms, he has negotiated hundreds of asset recovery initiatives involving a broad range of commodities both domestic and international.

CMXchange Chairman Tony Brown noted that CMXinvestment Recovery was a logical strategic addition to CMXchange's other commodity management units--Physical Trading Marketplace, Financial Derivatives Marketplace, Professional Services, and Exchange Technology Services. These units, together with CMXinvestment Recovery, provide clients with a comprehensive menu of commodity management solutions.

"Our objective is to help customers more efficiently manage the entire spectrum of their procurement and commodity management supply chain activities," said Brown.

Noting that CMXinvestment-Recovery will be available to non-customers of the exchange, Brown added, "We want to help firms by enabling them to outsource their investment recovery function, reducing risks across the organization, and improving cash flows."

Specifically, Brown said CMXinvestment Recover--together with it other units--would assist CMXchange customers in investment recovery initiatives by:

-- Assessing the customer's current status across its various

business units;

-- Cataloging and identifying appropriate assets and methods of

disposition;

-- Managing environmental, legal and proprietary uncertainties;

-- Providing decommissioning and demolition services for complex

equipment;

-- Identifying qualified buyers and optimize asset market value.

"CMXchange is able to offer these professional services because we have such depth in the commodities management industry," said CMXchange President Tony Caravia." CMXinvestment-Recovery represents a logical extension of our core competencies that we can share with our customers to increase the overall effectiveness of their operations. It's a winning formula for everyone."

CMXchange is staffed by professionals with decades of experience in all aspects of total commodity management, including base metals procurement, price risk management, logistics and information reporting. CMXchange operates an e-commerce service platform for non-ferrous, ferrous and platinum group metals that is used by companies throughout the metals supply chain to facilitate the procurement and sales of physical materials. A recently introduced trading platform called CMXflexclear offers a family of over-the-counter cash-settled forward contracts which provide market participants efficient tools with which to hedge against adverse price swings.

CMXchange, a Northfield, IL-based, privately held company, is a certified Minority Business Enterprise.