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APX’s North American Renewables Registry™ Infrastructure Extended to Energy Efficiency Markets; Energy Efficiency Certificates Now Being Registered with APX
March 9, 2010 (APX)

"APX, Inc….has now extended its registry services to include both renewable energy and energy efficiency certificates for voluntary markets. The first voluntary Energy Efficiency Certificates (EECs) registered in the APX North American Renewables Registry™ were registered by IBM Corporation.

"…IBM recently completed the initial phase of a virtualization and server consolidation project to reduce energy use in its data center in Ontario, Canada. These actions resulted in registered energy efficiency savings of over 1000 megawatt hours annually. This is expected to increase to an estimated 2700 megawatt hours per year as the project continues in 2010. When complete, this IBM data center location will consume approximately 80 percent less energy to deliver the current workload that supports IBM operations in Canada…"

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"The EECs were issued to IBM based on an independent audit and verification of permanent reductions conducted by Neuwing Energy Ventures, following the same standards as those used in regulated markets. Each EEC in the North American Renewables Registry is a unique and traceable commodity that represents a megawatt hour of energy saved."

[Brian Storms, Chairman/CEO, APX, Inc.:] “The potential for energy efficiency savings in our economy is enormous and includes some of our lowest cost solutions to combat climate change and improve sustainability…The extension of our market infrastructure to support emerging markets in Energy Efficiency Certificates is an important step in helping corporations monetize these savings and speed the development of EEC markets. We are privileged to support IBM in this important work.”