American Petroleum Exchange Teams with Exodus

American Petroleum Exchange, the business-to-business trading exchange for the refined petroleum industry, announced it has teamed with Exodus Communications Inc, a leader in complex Internet hosting and managed services, to provide a secure, scalable data center for mission-critical transactions and data hosting.

"We are extremely proud to be the global Internet hosting provider for the American Petroleum Exchange," said Beverly Brown, executive vice-president and chief marketing officer of Exodus. "We're pleased to be working with such a highly skilled team to help deliver this key energy marketplace to users across the Web."

The Exchange has located servers in Exodus Internet Data Centers (IDC) and is utilizing Exodus' high-speed, redundant backbone and network management expertise to handle its mission critical, high volume Business-to-Business Trading Exchange. To help protect the privacy and security of users, The Exchange elected to locate its servers in Exodus IDCs, leveraging Exodus' highspeed, redundant backbone and 24x7 security surveillance. Much enthusiasm surrounds this unique Internet company that intends to serve the refined petroleum industry with an electronic virtual trading floor, payment processing and product transportation options. Using state of the art technology, The Exchange has built an online trading community tailored to the needs of the wholesale petroleum industry, providing full Business-to-Business e-Commerce capabilities for seller and buyer companies.

"We are committed to providing scalability, reliability and security for the sellers and buyers of our Trading Exchange." said Baron Dean Thrower, senior vice president and CTO. "By teaming with Exodus, we can scale rapidly while maintaining high-performance usability, integrity and security. Our focus on optimizing systems management for petroleum industry will be well served with this alliance."

About the American Petroleum Exchange

The Exchange is dedicated to providing its customers with the ability to conduct highly effective Business-to-Business commerce in order to take advantage of current technologies and use the Internet in the most efficient and practical way possible. The Exchange's electronic Business-to-Business Trading Platform includes full electronic commerce capabilities for seller and buyer companies including online dynamic auctions, reverse auctions, exchanges and communications services. Buyers and sellers can utilize the trading exchange with minimum investment. The American Petroleum Exchange can be found on the World Wide Web at www.apexchange.com.

Contact Baron Dean Thrower, senior vice president & CTO, 301-287-2474, for American Petroleum Exchange, Web site: www.apexchange.com/.