HOUSTON, July 16, 2008 – LifeBridge Health, Inc., one of the largest hospital systems in Baltimore, MD, has just concluded the first year of a ten-year power acquisition program designed by Amerex Energy Services. The highly innovative program, the first of its kind in the Mid-Atlantic, achieved a savings of $3.8 million for LifeBridge Health in the first year alone. Working with Amerex, LifeBridge Health secured a low fixed price for the first five years of the agreement and expects to realize similar savings over the life of the program.

Amerex Energy Services, a division of Amerex Brokers LLC, signed the ten year power contract in 2007 for three hospitals under LifeBridge Health, Inc: Sinai Hospital of Baltimore, Northwest Hospital and Levindale Hebrew Geriatric Center and Hospital. All three are in Maryland.

“Amerex’s hands-on concept and use of market intelligence really paid off for us.” said Lewis Poe, Director of Plant Operations for LifeBridge. “We reviewed many proposals before deciding on the Amerex Managed Account approach. Needless to say, we made the right choice.”

Amerex also assists LifeBridge Health in purchasing natural gas for its main facilities, and has recently secured competitive third-party power prices for the smaller, off campus accounts affiliated with the hospitals.

“We are extremely gratified that a respected member of the healthcare industry like LifeBridge selected Amerex to assist in the procurement of their energy requirements”, stated Jeff Roberts, Senior VP of Amerex Energy Services. “A paradigm shift has occurred in the energy market place. Price transparency is a necessity. The current environment has demanded the development of a price risk management strategy that balances the goals of cost savings and long-term budget stability. We’re very glad to provide this service to LifeBridge.”

For more information please visit www.amerexenergyservices.com.

About Amerex Brokers LLC
Founded in 1978, Amerex is a leading over-the-counter energy brokerage offering services in electricity, natural gas, emission credits and allowances, renewable energy credits, retail energy procurement and energy data services. From its office in Houston, Amerex offers liquidity and timely execution to meet the needs of a global client network of more than 1,000 firms including thousands of traders and risk management professionals. For additional information, please visit www.amerexenergy.com. Amerex Brokers LLC is a wholly-owned subsidiary of GFI Group Inc. (Nasdaq: GFIG), a leading inter-dealer broker specializing in over-the-counter derivatives products and related securities. GFI provides brokerage services, market data and analytics software products for a range of credit, financial, equity and commodity instruments. GFI operates one of the largest OTC energy brokerage businesses in North America both directly and through its wholly owned subsidiaries Amerex and StarSupply.

For more information, contact:

Melissa Gist
Marketing Director
Amerex Brokers LLC
281-340-5206
mgist@amerexenergy.com
 

Forward-looking statement
Certain matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words “anticipate,” “believe,” “estimate,” “may,” “might,” “intend,” “expect” and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: economic, political and market factors affecting trading volumes; securities prices or demand for the Company’s brokerage services; competition from current and new competitors; the Company’s ability to attract and retain key personnel, including highly-qualified brokerage personnel; the Company’s ability to identify and develop new products and markets; changes in laws and regulations governing the Company’s business and operations or permissible activities; the Company’s ability to manage its international operations; financial difficulties experienced by the Company’s customers or key participants in the markets in which the Company focuses its brokerage services; the Company’s ability to keep up with technological changes; and uncertainties relating to litigation. Further information about factors that could affect the Company’s financial and other results is included in the Company’s filings with the Securities and Exchange Commission. The Company does not undertake to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.