“We were using disparate systems and time-consuming spreadsheets to manage our various business processes. With activity in many different aspects of the energy value chain, we were having difficulty getting real visibility into our portfolio and consolidated risk. We chose Allegro 8 for the completeness of the solution and the efficiency it brings to our operations.”
REPower
Allegro Named 2008 Software House of the Year – Asia, by Energy Risk Magazine

Company Recognized for Excellence in Energy Trading and Risk Management Solutions

DALLAS, Texas, August 11, 2008 – Allegro, a leading provider of energy trading and risk management (“ETRM”) solutions, today announced that it has been named “2008 Software House of the Year – Asia,” by Energy Risk Magazine.  This achievement is a result of Allegro’s continued excellence in customer service, return on investment, and efficient delivery of energy trading and risk management solutions in the Asian market.

Allegro continues to expand in global markets, and specifically in Asia-Pacific.  Selection as “Software House of the Year - Asia” highlights Allegro’s proven ability to develop and deploy integrated solutions to meet the varied needs of global energy companies.   Allegro’s deep knowledge of energy and commodity markets, coupled with unmatched flexibility and functionality, allows companies to efficiently manage both physical and financial businesses.   This unique value proposition has driven Allegro’s significant growth in the Asian market.  Since launching its Asia operation four years ago, Allegro counts many of Asia’s largest energy companies as customers.

“We are extremely pleased to receive the “Software House of the Year – Asia” recognition from Energy Risk,” Allegro Chief Marketing Officer, Michael W. Hinton states.  “Allegro has always been good at identifying solution needs in the energy market place and developing functionality that delivers measurable return on investment.  We have worked to build a strong reputation in the Asian market, and this award highlights that dedication.”

For more than two decades, Allegro has delivered proven commodity solutions that enable customers to accurately identify exposures and effectively manage their risk.  Allegro’s solutions drive business process efficiency and enable businesses to manage their assets while bringing transparency across the front, middle and back offices.

Read more about Allegro, and this esteemed achievement, in a feature article published in the August 2008 issue of Energy Risk Magazine.


About Allegro Development

Allegro is a global leader in energy trading & risk management solutions for power and gas utilities, refiners, producers, traders, and commodity consumers. With more than 27 years of deep industry expertise, Allegro’s enterprise platform drives profitability and efficiency across front, middle, and back offices, while managing the complex logistics associated with physical commodities.  Allegro provides customers with agile solutions to manage risk across natural gas, power, coal, crude oil, petroleum products, emissions, and other commodity markets, allowing decision makers to hedge and execute with confidence. Headquartered in Dallas, Texas, Allegro has offices in Calgary, Houston, London, Singapore, Sydney, and Zurich, along with a global network of partners.

For further information please contact Christie Lindstrom at media@allegrodev.com or +1.214.237.8117.

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