“We believe that Allegro ETRM, which can scale with the future growth of our business, offers a comprehensive natural gas solution which will enable a streamlined implementation and solid return on our investment. As PNG grows its asset base and our volumes increase, we need a fully integrated platform and tools that enable optimal decision making,”

Plains All American Pipeline, L.P.

Allegro Ranks 15th in Medium-Sized Companies in Best Companies to Work for in Texas
DALLAS, TX, December 10, 2009 – Dallas-based Allegro Development, the leading provider of energy trading and risk management (ETRM) solutions, has been named as one of the 2010 Best Companies to Work for in Texas.

The awards program is a project of TEXAS MONTHLY Magazine, the Texas Association of Business (TAB), the Texas State Council of the Society for Human Resource Management (TSC-SHRM) and Best Companies Group.  This survey and awards program was designed to identify, recognize and honor the best places of employment in Texas, benefiting the state's economy, its workforce and businesses.

“This recognition is a great way for us to close out our 25th Anniversary celebration in 2009,” said Eldon Klaassen, Allegro founder and CEO.   “Since our inception in 1984, we’ve worked very hard to attract and retain exceptional talent and top industry subject matter experts.  That effort has paid off in the unmatched quality of our products and the unparalleled enthusiasm of our people in serving leading energy companies.”

A two-part process was used to determine the Best Companies to Work for in Texas.  The first part consisted of an evaluation of each nominated company's workplace policies, practices, and demographics, and was worth approximately 25% of the total score.  The second part consisted of an employee survey to measure the employee experience, which was worth approximately 75% of the total score.  The combined scores determined the top companies and final ranking.

Adrianne Court, Allegro Vice President of Human Resources & Education, noted that, “Allegro’s commitment to investment in continuous learning and employee development, exemplified with the launch of Allegro University, is truly what sets us apart from other employers and our competitors.”

Allegro will be honored at the Best Companies to Work for in Texas awards ceremony on Thursday, January 28, 2010 at the Texas Association of Business 2010 Annual Conference.  The final rankings will be announced at the luncheon.

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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