Allegro Appoints Farris CTO

Allegro Appoints Keith Farris as Chief Technology Officer

New Chief Technology Officer Will Oversee Product and Technology Development

DALLAS, Texas, July 6, 2015 – Allegro Development Corporation, a leading provider of commodity management software, announced today the appointment of Keith Farris as Chief Technology Officer. Mr. Farris comes to Allegro from JP Morgan’s FICC Technology Division where he led a global development team as Executive Director. He also served as Site Lead for the 1100 technologists in the Houston Tech Hub with responsibility for location strategy, cyber security and controls.

The move deepens Allegro’s executive strength, adding more than 20 years of proven experience in software to the company’s C-suite. Farris will oversee all areas of product and technology development.

“Keith is a seasoned veteran with deep experience in energy and commodity trading. He has served this industry as an implementation specialist, technology consultant and in various leadership positions. His background and expertise will elevate our development team to a higher standard incorporating best practices used by the world’s largest trading organizations,” said Frank Brienzi, Chief Executive Officer.

Prior to JP Morgan, Mr. Farris spent 10 years with MRE Consulting where he led implementation and system integration projects for Fortune 500 customers in financial and energy and commodity trading markets. Mr. Farris began his career in consulting at Arthur Andersen.

About Allegro

Allegro develops and markets integrated commodity management software providing position visibility, risk management, comprehensive controls and regulatory compliance. Allegro customers manage commodities from production to consumption, including oil and gas production, petroleum refining, agriculture and forestry, mining, chemicals, metals, food, transportation, commercial and utility sectors. Allegro software is tailored to the specific needs of each commodity, with a comprehensive set of features and functions to support profitable decisions. Allegro is headquartered in Dallas, with offices in Calgary, Dubai, Houston, Jakarta, London, Kuala Lumpur, Singapore, Sydney and Zurich.

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