“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 Customer Summit 2008 A Resounding Success

Customers, Partners and Industry Experts Make Lasting Connections

DALLAS, Texas, October 17, 2008 – Allegro, a leading provider of energy trading and risk management (“ETRM”) solutions, is pleased to announce that more than 250 members of the Allegro EcoSystem, including customers, partners and analysts, gathered this week in Dallas, Texas for the Allegro 2008 Customer Summit.  In addition to industry experts and three tracks of breakout sessions, Allegro offered two days of in-depth customer training on several versions of Allegro.

The theme of the 2008 Customer Summit was “Partnering for Success – The Allegro Connection,” and was an opportunity for customers to develop lasting business connections and maximize their investment in Allegro solutions.

“The Customer Summit was an outstanding success and an event that brought real value to our customers,” states Eldon KIaassen, Allegro CEO and Founder.  “As Allegro continues to accelerate our growth in the ETRM market, we also want to focus on delivering an unparalleled return on investment to our current global customer base.  Based on feedback we’ve received, that goal has been achieved.”

Among the many highlights of the Customer Summit, keynote speakers included James Burkhard, Managing Director of the Global Oil Group of Cambridge Energy Research Associates (CERA) and Dr. Vincent Kaminski, Professor at Rice University and an industry authority on risk management.  The keynote speakers drew on their many years of experience and expertise to deliver insight into volatility in crude oil and commodity markets and the significant role risk management plays in today’s energy industry.

As a surprise guest speaker, Roger Staubach, legendary football hall of famer and Heisman trophy winner, discussed the correlation between the importance of leadership and team-building in sports and business.

Allegro would like to thank the sponsors who helped support the Customer Summit;  Gold Sponsor, Logical Information Machines (LIM), Silver Sponsors, Deloitte and Structure Group, and Bronze Sponsors, Sirius Solutions, Microsoft, Indra, Platts, FEA, GlobalView and Trading Technologies.


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.