“Allegro demonstrated the ability to handle the unique aspects of our coal business, including managing multiple coal types and qualities, logistics across multiple methods of delivery, the need for real-time data, and comprehensive reports around pricing, value, and risk, all on a single platform.”

SUEK AG

Allegro Development Wins Silver Award for Excellence in Energy Technology from Commodities Now

Recognized for Substantial Impact to the Energy Business in 2009

DALLAS, Texas, December 14, 2009 – Allegro, the leading provider of energy trading and risk management (ETRM) solutions, announced today that it has received the Energy Business Awards 2009 Silver Award for Excellence in Energy Technology.  This is the second consecutive year that Allegro has been recognized for making a significant impact on the way energy business is conducted.  Allegro was selected for its substantial contribution to improving trading efficiency and effectiveness through energy industry expertise and comprehensive solutions.

“Allegro’s 25th anniversary year has been celebrated with an unprecedented number of new product introductions that directly address the most pressing concerns of our customers for trading transparency and skillful risk management,” said Kevin Kohleriter, Allegro’s Director of Marketing.   “We’re thrilled to have our efforts recognized again with this prestigious award, and consider it a validation of our ongoing strategy to provide customer-centric, real-world ETRM solutions.”

Guy Isherwood, publisher and editor of Commodities Now magazine, and co-founder of the Energy Business Awards said, “Allegro was recognized for the second consecutive year as a result of their continued commitment to innovating energy technology that drives value for global energy companies.”

Now in its eighth year, the Energy Business Awards are organized by Commodities Now magazine and The Energy Partnership, a market intelligence firm and energy advisory service. Candidates are nominated by energy industry practitioners and other relevant institutions in a variety of categories. The Awards Panel then chooses five candidates from each discipline and an online vote determines the recipients.  This year, over 9,000 votes were cast among 15 categories.

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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