Company to Demonstrate Allegro 8.0 “Powered by SAP NetWeaver®”

DALLAS, Texas, April 29, 2008 – Allegro, a leading energy trading and risk management (“ETRM”) solutions provider (www.allegrodev.com), today announced that it will be exhibiting at the 2008 ASUG Annual Conference and the SAPPHIRE® 2008 conference being held May 4-7.  Allegro will be demonstrating its’ latest release, Allegro 8.0 –  which– which has achieved “Powered by SAP NetWeaver®” status.  Stop by booth 682 for a product demonstration of how Allegro continues to provide The Best-Run Businesses with solutions to solve daily commodity challenges.

For over two decades, Allegro solutions have delivered a consistent return-on-investment to the world’s most renowned distributors, consumers, and producers of commodities.  Allegro 8.0 - the latest release and culmination of Allegro’s deep industry experience - employs Grid Computing to provide customers with real-time Profit & Loss, Value at Risk (VaR), Mark to Market (MtM), exposure and other metrics.  Allegro 8.0 users benefit from an Interactive Transaction Environment enabling risk managers to view existing positions and to dynamically optimize them.  SOA simplifies deployment of Allegro and allows users to quickly expand into new functionalities and markets.

SAPPHIRE 2008 Orlando is SAP’s premier business technology event, designed to introduce new initiatives, solutions, products, and services to conference attendees who benefit from the experiences of SAP professionals, partners, and customers.   The ASUG Annual Conference is the premier educational event designed by SAP customers, for SAP customers. The event supports ASUG's year-round community by offering customer presented education sessions, informal networking opportunities and the exclusive opportunity to influence the future product and service direction of SAP to those individuals working with SAP day-in and day-out.

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.