“Trading at the Speed of Light – How New Technology is Changing the
Landscape of Energy Trading”

DALLAS, Texas, February 27, 2008 – Allegro, a leading provider of energy trading and risk management (“ETRM”) solutions (www.allegrodev.com), announces its’ CEO and founder, Eldon Klaassen, will deliver the 2008 Keynote Presentation to FLAME, Europe’s largest and most comprehensive gas & LNG event on March 5th in Amsterdam.  Join Allegro at the 2008 FLAME conference and hear industry pioneer and software solutions leader Eldon Klaassen deliver the keynote presentation: “Trading at the Speed of Light — How New Technology is Changing the Landscape of Energy Trading.”

Mr. Klaassen’s presentation will focus on how new technology is enabling traders and businesses to quickly evaluate and execute transactions, accelerating the pace of all business processes within the energy value chain from position optimization to strategy development and price simulation to trade execution, confirmation and settlement.  Mr. Klaassen will also discuss the phenomenal power grid computing brings to traders and risk managers, the twin effects of high speed trading on volatility, how an interactive trading environment functions, and why data access, collection and analysis will never be the same.

Stop by this special keynote address and visit our Allegro exhibit at the FLAME conference to preview Allegro 8.0, and see the newest, most innovative software release to date.

Allegro 8.0 highlights include:

• Grid computing - Allegro 8.0 reaps the benefits of grid computing by enabling all users to view real-time valuation, scheduling, settlement data, and more.  Businesses can easily scale processing capabilities to match growing portfolios.  End of day and batch processes have become obsolete with grid computing as valuations are performed in real-time on a continuous basis.
• Interactive Transaction Environment (“ITE”) - The ITE enables traders and marketers to view existing positions while simulating, optimizing, and executing transactions within Allegro to electronic exchanges.  The Allegro ITE allows traders to quickly test and leverage their intuition utilizing on-demand optimization and simulation engines to live markets.
• Platform for Standard Integration Components - Customers benefit from a platform for standard integration components into the marketplace and clients’ enterprise systems, along with partner developed integration components that provide direct connectivity to sources like Platts, Logical Information Machines (LIM), Financial Engineering Associates (FEA), and capability to interface with SAP, and commodity exchanges.

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.