ACES Power Marketing Deploys Allegro Software.

DALLAS -- ACES Power Marketing (APM), a nationally recognized wholesale energy risk management and transaction execution service company, today announced that it has enhanced the quality of its energy trading, transaction execution and overall energy risk management through successful deployment of multi-commodity Allegro v.7 software.

"APM is aggressive about implementing advanced software technologies. We are always looking for ways to give our traders a competitive edge in developing and executing portfolio strategies for our members and customers," said Annette Stamatkin, Chief Information Officer, APM. "Our successful deployment of Allegro is an example of this strategy. This new software enables our traders to immediately capture transactions directly into our risk system. It also creates a more efficient, automated process for managing price indexes and curves. And it improves the timeliness of our transaction reporting."

Stamatkin noted that APM needed a solution that was highly integrated and extensible, yet flexible enough to accommodate changes to APM's business plan and service offerings. "With the deployment of Allegro, we are well positioned to support new services -- such as our recently announced coal and emissions risk management and hedging," said Stamatkin.

APM's business strategy is unique in the energy marketing and trading industry. It operates as an energy risk management and hedge manager, developing strategies, implementing trading controls, and managing transaction execution for multiple entities as their legal agent. Founded in February of 1999, APM is owned by fifteen power supply cooperatives. It also provides services to over 30 additional customers including cooperatives, municipals, financial institutions, independent power producers and power marketers. APM does not transact for its own account, nor does it speculate in the market for its owners or customers.

Allegro's technology is based on Microsoft(R) .NET Web Services implementation of the XML global standard, and modular software components. These components can stand alone, or be combined in a broader Allegro solution -- seamlessly integrating with front, middle and back office processes. This makes Allegro v.7 highly configurable and extensible.

Allegro Development designs and delivers energy trading, transaction and risk management software that gives traders, risk managers, and other decision-makers fully scalable, flexible solutions that are easy to integrate, deploy and modify. Allegro advantages include a better understanding of market dynamics and risk, unprecedented efficiencies and collaboration among teams across the enterprise, full integration of physical product management and financial transactions, and more. Now in its seventh major generation over 20 years, leading energy companies worldwide rely on Allegro.