Allegro Completes Implementation of End-To-End Energy Software Suite at Astra Power.

DALLAS -- Allegro Development today announced it has completed implementation of its industry-leading energy trading, transport and risk management software at Astra Power, located in Huntington Beach, California. Licensed in early 2004, Astra Power selected the complete Allegro v.7 suite to support full integration of its natural gas and financial operations onto a single, enterprise-wide platform for enhanced decision support, and greater visibility and management of physical and financial processes and transactions.

"Disparate business systems and processes impacts our ability to effectively set business strategy, evaluate trading decisions and manage complexity and risk," stated Kristi Shaw, controller, Astra Power. "Implementation of the Allegro solution provides complete integration between physicals and financials. For the first time, with a single query, we can instantly evaluate Value at Risk (VaR), market-to-market, positions and other key factors on both sides of the organization. Additionally, financial processes have been automated eliminating the need for duplicate data entry. This has resulted in enhanced productivity with full audit and compliance capabilities."

"The implementation process has been smooth," continued Shaw. "The Allegro team has demonstrated a deep understanding of our business and the solution has proven to be flexible and easily adaptable to the unique requirements of our organization. This flexibility has given us a high degree of confidence that as we develop new strategies for the future, such as multi-commodity trading, the Allegro solution will scale and add value over the long haul."

Allegro utilizes a true n-tier architecture based on XML Web services under Microsoft's .Net providing customers with unparalleled choice, configurability, and flexibility. Allegro software components support multiple commodities, multiple units of measurement and multiple time periods. As a result, Allegro can supply an entire solution ranging from contract management, through trading, position keeping and scheduling, to settlement and invoicing. Allegro's integrated approach means that all necessary data to effectively manage a utility's operations are at the user's fingertips. Access to centralized data and the elimination of off system data and unsupported spreadsheets allows users to make better business decisions and reduces business risk.

About Allegro Development

Allegro Development designs and delivers energy trading, transport 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 -- enabling companies throughout the energy industry to gain compelling advantages while keeping pace with volatile markets and emerging strategies. Allegro advantages include more accurate understandings 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. For more information, visit: www.allegrodevelopment.com.