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Astra Power Selects Allegro Development for its Natural Gas Marketing Operations; Allegro's Unique Integration Capabilities Will Provide Immediate Business Benefits.


Energy Editors/Business Editors

DALLAS--(BUSINESS WIRE)--April 1, 2004

Allegro (operating system) Allegro - The code name for the major Mac OS release due in mid-1998.

http://devworld.apple.com/mkt/informed/appledirections/mar97/roadmap.html.
 Development today announced that Astra Power has licensed a complete set of Allegro software components to support its natural gas marketing and financial operations. Key to Astra Power's decision was Allegro's unique integration capabilities. Allegro software will seamlessly support the entire business process from deal capture to production of financial statements eliminating the need for dual data entry at the company.

"Astra Power expects to see an immediate business benefit from its use of Allegro's software," reports Ms. K. Shaw, controller, Astra Power. "By eliminating the need to enter the same data twice, Astra Power will save time and money, gain access to more timely business and financial data."

Allegro's innovative component software architecture will enable Astra Power to quickly deploy applications that are fully aligned to its business processes. The new software will support the entire business process including; scheduling, accounting and settlement, risk management and reporting for the company's natural gas marketing activities. In addition, Allegro's component architecture helps to deliver a rapid return on investment and will efficiently scale to meet Astra Power's future requirements.

"By ensuring that our software solutions provide users with the configurability and seamless integration An addition of a new application, routine or device that works smoothly with the existing system. It implies that the new feature or program can be installed and used without problems. Contrast with "transparent," which implies that there is no discernible change after installation.  that they truly need, Allegro Development can provide a tangible Possessing a physical form that can be touched or felt.

Tangible refers to that which can be seen, weighed, measured, or apprehended by the senses. A tangible object is something that is real and substantial. An automobile is an example of tangible Personal Property.
 and rapid return on investment for our clients," said Mr. Eldon The name Eldon can refer to several places and people: Places
  • Eldon, County Durham, England
  • Eldon Lane, County Durham, England
  • Old Eldon, County Durham, England
  • Eldon, Missouri, USA
  • Eldon, Iowa, USA
  • Eldon, Oklahoma, USA
 Klaassen, founder & president of Allegro Development. "We are pleased that Astra Power has selected Allegro and we will work diligently dil·i·gent  
adj.
Marked by persevering, painstaking effort. See Synonyms at busy.



[Middle English, from Old French, from Latin d
 to help them gain access to the business benefits that our software is designed to provide."

About Allegro Development

Allegro Development develops software for the energy industry, with twenty years TWENTY YEARS. The lapse of twenty years raises a presumption of certain facts, and after such a time, the party against whom the presumption has been raised, will be required to prove a negative to establish his rights.
     2.
 experience of providing uniquely flexible and configurable solutions. Allegro software components manage the production, purchase, transport, sale, and consumption of natural gas, electric power, crude oil, natural gas liquids, refined products, and coal. Allegro customers include the world's leading oil and gas producers, gas processors, pipelines, petrochemical petrochemical, any one of a large group of chemicals derived from a component of petroleum or natural gas. The cracking processes for manufacturing gasoline produce vast quantities of gaseous hydrocarbons.  producers, coal producers, first purchasers, crude oil traders Traders

Individuals who take positions in securities and their derivatives with the objective of making profits. Traders can make markets by trading the flow. When they do this, their objective is to earn the bid/ask spread.
, refiners, fuel distributors, energy merchants, municipals, natural gas utilities, power generators, power utilities, energy retailers, and energy consumers.

For more information, please visit www.allegrodevelopment.com or call on 214-237-8000.
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Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 1, 2004
Words:359
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