Astra Power Selects Allegro Development for its natural gas marketing operations

DALLAS — April 1st, 2004 — Allegro 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 that they truly need, Allegro Development can provide a tangible and rapid return on investment for our clients,” said Mr. Eldon Klaassen, founder & President of Allegro Development. “We are pleased that Astra Power has selected Allegro and we will work diligently 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 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 producers, coal producers, first purchasers, crude oil traders, refiners, fuel distributors, energy merchants, municipals, natural gas utilities, power generators, power utilities, energy retailers, and energy consumers.

For more information, please visit or call on 214-237-8000

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