Allegro Sets New Standard for Credit Risk Management with Launch of Credit 8.1

Complete Credit Risk Visibility and Real-Time Counterparty Analysis at the
Customer`s Fingertips
DALLAS--(Business Wire)--
Allegro, the leading provider of energy trading and risk management (ETRM)
solutions has announced the release of Credit 8.1, a major upgrade within the
Allegro 8 platform that addresses the industry`s need for more robust
measurement and monitoring of credit risk.

Drastically fluctuating commodities prices are forcing companies to face much
greater financial exposure which can be broken down into three main areas:

* Volatility - Commodity price volatility is translating into higher uncertainty
in cost of goods. The result is significantly increased credit exposure due to
price uncertainty of the commodity being transacted.
* The Credit Crisis - Increasingly tight credit markets greatly increasing the
risk of counterparty transactions.
* Counterparty Management - Issues managing the growing amount of counterparty
credit data and the currency of that data.

Existing methods of evaluating and managing credit risk between counterparties
are lacking in these areas so that companies do not have the ability to measure
current and future exposure, or build robust credit risk models to accurately
rate counterparty credit scores in a timely manner.

Allegro has delivered comprehensive capabilities and first-to-market
functionality with Credit 8.1, which is inherently integrated with both Allegro
contract management and trade execution to reduce commodity transaction risk. It
evaluates every aspect of a counterparty`s credit risk and liquidity to evaluate
their current and potential future credit risk exposure. It also automates the
process of acquiring comprehensive, current and accurate credit data to reduce
the burdensome and error-prone task of getting credit data into the system. All
of this, seamlessly integrated with the Allegro 8 platform.

"For an industry keenly aware of the risks inherent to commodity trading, even
well-managed energy companies were caught unprepared by the epic price
fluctuations of 2008 and subsequent credit market collapse," said Michael W.
Hinton, Allegro Chief Marketing Officer. "Today, every energy-related
transaction, from production to consumption, faces increased credit and
liquidity risks. Credit 8.1 provides the tools and transparency business
managers need to meet this new challenge."

Hinton noted that Credit 8.1 is clearly a "next generation" credit risk
management solution that was developed in collaboration with several of
Allegro`s largest clients, each representing different transaction models across
the energy industry. Their perspectives influenced the product from its initial
concept, and each company successfully tested the solution in a real-world
environment.

For more information about Allegro 8 and the Credit 8.1 risk management
solution, visit www.allegrodev.com/credit.

Allegro
Christie Lindstrom, 214-237-8117
media@allegrodev.com

Copyright Business Wire 2009