The Linde Group Selects Allegro Energy Trading and Risk Management

  The Linde Group Selects Allegro Energy Trading and Risk Management

Global Leader in Industrial Gases to Manage Energy Procurement Operations with
                                  Allegro 8

Business Wire

DALLAS -- November 27, 2012

Allegro Development Corporation (“Allegro”), a leading provider of energy
trading and risk management (ETRM) software, announced today that The Linde
Group (“Linde”), a world-leading gases and engineering company, has selected
the Allegro 8 platform to manage its worldwide energy hedging activities.

Linde required a fully integrated system to support the company’s strategic
plan of streamlining and optimizing business processes related to the global
procurement of electricity, natural gas and emissions certificates, including
deal capture, settlement and accounting, risk management, global position
reporting as well as hedge accounting.

“Our main objective was to find a system that would support our energy
portfolio management with an international perspective, improve global
position management and risk reporting, and also automate complex business
processes like hedge accounting,” said Roland Pahl, Global Commodity Director
for Energy & Feedstock at The Linde Group. “Allegro 8 offers the strong
functional support for position consolidation across all of our procurement
locations and enables a firm basis for effective risk management, reporting
and accounting processes.”

Allegro will help Linde meet its business goals, including:

  *Ability to quickly and accurately capture power, natural gas and emissions
    trades and to manage those trades, including complex pricing,
    confirmations and settlement;
  *Consolidation of all energy hedge positions and related risks in one
    consistent basis;
  *Optimal decision making with timely and consolidated Mark-to-Market (MtM),
    Profit & Loss (P&L), P&L attribution and market exposure reporting;
  *Ability to mitigate credit risk with collateral management, counterparty
    exposure monitoring and advanced credit analytics;
  *Simplified and automated compliance with regulatory reporting
    requirements, such as hedge accounting under IAS39;
  *System-based implementation of audit proof and risk policy compliant
    processes in energy portfolio management;
  *Security and access controls with the ability to set position limits,
    create role-based user profiling and maintain audit trails; and
  *Extensibility to support integration and future software projects.

About Allegro

Allegro is a global leader in energy trading & risk management solutions for
power and gas utilities, refiners, producers, traders, and commodity
consumers. With more than 28 years of deep industry expertise, Allegro’s
enterprise platform drives profitability and efficiency across front, middle,
and back offices, while managing the complex logistics associated with
physical commodities. Allegro provides customers with agile solutions to
manage risk across natural gas, power, coal, crude oil, petroleum products,
emissions, and other commodity markets, allowing decision makers to hedge and
execute with confidence. Headquartered in Dallas, Texas, Allegro has offices
in Calgary, Houston, London, Singapore, Sydney and Zurich, along with a global
network of partners. www.allegrodev.com

About The Linde Group

The Linde Group is a world-leading gases and engineering company with
approximately 62,000 employees in more than 100 countries worldwide. In the
2011 financial year, Linde generated revenue of EUR 13.787 bn. The strategy of
the Linde Group is geared towards long-term profitable growth and a focus on
the expansion of its international business with forward-looking products and
services. Linde acts responsibly towards its shareholders, business partners,
employees, society and the environment – in every one of its business areas,
regions and locations across the globe. The Linde Group is committed to
technologies and products that unite the goals of customer value and
sustainable development.

For more information, see The Linde Group online at http://www.linde.com.

Contact:

Allegro Development Corporation
Samantha Johnston, 214-237-8149
media@allegrodev.com