Allegro Launches CTRM Mobile Application

Allegro Development Corp., a global leader in commodity trading and risk
management (CTRM) software, set a new CTRM industry standard today by
announcing the launch of its mobile application.

Allegro’s iOS and Android compatible CTRM mobile app provides traders,
risk managers, back office and IT professionals with the ability to view
reports, manage approvals and receive real- time notifications on any
mobile device from any location in the world. With these capabilities
now available, commodity professionals will have 24-hour remote access
to real-time data, workflow approval and position visibility without
being chained to their desks.

The first Allegro customer to go live on the CTRM mobile application is
Par Pacific Holdings Inc., an innovative American energy company that
identifies, acquires and operates energy and infrastructure companies
with attractive competitive positions. Par Pacific chose Allegro’s
software and mobile application solution to obtain additional real-time
visibility into its crude refining processes, thereby improving risk
positioning.

Frank Brienzi, CEO, Allegro:
“We are proud to announce that
Allegro has launched the commodity industry’s very first CTRM mobile
application. With the ability to view real-time data from any place at
any time, Allegro’s current and future customers will have a competitive
edge in the marketplace.”

William Pate, President and CEO, Par Pacific:
“We are
excited to be the world’s first energy company to have real-time mobile
access to trade data. Allegro’s new mobile application will enable us to
better manage our transactional workflow through approvals that can be
made remotely.”

About Par Pacific

Par Pacific Holdings, Inc., headquartered in Houston, Texas, owns,
manages and maintains interests in energy and infrastructure businesses.
Par Pacific’s strategy is to identify, acquire and operate energy and
infrastructure companies with attractive competitive positions. Par
Pacific owns and operates one of the largest energy infrastructure
networks in Hawaii with a 94,000-bpd refinery, a logistics network
supplying the major islands of the state and 91 retail locations. In
Wyoming, Par Pacific owns a refinery and associated logistics network in
a niche market. Par Pacific also owns 42.3% of Laramie Energy, LLC,
which has natural gas operations and assets concentrated in the Piceance
Basin in Western Colorado. To learn more about Par Pacific, visit their
website at www.parpacific.com.

About Allegro

Allegro is the gold standard in commodity management software for
companies who buy, sell, produce or consume commodities. For over 30
years, Allegro has delivered position visibility, risk management,
comprehensive controls and regulatory compliance through a forward
compatible, next-generation architecture that is built for your
business. Headquartered in Dallas, Texas, Allegro has offices in
Calgary, Dubai, Houston, Jakarta, London, Singapore and Zurich, along
with a global network of partners. Visit Allegro’s website at http://www.allegrodev.com.

View source version on businesswire.com: http://www.businesswire.com/news/home/20171018005318/en/

Source: Business Wire
(October 18, 2017 - 9:00 AM EDT)

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