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Allegro Development Expands Board

Dallas-based Allegro Development, a developer of energy trading and risk management software, said Wednesday that it has named Ray Hood to its board of directors. Hood is the President and CEO of Qumu, and has previously served as founder and Managing Director at Rodin Management LP, President and CEO of SensorLogic, and President and CEO of EXE Technologies. The firm said Hood also sits on the board of OneNetwork.