PROS First to Lead B2B Pricing Event at NYSE Euronext (NYSE: NYX)

Tue May 19, 12:18 PM
      PROS (NYSE: PRO), the world leader in pricing and revenue optimization 
      science and software, today announced the success of the New York stop 
      on the PROS Global Price 
      Optimization Leadership Seminar Series, held onsite at the New York 
      Stock Exchange.
Enlarge Photo

(Business Wire)

HOUSTON--(BUSINESS WIRE)--PROS (NYSE: PRO), the world leader in pricing and revenue optimization science and software, today announced the success of the New York stop on the PROS Global Price Optimization Leadership Seminar Series, held onsite at the New York Stock Exchange. Seminar keynote speakers Accenture (NYSE: ACN) and Microsoft (NasdaqGS: MSFT) reinforced their commitment to supporting PROS to deliver advanced pricing science and scalable software with the fastest time-to-value and lowest total cost of ownership. Clearly illustrating the message of rapid and high return on investment, delegates heard how a B2B company recently replaced their pricing system, turning to PROS to identify millions of dollars in actionable revenue improvement in fewer than 30 days.

“PROS customers have compelling stories to tell about how their businesses have changed the game with PROS pricing solutions,” said Jeff Robinson, SVP, PROS. “Over 100 companies have chosen PROS as their partner to achieve the powerful benefits of pricing and margin improvement, and an event like this allows our customers to share those stories with companies just starting the journey – today we heard some very powerful stories.”

Executives have asked for timely and targeted updates on price optimization innovation and industry leading pricing science. In today’s challenging environment, only PROS is positioned to provide B2B leaders a price-based competitive advantage to manage current challenges and emerge stronger.

“The fact that we are the only publicly traded price optimization software vendor with no debt and 10 consecutive years of profitability clearly demonstrates the unique credibility PROS brings to the table when speaking to B2B companies about best-practices in price and margin optimization,” said Jeff Robinson, SVP, PROS. “In addition to being one of the most important criteria for vendor selection, our strong financial viability allows PROS to invest in pricing science and technology to innovate and provide long-term value to our customers at a rate that is unmatched in the pricing software space.”

Upcoming PROS Pricing Leadership Seminars are scheduled for June 9, 2009 in Huntington Beach, CA and June 11, 2009 in Santa Clara, CA. In addition, registration is now open for the PROS European Price Optimization Forum in Frankfurt, Germany on September 28-29, 2009. For more information on PROS’ Pricing Leadership Seminars, webinars, or to request whitepapers and case studies, please visit www.prospricing.com or email your request to info@prospricing.com.

About PROS

PROS Holdings, Inc. (NYSE: PRO) is a leading provider of pricing and margin optimization software products, specializing in price analytics, price execution, and price optimization. By using PROS' software products, companies gain insight into their pricing strategies, identify pricing-based profit leaks, optimize their pricing decision making and improve their business processes and financial performance. PROS' software products implement advanced pricing science, which includes operations research, forecasting and statistics. PROS high performance software architecture supports real-time high volume transaction processing and allows PROS to handle the processing and database requirements of the most sophisticated and largest customers, including customers with 100's of simultaneous users and sub-second electronic transactions. PROS provides professional services to configure its software products to meet the specific pricing needs of each customer. PROS has implemented over 200 solutions across a range of industries in more than 40 countries.

Founded in 1985, PROS is headquartered in Houston, Texas. Today, PROS has over 350 employees, more than 100 with advanced degrees and over 25 with Ph.D.s. To learn more about PROS, please visit www.prospricing.com.

Forward-looking Statements

This press release contains forward-looking statements, including statements about the functionality of the PROS products and their ability to manage and forecast across an enterprise. The forward-looking statements contained in this press release are based upon PROS historical performance and its current plans, estimates and expectations and are not a representation that such plans, estimates or expectations will be achieved. Factors that could cause actual results to differ materially from those described herein include PROS ability to develop new products and product enhancements with the required functionality desired and PROS ability to implement and support successfully its products to the expectations of its customers. Additional information relating to the uncertainty affecting the PROS business are contained in PROS filings with the Securities and Exchange Commission. These forward-looking statements represent PROS expectations as of the date of this press release. Subsequent events may cause these expectations to change, and PROS disclaims any obligations to update or alter these forward-looking statements in the future, whether as a result of new information, future events or otherwise.

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PROS
Corporate Communications
713-335-5197
CorpComm@prospricing.com