N@N

PROS Raises Bar Again with Latest Innovations in B2B Pricing Software

^{Published on 2010-10-06 15:16:07 - Market Wire}
 

HOUSTON--([ BUSINESS WIRE ])--[ PROS ] (NYSE: PRO), the world leader in business-to-business pricing and margin optimization software, announced several innovations for its customers of its market leading PROS Pricing Solution Suite (PPSS). Developed in collaboration with its growing list of Fortune 2000 customers, the latest version of PPSS delivers new and upgraded capabilities that further increase profitability, accelerate time-to-value, and reduce total cost of ownership, ensuring:

"Our mission is nothing short of total customer success, and these enhancements will create profound value for PROS customers"

• Faster time to value. To ensure customers can conduct pricing implementations at the speed of business, users are able to make even more changes quickly and easily through the PROS user interface.
• Increased competitive agility. PROS has further enhanced the capability for customers to predict and anticipate competitor pricing moves, resulting in more accurate, targeted price setting to guard market share.
• Seamless user experience for Salesforce.com users. PROS enables Salesforce.com users to generate quotes even more quickly with instant access to targeted, account-centric price guidance. From directly within a Salesforce.com quote, a few clicks will allow users to apply changes and instantly generate an optimal new quote.
• Reduced complexity and faster pricing updates across the enterprise. PROS gives companies the ability to automatically update price changes for products that feature configurable components. Companies, such as high-tech manufacturers, can now update prices across all relevant products easily and quickly when the cost of a component, such as a motherboard, or even a set of chips, changes.
• Greater support for field sales negotiations. Using PROS, sales reps can submit and receive deal approvals via the iPhone, along with offline deal pricing insights that now include customer cash flow performance.

aOur mission is nothing short of total customer success, and these enhancements will create profound value for PROS customers,a said Andres Reiner, PROS Executive Vice President. aThe market has spoken. Companies clearly want a world-class pricing solution that can be widely used throughout their organizations and can be installed and maintained through configuration instead of custom coding. Wea™re delighted to raise the bar even higher on what customers can expect in terms of ROI, time-to-value, and total cost of ownership.a

As the pricing optimization software of choice for a growing list of global manufacturers and distributors, PROS Pricing Solution Suite allows customers to utilize a set of integrated software tools and supporting services based on three primary modules, including Scientific Analytics, Price Optimizer and Deal Optimizer, which help companies unlock the value hidden in their data to improve financial performance. To learn more visit [ www.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 hundreds 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 300 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 aboutthe 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 includePROS' 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 is 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.