PROS Hosts Pricing Summit in Santa Clara for High-Tech Companies

 Sessions highlight real world examples of how high tech firms
can achieve better profitability with new pricing practices

Houston, Texas – June 11, 2010 — PROS (NYSE: PRO), the world leader in pricing and margin optimization software, will host a summit for pricing executives on June 17, 2010 at the Hilton Santa Clara in Santa Clara, California. Executives from global B2B high technology companies attending the event will learn from real world examples about how pricing optimization strategies and profitability management can significantly grow their margins.

A sample of speakers and topics at the summit includes:

  • Pricing expert Noha Tohamy, Vice President at AMR Research addressing how “Pricing and Profitability Optimization Become a Mandate in This New Economic Era.”
  • John Norkus, Principal at Deloitte Consulting LLP speaking about “Price Optimization, Execution, and PROS – now we’re making money.”
  • Kevin Mitchell, President of the Professional Pricing Society covering “Trends and Observations within the Pricing Community.”

“High tech companies executives who attend will see how their peers are achieving pricing excellence technology to implement price optimization strategies that improve business and financial performance and achieve the highest possible ROI and profitability for their companies,” said PROS’ Chief Marketing Officer, Tim Girgenti. “This is a must-attend event for companies interested in learning about the results their peers are achieving in the hi-tech industry through pricing automation and best practices.”

The Santa Clara event is part of a series of PROS Pricing Summits that began early this year, and are free to executives by registering in advance via the Internet. “I found the summit delivered a lot of good information relating to the psychology of pricing along with an excellent assortment of speakers and discussions,” according one attendee who attended the PROS summit March 18 in New York City.

About PROS
PROS Holdings, Inc. is the leading provider of pricing and revenue 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 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 statement 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.

Media Contacts:
PROS
Corporate Communications
CorpComm@prospricing.com