PROS Announces Partnership with Professional Pricing Society

PROS Pricing Certification Awards Transfer for Certified
Pricing Professional Program


Houston, Texas – September 1, 2009 — PROS (NYSE: PRO), the world leader in B2B pricing and revenue optimization science and software, and the Professional Pricing Society (PPS), the leading professional society dedicated to pricing education and training, today announced a new partnership. 

PROS joins the PPS membership as a Pricing Technology Expert and exhibitor and sponsor of upcoming PPS conferences and webinars in the US and Europe.  In addition, PROS customers will benefit from the partnership as the over 100 pricing practitioners who have earned PROS Pricing Level 1 & 2 Certification Awards are automatically eligible to transfer PROS credits to the Certified Pricing Professional (CPP) program offered exclusively by the Professional Pricing Society.

“We are pleased to have PROS as a Pricing Technology Expert member and look forward to working closely with both them and their customers.  Pricing practitioners who have achieved PROS certification awards have an excellent foundation for continuing their education to become Certified Pricing Professionals,” said Kevin Mitchell, President & CEO, Professional Pricing Society.

PROS will attend and exhibit at the upcoming PPS Conferences in Orlando on October 21-23, 2009 and Brussels on November 25-26, 2009.  In addition, registration is now open for the upcoming PROS – Professional Pricing Society webinar on October 6, 2009:

Aligning Your Organization to Achieve Pricing Excellence:
Performance Management & Price Optimization

“This partnership with PPS is a great example of how PROS works with leading pricing communities to offer unique and value add experiences,” noted Andres Reiner, EVP, PROS.  “In addition to our leading price optimization software products, our customers appreciate the level of pricing expertise PROS brings to their organization with innovative and industry-leading programs.“

PROS Pricing Solution Suite (PPSS) empowers B2B manufacturing, distribution, and services leaders to understand how pricing impacts profitability and act strategically to improve both margins and customer satisfaction.  PROS helps companies bring scientific pricing strategies to market and negotiate pricing using scientifically optimized pricing guidance.  PROS customers have seen as much as $200M in annual revenue improvement with millions in profit improvement achieved in under 30 days.

To follow PROS’ blog on this topic and to view PROS video blog entries, please visit www.pricingleadership.com.  For a complete schedule of all upcoming PROS webinars please visit the PROS corporate website, 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 our software products, our customers gain insight into their pricing strategies, identify detrimental pricing practices, optimize their pricing decision-making and improve their business processes and financial performance. PROS' software products incorporate 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 our 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 25 with Ph.D.s.

 

About Professional Pricing Society
Founded in 1984, the Professional Pricing Society (PPS) serves thousands of members, representing leading industries all over the world. The Society's mission is to nurture a growing community of professionals committed to disseminating pricing expertise throughout the business world. PPS is the only professional organization to offer a pricing certification program, and offers its Certified Pricing Professional (CPP) program via online and live event workshops. Publications distributed to members include an eight-page monthly newsletter and a 36-page quarterly journal. Further, the PPS website (www.pricingsociety.com) is a central resource for state-of-the-art pricing knowledge and hosts a job site where professionals can post or review new opportunities in the industry. PPS also maintains a blog at and a Pricing Group on LinkedIn.

 

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.

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Media Contacts:
PROS
Corporate Communications
(713) 335-5197
CorpComm@prospricing.com