PROS Partners with Cast Iron Systems to Simplify Integration

PROS Customers Can Now Integrate Their Applications in Days


Houston, Texas – December 17, 2009 —PROS (NYSE: PRO), the world leader in enterprise pricing software, announced today that it has teamed with Cast Iron Systems, the #1 SaaS and Cloud Integration Company, to simplify application integration for their customers.  PROS is now a Platinum-level Powered By Cast Iron™ partner, offering dramatically simplified interface development and integration between its profitability management and optimization software product, PROS Pricing Solution Suite, and the wide variety of business applications, including SAP, Oracle eBusiness Applications, Salesforce.com and Microsoft Dynamics. PROS customers can use Cast Iron’s integration solutions to rapidly connect the PROS Pricing Solution Suite with hundreds of applications in real-time to access information locked away in these applications.

Cast Iron Systems aligns itself with companies that have a high level of competence and expertise, making PROS a natural choice within the profitability management and optimization software space. “Both Cast Iron Systems and PROS believe in configuration versus custom coding integrations,” explained Ron Wastal, Cast Iron Systems’ Vice President of Sales and Business Development. “Our similar methodology will ensure that PROS’ customers can quickly and efficiently migrate data into the PROS application, orchestrate pricing processes across systems, and pull pricing information together to manage profitability.”

 Integration is one of the biggest concerns for companies considering best of breed enterprise applications. Cast Iron’s integration solutions efficiently address issues relating to integration, enabling PROS to provide out-of-the-box integration and services for both its SaaS and on-premise customers.

“PROS leads the B2B space in achieving increased profitability faster because our industry specific packaged solutions allow our customer to achieve value in days,” said Andres Reiner, PROS Executive Vice President.  “This strategic partnership with Cast Iron Systems will enable us to offer seamless pre-packaged integration to all major 3rd party enterprise applications while at the same time providing both an on-premise and Cloud delivery model.”

About Cast Iron Systems

Founded in 2001, Cast Iron Systems is the #1 SaaS and Cloud Integration Company™. Cast Iron has thousands of deployed customer integrations across all industries and around the world at companies such as Allianz, British American Tobacco (BAT), Amerisource Bergen, Emerson, IBA Molecular, Krueger International, Peet's Coffee & Tea, PGP Corporation, and salesforce.com, among many others. All are benefiting from the simplicity, speed, and flexibility of the Cast Iron Integration Solution, which enables them to integrate Cloud-based and SaaS applications with the rest of the enterprise in just days. Backed by Sequoia Capital, Norwest Venture Partners, and Tenaya Capital. Cast Iron is privately held and led by experienced technology executives from Informatica, Oracle, PeopleSoft, Siebel, Vitria, and webMethods.

 

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.

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