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PROS Revenue Management Announces PROS Groups 6: The Next Generation in Airline Groups Revenue Management

Houston, Texas – July 20, 2005 —  PROS Revenue Management, a world leader in pricing and revenue optimization science and software, and the pioneer and dominant provider of revenue optimization to the travel and transportation industry, today announced the design and development of the PROS Groups 6 Revenue Management System. PROS Group 6 is scheduled for general release in June 2006.

The PROS Group 6 Revenue Management System will revolutionize the airline group acceptance process. By applying the latest in revenue management science and technology, the PROS Group 6 Revenue Management System will provide:

  • Revenue-increasing benefits
      • Improved acceptance price calculation
      • Enhanced negotiation methodology
      • Re-designed group materialization technology with seasonality and bad-data flagging mechanisms
  • Reporting benefits
      • Intuitive Dashboards with drill-down capabilities
      • Interactive alerts and reporting for executives, managers and analysts
      • Quick access to critical information at summarized and detailed levels
  • Productivity-increasing benefits (potentially cutting in half the number of requests processed by analysts)
      • Re-designed autopilot, supporting refined parameter levels to intelligently cover significantly more business cases
      • Optimized workflow with fewer clicks and screens to accomplish each task; based on input from dozens of the world's leading airlines
      • Web-based interface optimized for user productivity
  • Technology benefits
      • Improved performance
      • Improved administration
      • Web Service interfaces

"PROS Group 6 is the exciting culmination of many years of group revenue management experiences across the PROS global customer base. This is a major step in the evolution of the PROS Group product line" said Surain Adyanthaya, Senior Vice President, Airline Solutions. Among the many benefits of PROS Group 6, optimization of the group acceptance process is the cornerstone of providing capabilities that will reinforce the knowledge users have of their markets. This allows users to proactively focus on markets that need attention.

On Tuesday, August 16th, 2005 at 9:00am US Central Time, PROS Revenue Management will host a special preview web seminar to introduce the new PROS Groups 6 Revenue Management System. The Web format of the seminar will allow participants to attend from remote locations, ask questions in real- time, and interact with the presenter through an internet browser. This seminar is free of charge. To sign up for this web seminar, please send an email with your name, company, email, phone number, and web seminar that you wish to attend to workshops@prospricing. Interested participants will be contacted to receive seminar access information.

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PROS Corporate Communications

email: info@prospricing

phone: 713.335.5151 / fax: 713.335.8144