Houston, Texas – August 04, 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 PROS O&D 1.7.4, the newest version of its origin- destination revenue management solution for the airline industry.

PROS O&D 1.7.4, which will be released this quarter, includes enhancements that will simplify the revenue management analysts’ daily workflows and contribute to an airline’s revenue stream. These enhancements include:

• Full integration of the PROS hybrid forecasting functionality into the demand forecasting engine. This will permit customers who have licensed the PROS hybrid forecaster technology to model more effectively buy-up and sell-down customer behavior in a restriction-free pricing environment
  
• Collection of availability data for seamless migration to hybrid forecasting, as well as enhanced decision support and analysis capabilities
  
• System-proposed auto decay to enhance the decision support and influencing capabilities of the demand analyst
  
• Configurable fare look-up functionality that supports an airline’s decentralized pricing structure
  
• Configurable airport groupings that guarantee the same fare values for availability accept/reject decisions in common-rate markets
  

“We are excited about PROS O&D 1.7.4 and the high value features it will introduce to the market place. The enhancements included in this release will permit airline revenue management departments to manage better the demand forecasts and to employ effective strategies in a restriction-free pricing environment. These enhancements will contribute positively to an airline’s ability to maximize its revenue,” said Brian Wishlinski, Group Vice President for Airline Solutions.

 

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PROS Corporate Communications

email: info@prospricing

phone: 713.335.5151 / fax: 713.335.8144