Houston, Texas – October 13, 2005 — Systematic pricing is delivering increased revenues for more companies in more industries than ever before. The successes pricing technology has delivered are creating a buzz across many industries, from retail to manufacturing to financial services. As reported by the Yankee Group in July, “no other software delivers the same ROI: 10 percent to 20 percent profit improvement.”
We are excited to share the latest achievements and information in the Pricing and Revenue Optimization space. We hope to see you at the PROS Pricing Excellence Summit this coming March!
Pre-registration open for 2006 Pricing Summit
The 2006 PROS Pricing Excellence Summit will be held March 5-7, 2006 at the Hilton of the Americas in Houston, Texas. The annual Pricing Excellence Summit is an event focused on helping executives of Fortune 1000 companies increase profits through best practices in pricing strategies and processes. The theme of the 2006 event is Profitability through Pricing Excellence; the lectures and networking sessions will discuss ways companies can build world-class pricing capabilities that generate extraordinary return. Last year, more than 175 executives attended the annual event.
Pre-registration is now open, visit www.prospricing.com or email info@prospricing.com
“Optimize your Profits” Published in Chemical Processing
Chemical Processing magazine published on article on “Optimizing Profits” by Dr. Jeff Kabin, of PROS Pricing Solutions, in its September issue. This article detailed how price management can maximize profits for businesses faced with challenges such as commoditization, volatile costs, and overseas competition.
For a copy of the full report, please go to: Optimize Your Profits Article
CIO Webinar Announced
PROS will be offering a free webinar targeted to IT executives. The webinar will detail best practices for meeting the unique requirements of global corporations. PROS will share its methodology for pricing technology change management and what benefits can be achieved through systematic pricing. Please register at www.prospricing.com.
PROS Announces 27 Consecutive Quarters of Profitability
PROS announced positive results for the third quarter ending September 31, 2005. PROS has extended its record of profitability and positive cash flow to 27 straight quarters and continues to maintain its excellent balance sheet with a strong cash position, no bank debt and increased working capital. PROS is audited by Price Waterhouse Cooper, maintains an excellent system of internal controls and, during 2004, adopted Sarbanes-Oxley internal control standards. PROS is committed to maintaining a strong balance sheet to ensure it can continue to provide stability and longevity to its customer base.
PROS Receives Highest Rating in New Price Management Report
PROS was identified as a market leader and received the highest ratings in all categories of Price Management and Profit Optimization in a new report by Yankee Group. The report is entitled “Price Management and Profit Optimization Solutions Are the Best-Kept Secrets in Enterprise Software” by Kosin Huang.
For more information, please visit Price Management Report Press Release
The 18th Annual PriceX Conference
The 2005 PriceX Conference in Chicago attracted over 100 companies for its topic, “Capture Value, Profitability and Competitive Advantage through Pricing.” PROS attended, presented and led a breakout session at the June conference. Jeff Robinson, Senior Group Vice President of PROS Pricing Solutions, presented “Improving Pricing Performance of your Sales Force: A Case Study”. This case study covered a multi-billion dollar distributor making thousands of daily pricing decisions. Through implementation of PROS technology, the distributor realized profit lifts of 30-50 percent.
If you would like to see this presentation, please contact info@prospricing.com
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Corporate Communications
PROS
info@prospricing.com
713-335-5151