Houston, Texas – January 11, 2006 —  Determining the “right” price proves to be one of the most complex decisions companies make.  PROS invites you to read our following newsletter to learn about upcoming events and developments in the pricing management space. 

 

Online Registration for 2006 PROS Pricing Excellence Summit

Online Registration is now available for the upcoming 2006 PROS Pricing Excellence Summit on March 5-7, 2006, at the Hilton of the Americas in Houston, Texas.  The annual Pricing Excellence Summit focuses on helping executives of Fortune 1000 companies increase profits 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.  This year, the summit includes an impressive array of speakers from industry, consulting and research groups.  For more information on the agenda and speakers, please visit http://www.prospricing.com/pricing-management/Summit/2006%20Summit%20Program.pdf.

 

Online registration is quick and convenient through http://www.prospricing.com/pricing-management/Summit/register.html  or by emailing info@prospricing.com

 

 

PROS Announces Strong 2005 Financial Results

PROS, a world leader in pricing and revenue optimization science and software, announced strong positive results for the year ended December 31, 2005.

 

• Revenue in excess of $35 million
• Profitability and positive cash flow for 28 continuous quarters resulting in an all time high cash position of $30+ million
• Capital expenditures in high-performance application servers, database servers, and mass storage
• 250 employees
• No debt and record backlog of $40+ million

 

PROS Certified For SAP NetWeaver Integration

PROS successfully completed the NetWeaver Integration Certification with SAP, which expedites the cooperative development for PROS pricing software solutions interfacing with SAP.  PROS applications use transaction, customer, product, cost, price and inventory data from all major SAP solutions areas including enterprise resource planning, customer relations management, supply chain management, supplier relations management and product life-cycle management.  Harnessing the power of SAP NetWeaver, users of PROS’ solutions can greatly reduce the effort required to implement global, integrated pricing solutions.

 

Webinar Series

Due to high demand, PROS is providing a follow-up webinar series on industry-focused and other specific pricing issues as follows:

• Petroleum – What Any Petroleum Executive Must Know About Pricing (January 18, 2006 at 11:00 a.m. CST)
• Hospitality – An Overview of the PROS Hotel Revenue Optimization Solution (February 1, 2006 at 3:00 p.m. CST)
• Understanding Why Your Customers Buy is Key to Making Right Pricing Decisions (March 15, 2006 at 11:00 a.m. CST)
• Manufacturing – Does Your Pricing Prowess Match Your Manufacturing Expertise?  (March 29, 2006 at 11:00 a.m. CST)
• CIO Webinar for IT Executives (April 12, 2006 at 11:00 a.m. CST)
• How Customer Contracts Can Get in the Way of Your Profits and What You Can Do About It  (April 26, 2006 at 11:00 a.m. CST)

For additional information or to register please visit www.prospricing.com or E-mail info@prospricing.com.

 

CIO Webinar Success

PROS offered a more technical webinar targeted to IT executives last quarter, which detailed best practices for meeting the unique requirements of global corporations.  PROS shared its methodology for pricing technology change management and what benefits can be achieved through systematic pricing.  Because of the high attendance at this webinar, it will be offered again on April 12, 2006, at 11 a.m. CST.

 

PROS Enhances Science Leadership in Pricing Optimization and Revenue Management at INFORMS

PROS had a dominant presence at the INFORMS 2005 Annual Meeting attended by 3000 professionals in Operations Research and the Management Sciences.  INFORMS invited PROS to give keynote presentations, chair clusters and present numerous papers on the following topics:

• Dr. Andy Boyd, PROS Chief Scientist, gave the keynote presentation at the INFORMS roundtable, and ten other PROS executives and scientists presented papers.
• Dr. Garrett van Ryzin, a member of the PROS science advisory board, won the Lanchester prize for his book co-authored with Dr. Kalyan Talluri titled The Theory and Practice of Revenue Management.
• Dr. Peter Belobaba, who is also a member of PROS science advisory board, gave a presentation and chaired a session on Airline Revenue Management.
• Dr. Darius Walczak, one of PROS Senior Scientists, co-chaired and organized the main Revenue Management and Pricing cluster of more than sixty presentations, along with Dr. Patrice Marcotte of the University of Montreal.  Dr. Walczak also chaired a topics session.

 

IDC Report:  “PROS Pricing Solutions:  The Price is Right on Target”

IDC recently published a report lauding PROS’ “record of successful deployments”.  In the report, titled “PROS Pricing Solutions:  The Price is Right on Target”, IDC analyzes PROS capabilities to deliver positive financial impact through pricing technology.  IDC credited PROS success in over 100 customer deployments to “a methodology that begins with setting accurate expectations during the presales stage and continues throughout each step of the implementation.”   For more information, please contact info@prospricing.com or go to http://www.idc.com/.

 

PROS Joins the Hotel Electronic Distribution Network Association

PROS has joined the Hotel Electronic Distribution Network Association (HEDNA) as an Allied member.  PROS is a strong advocate of HEDNA’s mission to increase hotel industry revenues and profitability from electronic distribution channels and to be the foremost travel industry association advancing hotel electronic distribution by optimizing current technology, education, open exchange among members, and influencing development of current and emerging electronic distribution channels.  Through this membership, PROS is continuing to build on its 20 year history in travel and transportation.

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Corporate Communications
PROS
info@prospricing.com
713-335-5151