Houston, Texas – May 2, 2006 — PROS, a world leader in pricing and revenue optimization science and software, announced positive results for the first quarter ending March 31, 2006.  PROS extended its record of profitability and positive cash flow to 29 straight quarters; and experienced increased revenues, a strong balance sheet, record cash position, increased backlog, and no bank debt.

“PROS continues to set financial records for profitability and financial viability, thanks to our loyal customer base and strong, stable leadership in pricing solutions,” said Bert Winemiller, PROS Chief Executive Officer and Chairman of the Board.  “We remain a world leader in pricing analytics and profit optimization solutions because of our 20 year history in pricing.  PROS has a strong customer base including numerous Fortune 1000-size companies in 12 different industries.  PROS continues to be the largest, most profitable and viable software company in the pricing space.” 

PROS continues to be recognized as the leader in Pricing Revenue Optimization and is one of the only financially viable vendors in the pricing space.

Major milestones during this first quarter include the following:

• Experienced record setting attendance at PROS 12th Annual Pricing Excellence Summit held on March 5-8, 2005, in Houston, Texas.  The event comprised of two separate tracks:  a Pricing Excellence Summit and a Revenue Management Conference.  Over 470 people attended the combined event, making it PROS largest and most successful conference ever.
• PROS licensed solutions to new customers for Pricing Analytics, Price List Optimization, Contract Price Optimization and Advanced Revenue Management solutions.
• PROS took another step in tightening integration of its solutions with those from SAP AG (NYSE: SAP).  PROS Pricing Management version 4.0 has successfully completed “Powered by SAP NetWeaver®” integration, which expedites the cooperative development for PROS pricing software solutions interfacing with the SAP NetWeaver open integration and application platform.
• Reported record First Quarter revenue and record cash position.
• Implemented an aggressive hiring and training program while increasing headcount to 250+ employees.

“PROS is positioned well to capitalize on the emerging new category of Pricing Revenue Optimization,” stated Winemiller and furthermore, “PROS continues to have a strong proven track record, proven processes, and proven solutions.”

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