Houston, Texas–May 30, 2006—  PROS, a world leader in pricing and revenue optimization science and software, and pioneer and dominant provider of price optimization with over 250 solutions deployed in 10 major industries optimizing millions of price decisions every day, announced the release of the Leased Property Pricing System that delivers optimal price recommendations to the commercial property and apartment leasing industry.

PROS Leased Property Pricing System incorporates the most powerful and advanced optimization and forecasting methodologies available, and has the following functionalities:

• Provides optimal prices for new leases, renewal leases, and unit amenities.
• Allows independent forecasts of demand and supply at the floor plan, length of lease, and lease start month levels.
• Performs drill-down analysis on custom metrics at various levels of aggregation and detail.
• Provides revenue lift of 6% to 12%, and is available as either centralized or hosted configurations.
• Incorporates proven high performance, highly scalable architecture on thin customer platform.
• Contains decision support analytics that enable management by exception through dashboards, configurable alerts, simple what-if analysis, and real-time request optimization.

John Riddell, Senior Vice President of PROS states, “we are excited about the production release of PROS Leased Property Pricing System because of the capabilities it will provide to our customers.  This system produces incremental revenue increases of 6% to 12% for our customers.”

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