Pricing and Revenue Optimization Software
A world leader in pricing and revenue optimization science and software.
Software Support
Home Products Industries News & Events Company Careers Contact Us
Strategic Pricing

Qatar Airways moves forward with PROS technology

Houston, Texas – November 6, 2007 PROS Holdings, Inc. (NYSE: PRO), a leader in pricing and revenue optimization software, announced that Qatar Airways, the national carrier of the State of Qatar, has executed an all-encompassing contract to deploy the PROS O&D Revenue Optimization Solution.

"With our unprecedented growth as an international network carrier, Qatar Airways must align its revenue management practice with its business strategy. In seeking to maximize network revenue and to establish a competitive advantage, we selected PROS as our partner to provide us with sophisticated O&D network revenue optimization solutions," stated Mr. Akbar Al Baker, Chief Executive Officer of Qatar Airways.

"Qatar Airways requires proven technology that generates fast-track results. We are pleased to be working with PROS in this important endeavor to ensure that we achieve our very aggressive commercial objectives."

The Doha-based airline is one of the fastest growing carriers in the world currently flying to 79 destinations worldwide from its hub in the State of Qatar. Qatar Airways has licensed PROS leading-edge O&D revenue management suite. This state-of-the-art system -- consisting of PNR-based forecasting, network optimization and dynamic pricing -- maximizes revenue by managing real-time pricing of seat inventory based on customer demand flow throughout the entire network. Furthermore, Qatar Airways will enhance the efficiency of revenue management best practice by incorporating PROS Real-Time Customer Management (RTCM). PROS RTCM improves the effectiveness of marketing strategies by analyzing passenger and market attributes and then targeting the right customer with the right price initiative at the right time. In addition, Qatar Airways licensed the new-generation PROS Group 6 System, a sophisticated tool to maximize network revenue associated with group/tour operator traffic and to automate the various business processes and work flow for group management. Separately, Qatar Airways also licensed the PROS Network Revenue Planning System to properly plan the sales strategies that balance commercial market requirements with network revenue optimization goals.

"PROS is proud to be a long-term partner of Qatar Airways and to provide world-class solutions to optimize the carrier's revenue growth opportunities. The PROS O&D technology is the most widely used network revenue optimization solution that has proven in production to generate revenue lift at airlines worldwide, and we are absolutely delighted that the PROS systems fit the innovative thinking and business philosophies of Qatar Airways," said Benson Yuen, Senior Vice President, PROS.

About Qatar Airways
Qatar Airways currently operates a modern fleet of 58 all-Airbus aircraft to 79 destinations across Europe, Middle East, Africa, Far East, Indian subcontinent and North America. The highlight of Qatar Airways' 2007 expansion has been the launch of flights to New York (Newark) and Washington DC - the airline's first move into the North American market.

The Doha-based carrier is one of only five airlines in the world with a Five-Star ranking for service and excellence awarded by Skytrax, the independent aviation industry monitoring agency. Skytrax also named Qatar Airways' cabin crew as Best in the Middle East for the fifth year running in 2007 and Best First Class in the world following a survey of more than 12 million passengers worldwide. During the 2006/07 financial year, Qatar Airways carried more than 8 million passengers worldwide. The ongoing expansion of its global network is complemented by new orders for over 100 wide-body aircraft, including the Airbus A350-XWB and Boeing 777s.

For more information, log onto www.qatarairways.com

About PROS
PROS Holdings, Inc. (NYSE: PRO) is a leading provider of pricing and revenue optimization software products, specializing in price analytics, price execution and price optimization. By using PROS' software products, companies gain insight into their pricing strategies, identify pricing-based profit leaks, optimize their pricing decision making and improve their business processes and financial performance. PROS' software products implement advanced pricing science, which includes operations research, forecasting and statistics. PROS’ high performance software architecture supports real-time high volume transaction processing and allows PROS to handle the processing and database requirements of the most sophisticated and largest customers, including customers with 100s of simultaneous users and sub-second electronic transactions. PROS also provides a range of services that include analyzing a company's current pricing processes and implementing software products to improve pricing performance. PROS has implemented over 200 solutions across a range of industries in more than 40 countries.

Founded in 1985, PROS is headquartered in Houston, Texas. Today, PROS has over 300 employees, more than 100 with advanced degrees and 20 with Ph.D.s.

To learn more about PROS, please visit www.prospricing.com.

Forward-looking Statements
This press release contains forward-looking statements, including statements about the functionality of the PROS products and their ability to manage and forecast across an enterprise. The forward-looking statement contained in this press release are based upon PROS historical performance and its current plans, estimates and expectations and are not a representation that such plans, estimates or expectations will be achieved. Factors that could cause actual results to differ materially from those described herein include PROS ability to develop new products and product enhancements with the required functionality desired and PROS ability to implement and support successfully its products to the expectations of its customers.  Additional information relating to the uncertainty affecting the PROS business are contained in PROS filings with the Securities and Exchange Commission. These forward-looking statements represent PROS expectations as of the date of this press release. Subsequent events may cause these expectations to change, and PROS disclaims any obligations to update or alter these forward-looking statements in the future, whether as a result of new information, future events or otherwise.

###

Media Contacts:
PROS
Corporate Communications
(713) 335-5197
CorpComm@prospricing.com