Houston, Texas – April 2, 2008 — PROS,
a world leader in pricing and revenue optimization science
and software, today announced it has received a “Positive” rating
in Gartner’s “MarketScope for Pricing Optimization
and Management, 2008” research report.
“PROS has the largest and most diverse global customer
base with complex B2B and B2C pricing problems,” explains
Jeff Robinson, PROS Senior Vice President, Pricing Solutions. “We
believe Gartner’s “Positive” rating reinforces
PROS’ 20 year history of demonstrated leadership in pricing
software products, advanced pricing science, real-time
pricing technology and deep industry expertise.”
Michael Dunne, co-author of the Gartner MarketScope report,
is a featured speaker at the upcoming 14th
Annual PROS Pricing Excellence Summit. This one of
a kind pricing optimization conference takes place April 20-23,
2008 at the Hilton Americas in Houston, Texas. With over
80 targeted sessions during the comprehensive three day agenda,
this conference will be the year’s largest, most respected
and most diverse opportunity to learn about current topics
in price optimization.
Gartner’s MarketScope indicates “the potential
for this market is significant, because defining and defending
optimal prices is a fundamental imperative for enterprises
responsible for producing returns for stakeholders.” Attending
the PROS 14th Annual Summit gives executives with pricing responsibility
a head start on the Roadmap to Pricing Excellence.
For the most updated agenda information including session
descriptions and speaker biographies please visit the PROS
website. Online registration and a downloadable summit
brochure are available now at www.prospricing.com. Special
pricing and company packages are available for groups of 3,
5, 10 and larger groups. All attendees have the option to participate
in PROS sanctioned professional certification programs before
and after the main conference schedule. Featured event
sponsors include Accenture, Microsoft, Oracle, eClerx, Infare
Solutions, QL2, and SITA.
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 our software products, our customers gain insight
into their pricing strategies, identify detrimental pricing
practices, optimize their pricing decision-making and improve
their business processes and financial performance. PROS'
software products incorporate 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 hundreds of simultaneous users and sub-second electronic
transactions. PROS provides professional services to configure
our software products to meet the specific pricing needs
of each customer. 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.
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.
MarketScope Disclaimer
The MarketScope is copyrighted March 20, 2008 by Gartner, Inc.
and is reused with permission. The MarketScope is an evaluation
of a marketplace at and for a specific time period. It depicts
Gartner's analysis of how certain vendors measure against
criteria for that marketplace, as defined by Gartner. Gartner
does not endorse any vendor, product or service depicted
in the MarketScope, and does not advise technology users
to select only those vendors with the highest rating. Gartner
disclaims all warranties, express or implied, with respect
to this research, including any warranties of merchantability
or fitness for a particular purpose.
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Media Contacts:
PROS
Corporate Communications
(713) 335-5197
CorpComm@prospricing.com