Houston, Texas – May 28, 2008 — PROS,
a world leader in pricing and revenue optimization science
and software, was recently honored as a leading results-driven
marketing organization by the American Marketing Association’s
Houston Chapter at the 22nd Annual Crystal Awards. PROS
was named a finalist and winner for both Web-based Newsletter/Periodical
and Web Site – Most improved categories.
“Because the AMA Crystal Awards program rewards results,
we are especially proud of this achievement,” said Garth
Hoff, Corporate Marketing, PROS. “To have been
honored twice is a real acknowledgment that PROS has achieved
incredible results in our marketing programs.” PROS
was one of eleven companies this year to be named the winner
in more than one category and one of five multiple award winners
outside of advertising and consulting firms and non-profits.
PROS price optimization software provides strategic innovation
and risk mitigation in a challenging environment. “The
success of PROS’ sales and marketing organization complements
our long-standing global leadership in B2B and B2C pricing
software technology and advanced price optimization science,” said
Bert Winemiller, President and CEO, PROS. “With
ever more industry leading manufacturing, distribution, services,
and related companies gaining awareness of PROS and the powerful
return on investment that PROS software provides, a growing
number of companies are better positioned to remain profitable
industry leaders as competitive opportunities arise and economics
conditions improve.”
PROS delivers optimized prices to the point where a deal is negotiated.
This is achieved through an integrated price optimization software
platform. PROS improves profitability by applying Real-Time Integrated
Science to determine, analyze, and execute optimized pricing
strategies.
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.
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Media Contacts:
PROS
Corporate Communications
(713) 335-5197
CorpComm@prospricing.com