PROS to Host B2B Pricing Summit at New York Stock Exchange

Pricing practitioners and industry experts to offer insights into how companies can leverage pricing excellence to improve financial performance

HOUSTON--()--PROS (NYSE: PRO), the world leader in pricing and margin optimization software, will host a pricing executive summit on March 3, 2011, at the New York Stock Exchange (NYSE:NYX). The event, which centers on the theme “Get in the Game,” will attract executives from global B2B manufacturing, distribution and services companies who are looking to grow revenues and profits, defend and grow market share, and improve business agility through pricing excellence.

“Pricing is the single most powerful lever a company can use to drive profitability,” stated Tim Girgenti, chief marketing officer, PROS. “We are proud to offer this forum for customers, partners, and pricing experts to come together to share their experiences and insights into how they have achieved dramatic business results through pricing best practices.”

Industry experts and pricing practitioners from top corporations will lead discussions on timely, relevant pricing topics such as:

  • Price optimization software on the brink of mainstream
  • Managing pricing complexity – the first step towards maximizing profitability
  • The correlation between change management strategy and the impact of a pricing initiative
  • Transforming financial performance through best-in-class pricing initiatives

The summit will feature pricing experts Michael Dunne, research vice president, Gartner, Inc.; Deloitte Consulting LLP Principals John Norkus and Mike Simonetto; and Craig Zawada, senior vice president of pricing excellence, PROS, and co-author of the book “The Price Advantage.” Attendees will also hear from pricing practitioners representing the following companies:

  • One of the largest U.S. direct suppliers of industrial products
  • Fortune 200 global electronics distributor
  • One of the largest paper and paper product manufacturers in North America
  • Multi-billion division of a medical devices and diagnostics company

Attendees of last year’s PROS B2B pricing executive summit cited the event as being a valuable experience because of the broad range of speakers, the relevancy of the topics discussed, and the networking opportunity:

“I found the seminar educational and would recommend it to anyone that is exploring moving their pricing strategies and capabilities forward into a more sophisticated and science-based world,” said Kristin Daniels, Director of Pricing Operations, Cardinal Health.

For more information about the 2011 PROS Pricing Summit Series or to register for this event, please visit http://www.prospricing.com/Global/Events/PROS-Events/2011-03-03-NYSE-Summit.aspx.

About PROS

PROS Holdings, Inc. (NYSE: PRO) is a leading provider of prescriptive enterprise pricing and margin 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 100's of simultaneous users and sub-second electronic transactions.

PROS provides professional services to configure its software products to meet the specific pricing needs of each customer. Founded in 1985, PROS has implemented over 500 solutions across a range of industries in 50 countries. PROS is headquartered in Houston, Texas and has over 350 employees, more than 100 with advanced degrees and over 25 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 statements 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 is 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.

Contacts

PROS
Corporate Communications, 713-335-5197
CorpComm@prospricing.com

Contacts

PROS
Corporate Communications, 713-335-5197
CorpComm@prospricing.com