PROS Expands Industry Leadership with Enhanced European Pricing Platform Partnership Agreement

Organizations Announce Plans for Manufacturing PricingFuel Day

HOUSTON & LONDON & BRUSSELS--()--PROS (NYSE:PRO), the world leader in pricing and revenue management software, today announced an expanded partnership agreement with the European Pricing Platform (ePP). The two organizations, which have worked together for the past three years, have joined forces with a new commitment to elevate awareness of pricing excellence as a key business priority for business-to-business executive leadership teams across Europe.

The ePP is Europe’s leading knowledge-sharing platform for pricing decision makers. Headquartered in Brussels, the organization is dedicated to developing and sharing pricing-excellence knowledge, best practices and resources. The comprehensive agreement with PROS includes collaboration on white papers, case studies, customer-centric webinars and workshops.

Through the enhanced relationship, PROS and ePP will collaborate to deliver ePP’s Manufacturing PricingFuel Day, scheduled for Oct. 27, 2011, in Munich. The event – themed “Regaining Confidence During Turbulent Times with Best-in-Class Pricing Practices” – will draw pricing executives from leading manufacturing organizations across Europe. The program will include four keynote speakers, break-out sessions, roundtable discussions, panel presentations, and an evening reception and dinner. Deloitte has signed on as the corporate sponsor of the event.

"As organizations navigate the challenges of raw materials and currency volatility, pricing remains at the forefront for B2B companies as they evaluate new opportunities to increase margins, market share and business agility,” said PROS Europe General Manager Wagner Williams. “The European Pricing Platform shares our commitment to escalating pricing excellence and education to executives and their leadership teams. This collaborative partnership underscores a vision and commitment to pricing knowledge and education, as demonstrated by our commitment to Manufacturing PricingFuel Day.”

“The ePP serves as the platform for supporting knowledge sharing and networking for pricing leaders across the continent,” said ePP Chief Executive Officer Pol Vanaerde. “Pricing has become a value driver for companies and their shareholders, and, from our experiences, executives are looking for tools and capabilities to help drive business growth. Our goal is to support and promote pricing knowledge development so that it becomes a strategic element in the CxO agenda. As the global pricing leader, we welcome the PROS partnership, and will work together to advance pricing education and know-how.”

To learn more about the Manufacturing PricingFuel Day, visit the PROS website.

About ePP

Founded in 2004, the European Pricing Platform has become the leading knowledge sharing platform for European pricing decision makers, revenue managers and CxO’s, dedicated to developing and sharing pricing knowledge, best practices and resources via on-line and off-line media. The ePP is dedicated to the professional development of the individuals and companies involved in the process of pricing. To learn more, visit the website at http://www.pricingplatform.eu.

About PROS

PROS Holdings, Inc. (NYSE:PRO) is a leading provider of prescriptive enterprise pricing and revenue management 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 hundreds of simultaneous users and sub-second electronic transactions.

PROS has implemented over 500 solutions across a range of industries in more than 50 countries.

Founded in 1985, PROS is headquartered in Houston. Today, PROS has over 450 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
Yvonne Donaldson, 713-335-5310
ydonaldson@prospricing.com
or
European Pricing Platform
Britt Dejager, +32-51-32-03-72
britt.dejager@pricingplatform.eu

Contacts

PROS
Yvonne Donaldson, 713-335-5310
ydonaldson@prospricing.com
or
European Pricing Platform
Britt Dejager, +32-51-32-03-72
britt.dejager@pricingplatform.eu