PROS Showcases B2B Cloud Pricing, Quoting Solutions at Cloudforce

HOUSTON--()--PROS® (NYSE: PRO), a world leader in pricing and revenue management software, featured its Salesforce.com cloud-based solutions – PROS Price2ProfitTM and PROS Quote2WinTM – at Cloudforce 2011. The pricing and quoting solutions, designed expressly for the mid-market, are native applications built on the Force.com platform. The products enable mid-market companies to gain strategic business advantages with pricing and quoting solutions that drive sustained, bottom-line profitability.

PROS, a Cloudforce gold sponsor, provided demonstrations of PROS Price2ProfitTM and PROS Quote2WinTM at the Nov. 30 event held at New York’s Jacob K. Javits Convention Center.

Designed to help customers improve business agility and increase customer responsiveness in highly competitive markets, the PROS solutions directly integrate with the existing workflows in Salesforce.com. Companies can maximize their CRM investment, giving pricing and sales professionals direct access to new insights that empower them to set and transact optimized prices for every sale. With robust pricing information now at their fingertips, sales professionals gain confidence, which maximizes deal closures.

“We see firsthand that B2B mid-market companies face extraordinary competitive pressures that directly mirror those of large enterprises,” said PROS Chief Marketing Officer Tim Girgenti. “These companies are looking for solutions that enable them to improve profitability, market share and business agility, as they deal with the speed of today’s competitive business environment. With PROS, sales teams gain confidence and win business more profitably with greater access to the accurate pricing data they require.”

“Mid-market companies are searching for pricing and quoting solutions with capabilities designed to meet their specific requirements, and in an easy-to-use platform,” said Vernon E. Lennon, III, president of The Pricing Cloud and a PROS reseller partner. “PROS designed these products expressly for the mid-market and on a platform my customers know and use. Sales teams now have access to powerful tools that help them quote more confidently, backed by data that enables them to win.”

About PROS

PROS Holdings, Inc. (NYSE: PRO) is a leading provider of prescriptive pricing and revenue management software for companies in the manufacturing, distribution, services and travel industries. PROS gives customers far greater confidence and agility in their pricing strategies by providing data-driven insights into transaction profitability, forecasting demand, recommending optimal prices for each product and deal, and streamlining pricing processes with enhanced controls and compliance. With $468 billion in revenues under management, PROS has implemented more than 500 solutions in more than 50 countries. The PROS team comprises more than 500 professionals, including 100 with advanced degrees and 25 with Ph.D.s. To learn more, visit http://www.prospricing.com.

Forward-looking Statements

This press release contains forward-looking statements, including statements about the functionality and benefits of pricing software to organizations generally as well as the functionality and benefits of PROS’ software products. The forward-looking statements contained in this press release are based upon PROS' historical experience with pricing software and its current expectations of the benefits of pricing software for organizations that implement and utilize such software. Factors that could cause actual results to differ materially from those described herein include the addressability of an organization’s pricing and revenue management needs, the risks associated with PROS’ developing and enhancing products with the functionality necessary to deliver the stated results and the risks associated with the complex implementation and maintenance of pricing software such as PROS' software products. 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.

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Contacts

PROS
Yvonne Donaldson, 713-335-5310
Corporate Communications
ydonaldson@prospricing.com

Contacts

PROS
Yvonne Donaldson, 713-335-5310
Corporate Communications
ydonaldson@prospricing.com