PROS Announces Success of B2B Pricing Event in Shanghai, China

Leading Chinese Manufacturers Learn from PROS How to Change the Way They View Pricing

• Press Release
• Source: PROS
• On 10:00 am EDT, Tuesday September 22, 2009

SHANGHAI--(BUSINESS WIRE)--PROS (NYSE: PRO - News), the world leader in pricing and revenue optimization science and software, today announced the success of the Shanghai stop on the PROS Global Price Optimization Leadership Seminar Series. Seminar keynote speakers Accenture (NYSE: ACN - News) and Microsoft (NasdaqGS: MSFT - News) focused on the tremendous opportunity for manufacturers in China and across Asia-Pacific to adopt advanced pricing strategies and price optimization software to remain competitive and profitable in an increasingly global manufacturing landscape.

Related Quotes

Symbol	Price	Change
PRO	8.00	0.00

{"s" : "pro","k" : "c10,l10,p20,t10","o" : "","j" : ""}

In his presentation, Robert Rutledge, who leads Accenture’s Pricing & Profit Optimization practice in Asia-Pacific, noted, “Manufacturers in China today face low-cost competition from places like India and Mexico and design and engineering competition from Japan and the west.” Mr. Rutledge continued, “In order for Chinese manufacturers to maintain their competitive edge, they will increasingly turn to more robust pricing strategies such as those supported by PROS’ industry-leading price optimization software tools.”

“Today PROS showed why we are the leader in price optimization software in China and across Asia-Pacific,” stated Andres Reiner, EVP, PROS. “PROS experience in Asia is unmatched because our pricing software considers the unique pricing needs of companies in China and throughout Asia to succeed in improving their pricing to truly world-class.”

Since 1988, PROS has been the vendor of choice for companies in Asia looking for the most powerful and easy to use software tools to identify margin improvement opportunities, set science-based pricing strategies, and execute pricing in the field to improve bottom line profitability. PROS has over 30 customers with in-production systems in more than 16 countries in Asia including China, Japan, Korea, Singapore, India, Australia, and others.

To follow PROS’ blog on B2B price optimization, including videos and commentary from Shanghai, please visit www.pricingleadership.com. For more information on PROS’ Pricing Leadership Seminars, webinars, or to request whitepapers and case studies, please visit www.prospricing.com or email your request to info@prospricing.com.

About PROS

PROS Holdings, Inc. is the leading provider of pricing and revenue 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. 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 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 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.

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