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PROS Hosts B2B Pricing Executive Summit in Chicago
Sessions to highlight real world examples from manufacturers and distributors, and insights from experts such as Michael Dunne, Vice President at Gartner

HOUSTON, Jul 16, 2010 (BUSINESS WIRE) --

PROS (NYSE: PRO), the world leader in business-to-business pricing and margin optimization software, will host a pricing summit for executives on July 27, 2010 in Chicago. Executives from global business-to-business manufacturing and distribution companies attending the event will learn from real world examples and industry experts about how price analytics, optimization, and management as well as profitability management can significantly improve profit margins in this challenging financial environment.

Pricing experts, practitioners presenting in Chicago include:

  • Michael Dunne, Research Vice President at Gartner, will address how pricing and profitability optimization have become a mandate in this new economic era.
  • Office supply distributor with over $1.5 billion revenue will speak on "Managing Change, Creating Value & Other Paths to Pricing Hero Status."
  • A multi-billion dollar health care distributor and manufacturer will explain "The challenges, successes and failures for user adoption of pricing analytics software."
  • Large auto parts manufacturer will describe how to introduce an integrated pricing solution across international markets that require the efforts of various departments to succeed.
  • Fortune 1000 manufacturer of coated paper products will be speaking on how to make pricing a strategic initiative.

In addition to pricing practitioners, the B2B Executive Summit will also feature other pricing thought leaders such as John Norkus and Mike Simonetto, Principals at Deloitte Consulting LLP, Kevin Mitchell, President of the Professional Pricing Society, Augustin Manchon, CEO of Manchon Company, a premier pricing consulting firm in Canada and Brian Sharp, a Partner at Kalypso, a leading innovation consulting firm in Beachwood, Ohio.

"Attendees will learn about the latest trends in pricing excellence from industry experts, as well as best practices from their peers," said PROS' Chief Marketing Officer, Tim Girgenti. "This is a must-attend event for companies that want to keep up with the latest techniques and strategies that will enable them to realize the full power and promise of pricing analytics, optimization and management."

The Chicago event is part of a series of PROS Pricing for Profitability summits that began early this year, and are free to executives by registering in advance via the Internet.

For more information about the 2010 PROS Executive Pricing Summit in Chicago, Click Here.

About PROS

PROS Holdings, Inc. (NYSE: PRO) is a leading provider of 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 hundreds 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 300 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 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.

SOURCE: PROS Holdings, Inc.

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