Pricing science, distribution expertise and partnership approach the
deciding factors
HOUSTON, Jun 15, 2010 (BUSINESS WIRE) --PROS
Holdings, Inc. (NYSE: PRO), the world leader in business-to-business
pricing and margin optimization software, today announced that PSS World
Medical (NasdaqGS: PSSI) has selected the PROS Pricing Solution Suite to
enhance customer relationships and help meet profitability and
performance goals.
With more than $2 billion in annual revenues, PSS World Medical is a
distributor of medical supplies and services to physicians and extended
care providers throughout the United States. PROS provides unique
pricing capabilities targeted at distribution companies, helping its
clients make accurate, complex pricing decisions in a climate of
increasing competition, regulation and margin pressures.
"After an exhaustive review of pricing optimization vendors, PROS
clearly demonstrated that they were the most capable partner to help us
implement structure around our pricing practices," according to Carl
Duhnoski, chief information officer at PSS World Medical. "PROS' leading
position in distribution pricing software and science, along with their
track record of successful implementations, gave us confidence in their
ability to execute," he explained. "Our users are very excited about the
polished experience and new capabilities that PROS will provide in its
next-generation pricing engine and sales desktop tools."
PSS World Medical will leverage three advanced pricing modules
incorporated in the PROS Pricing Solution Suite: PROS Scientific
Analytics, which will assist PSS World Medical's sales team in
accurately tailoring product offerings and price points to each
customer's unique buying needs; PROS Price Optimizer, a real-time
pricing engine that will deliver accurate and timely price lists for
multiple channels; and PROS Deal Optimizer, which will equip PSS World
Medical's sales team with real-time pricing and product recommendations
to satisfy customer demands.
"We applaud PSS World Medical's commitment to customer satisfaction and
profitability, and we are grateful they have chosen to partner with PROS
to achieve pricing excellence," explained Andres Reiner, executive vice
president at PROS.
About PSS World Medical, Inc.
PSS
World Medical, Inc., headquartered in Jacksonville, Fla., is a
national distributor of medical products to physicians and extended care
providers through its two business units. Since its inception in 1983,
PSS has become a leader in the two market segments that it serves with a
focused market approach to customer services, a consultative sales
force, strategic acquisitions, strong arrangements with product
manufacturers and a unique culture of performance.
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 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 PhDs. 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
statement 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 Corporate Communications
Pete Di Stefano, 713-335-5197
corpcomm@prospricing.com