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PROS Announces Agenda for China Revenue Management Conference

Dépèche transmise le 6 juin 2011 par Business Wire

PROS Announces Agenda for China Revenue Management Conference

HOUSTON--(BUSINESS WIRE)--PROS (NYSE: PRO), the world leader in pricing and revenue management software, today announced plans for its seventh-annual China conference. This year’s event, scheduled for June 8-10, will be held in Guiyang, located in the Guizhou province. The interactive symposium provides delegates with real-world, innovative revenue management experiences and best practices through case studies, group exercises and practitioner insights. The conference is conducted exclusively in Mandarin.

“Participation in the conference continues to grow as Chinese airlines adopt revenue management best practices as a strategic component in their global growth strategies.”

The 2011 event is co-sponsored by China Southern Airlines, the largest airline in The People’s Republic of China. China Southern is a long-time PROS partner and a member of the SkyTeam global airline alliance. The annual event attracts representatives from Mainland China’s largest airlines, including Air China, China Eastern Airlines, Hainan Airlines, Air Macau and Hong Kong Airlines.

“Revenue management is critically important to China Southern and to other participating conference partners,” said China Southern President Tan Wangeng. “As our country’s airlines grow and expand service to other markets around the world, revenue management becomes even more important to our long-term success. The PROS annual conference offers opportunities to learn about the latest advances in revenue management, specifically for our market. We appreciate the opportunity to again co-sponsor this annual event.”

“Our customers expect continuous innovation from PROS revenue management solutions, and our annual China event provides us with opportunities to showcase our capabilities in this important market,” said PROS President and CEO Andres Reiner. “Participation in the conference continues to grow as Chinese airlines adopt revenue management best practices as a strategic component in their global growth strategies.”

This year’s event features a variety of workshops designed exclusively for airlines headquartered in China. Delegates will share insights and experiences about their successful PROS implementations:

• Best practices for fine-tuning existing revenue management systems to work effectively in the Chinese environment
• Network revenue management solutions, tools and measurement strategies
• E-commerce and its impact on revenue management
• Customer value evaluations using the PROS O&D (origin and destination) solutions
• Technical challenges of revenue management implementation in Mainland China

To learn more, contact PROS at [email protected] or visit the website at http://www.prospricing.com/Pricing-Events.aspx.

About China Southern Airlines

For more than 32 years, China Southern has been the largest airline in The People’s Republic of China and is headquartered at the ultra-modern Guangzhou Baiyun International Airport. China Southern operates a fleet of 420 modern aircraft and serves 172 cities in 30 countries and regions, forming an extensive network with Guangzhou and Beijing as its hubs. China Southern is a member of SkyTeam and together with the alliance’s 13 member airlines offers its 384 million annual passengers a worldwide system of more than 13,000 daily flights covering 939 destinations in 169 countries.

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 provides professional services to configure its software products to meet the specific pricing needs of each customer. PROS has implemented over 500 solutions across a range of industries in more than 50 countries.

Founded in 1985, PROS is headquartered in Houston, Texas. Today, PROS has over 400 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.