PROS to Showcase B2B Solutions for Managing Big Data at Microsoft Global Energy Forum 2012

Published on Monday, 30 January 2012 11:53 Written by TradersHuddle Staff

HOUSTON-( Business Wire )-

PROS^® (NYSE: PRO), a world leader in pricing and revenue management software, today announced its participation in the Microsoft Global Energy Forum scheduled for Jan. 31, 2012, at Houston’s Westin Galleria Hotel. The company plans to provide demonstrations of how PROS solutions on Microsoft platforms help solve business challenges for global energy companies.

Chemical and oil-refining companies around the globe are also looking for new opportunities to address the business and technical challenges of analyzing vast amounts of data. As a member of the Microsoft ChemRA initiative, PROS is working with Microsoft to help energy companies manage these complex issues.

“Few industries are as dynamic, complex and global as the energy business,” said PROS Chief Marketing Officer Tim Girgenti. “These organizations rely on big data to identify buying patterns and behaviors for their business-to-business customers. Our interoperability with Microsoft^® SQL Server^® provides energy companies with insights into these trends, which inspires confidence and drives business agility. As the energy capital of the world – and the home of PROS headquarters – we are pleased that Houston has once again been chosen by Microsoft to be the host city for this important industry event.”

“Energy companies have specialized requirements for managing big data,” said Herain Oberoi, director, product management, at Microsoft. “PROS has met Microsoft’s rigorous integration standards to help companies harness the power of SQL Server to meet those requirements. We are excited to have PROS showcase its solutions at this year’s Global Energy Forum.”

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 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.

PROSCorporate CommunicationsYvonne Donaldson, This e-mail address is being protected from spambots. You need JavaScript enabled to view it.