PROS, EPP Sponsor Master Thesis Award

LONDON & BRUSSELS--(BUSINESS WIRE)--

PROS® PRO, a world leader in pricing and revenue management software, today announced its collaboration with the European Pricing Platform (EPP) to support the European Best Pricing Thesis Award for 2012. The award, which carries a prize of €1000, is open to any student graduating from a European business school or university who has prepared a thesis on the topic of pricing. The competition will be judged by a panel of international pricing and business experts.

By highlighting the impact of pricing, pricing strategies, pricing instruments and tactics to overall sales performance and business success, PROS and EPP are focused on developing pricing as a strategic business discipline.

“As the need for pricing skills increases, students who focus on pricing are one step ahead when they enter the career market,” said EPP President Pol Vanaerde. “We are looking forward to seeing the innovative and creative ideas from students across Europe on the topic of pricing.”

“Pricing plays a fundamental role for enabling businesses to achieve a competitive business advantage,” said PROS EMEA General Manager Rob Glenn. “For students and young professionals entering the business environment, it's important to comprehend the strategic role of pricing in aligning sales and marketing. I am honoured to be a member of the judging panel for this award.”

In addition to the first-place cash award, the winner receives an EPP Pricing Training of choice and a range of pricing books. The second- and third-prize winners receive a 12-month free participation in the EPP portal site.

The deadline to register with the EPP is May 31, 2012, and the deadline for submissions is Aug. 31, 2012. More information about the award is available on the EPP website: http://www.pricingplatform.eu/site/public/thesis_award.asp

About EPP

Founded in 2004, the European Pricing Platform has become the leading knowledge sharing platform for European pricing and profit optimization decision makers, revenue managers and CxO's, dedicated to developing and sharing pricing knowledge, best practices and resources via on-line and off-line media. The EPP is dedicated to the professional development of the individuals and companies involved in the process of pricing and profit optimization. To learn more, visit the website at http://www.pricingplatform.eu.

About PROS

PROS Holdings, Inc. 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 organisations 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 organisations that implement and utilise such software. Factors that could cause actual results to differ materially from those described herein include the addressability of an organisation'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.