PROS To Feature Real-Time Big Data Solutions For Chemicals At ACHEMA

PROS® (NYSE: PRO), a world leader in pricing and revenue management software, today announced plans to showcase its big data solutions for pricing, marketing and sales performance at ACHEMA, Europe’s largest chemicals conference. Scheduled for 18 th – 22 nd June 2012 in Frankfurt, Germany, the event brings together companies that span the sector, including chemical engineering, environmental protection and biotechnology. PROS will exhibit with Microsoft in Hall 9.1 E68.

With more than 4000 exhibitors, 900 presentations and lectures, ACHEMA is the premier international conference for chemical industry business professionals. At the event, PROS and Microsoft representatives will discuss how chemical companies can leverage big data to optimize sales.

Rob Glenn, EMEA General Manager at PROS commented, “Chemical companies across the globe are faced with managing significant challenges based on raw materials volatility and global currency fluctuations. They’re searching for solutions that enable them to mitigate this volatility and identify where they have pricing power. PROS works with some of the world’s largest chemicals companies to help improve sales performance, marketing and pricing, enabling them to outperform in their markets.”

Ellyn Foltz, Worldwide Managing Director, Process Manufacturing and Consumer Goods at Microsoft said, “Microsoft provides chemicals companies with technology solutions that improve their performance and create value for customers, employees and other stakeholders. We are pleased to be working with partners like PROS on initiatives for the chemicals and process manufacturing sectors, including the ChemRA reference architecture which helps companies in these markets to innovate faster and maximise the value that is delivered by IT.”

PROS big data pricing solutions are part of Microsoft’s Chemical Reference Architecture (ChemRA) initiative, which provides chemical companies with a blueprint for unifying their IT architecture. This framework helps to make companies more responsive to the challenges that the chemical and process engineering sectors face, as well as providing them with opportunities to improve performance and profitability. ChemRA also helps these organisations to address user application requirements while being interoperable, easy to maintain and easily adaptable to their current IT environments.

To learn more about the PROS chemical industry practice and its selection to participate in the ChemRA Initiative, visit the Microsoft website at www.microsoft.com/chemra. To see more about PROS solutions for the chemical sector, visit the PROS website. To learn about the PROS and Microsoft partnership, visit www.microsoft.com/pros.

About PROS

PROS ( 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 more than $460 billion in revenues under management, PROS has implemented more than 500 solutions in more than 50 countries. The PROS team comprises 580 professionals, including 100 with advanced degrees and 25 with Ph.D.s. To learn more, visit  http://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.

Copyright Business Wire 2010

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