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PROS increases efficiency and effectiveness with the latest enhancements to the PROS O&D Revenue Management solution

HOUSTON, TX, October 04, 2007 -- PROS, a leading provider of pricing and revenue optimization software products, announced today the latest enhancements to PROS O&D, a leading origin-destination revenue management solution for the airline industry.

These developments allow airline Revenue Management departments to operate more efficiently in today's highly competitive marketplace, including the low-cost/hybrid markets. The streamlined workflow improves the user experience so that analysts can focus on capturing opportunities to increase revenues. The features in this release include:

  • Forecast Smart Start which reduces system administration efforts by providing the ability to select target markets to forecast. This feature is particularly useful for migrating markets from traditional to hybrid forecasting, restating historical holidays and special events and changing forecast parameters

  • A new availability display which provides additional information on the lowest class available for sale, the number of seats available in each class, as well as other data important in the management of seat availability, especially in low-fare/hybrid markets

  • Restructured traditional and hybrid network optimization to allow the configurable use of bid prices to estimate revenue in optimizer steps (Capacity Management, Overbooking-Maximize Revenue) that previously utilized only expected marginal-seat revenue (EMSR)

  • Enhanced integration between the PROS O&D and the PROS O&D Cargo revenue management systems to include additional data for maximizing revenue on flights that carry both passengers and cargo

  • A new interface to allow customers to load market demand and show-up sponsorship information from off-line systems

In addition, the PROS RTDP real-time dynamic pricing module includes new functionality to give analysts the ability to affect the seat availability decision.

Ability to manage availability across an airline's entire marketed network with interline adjustments for online carrier codes Support for attaching network market indicators to an availability or booking request response. These indicators can be used to trigger customer-specific logic within the airline's reservations system "PROS continues to listen to its user community and incorporate these valuable user stories into the development of the PROS O&D product. Managing in low-fare markets remains a priority, and this release includes a number of functionalities to assist analysts in capturing revenue opportunities," said Brian Wishlinski, Group Vice President for Product Management.

PROS will be conducting two webcasts to demonstrate the features contained in this release. These webcasts will be held on Tuesday 23 October 2007 at 20:00 (US-CDT) and on Thursday 25 October at 09:00 (US-CDT). Space for these webcasts is limited. For further details and to register for either webcast, please email workshops@prospricing.com.

About PROS

PROS Holdings, Inc. (NYSE:PRO) is a 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 100s of simultaneous users and sub-second electronic transactions. PROS also provides a range of services that include analyzing a company's current pricing processes and implementing software products to improve pricing performance. PROS has implemented over 200 solutions across a range of industries in more than 40 countries.

Founded in 1985, PROS is headquartered in Houston, Texas. Today, PROS has over 300 employees, more than 100 with advanced degrees and 20 with Ph.D.s. To learn more about PROS, please visit www.prospricing.com.



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