PROS Revenue Management Releases Newest Version of PROS O&D Airline Revenue Management Solution

HOUSTON--(BUSINESS WIRE)--PROS, the world's leader in pricing and revenue optimization science and software, and the pioneer and dominant provider of revenue optimization to the travel and transportation industry, today announced the impending release of the newest version of PROS O&D, the leading origin-destination revenue management solution for the airline industry.

This version of the PROS O&D solution includes major enhancements to the user interface that provide the revenue management analyst with the latest capabilities found in web interface products. These enhancements include dashboards, sophisticated drill-up/drill-down capabilities, and exportable data tables.

In addition to the enhanced user interface, the newest release of the PROS O&D solution includes improvements to fare valuation calculations used by several PROS O&D system modules. The latest O&D solution utilizes data from the airline’s pricing system to calculate fare values, passing these values onto network optimization recommendations and seat availability requests. These features represent a paradigm shift in passenger valuation from stagnant post departure based information to dynamic and real time pricing data. The immediate availability of these requests will allow airlines to further maximize their network revenues.

“We are excited about this release of the PROS O&D solution as it significantly enhances product usability. The revenue management analyst now can customize the work environment to meet the needs of the assigned market groups and analyst area of responsibility. These enhancements will make the analyst more productive, thus allowing more time for revenue-generating activities,” said Brian Wishlinski, Group Vice President for Airline Solutions.

Two webcasts will be held to demonstrate the improvements included in this release: Tuesday 24 October 2006 at 2000 (CDT) and Thursday 26 October 2006 at 0900 (CDT). To register for one of these upcoming webcasts, please email [e-mail].

Open registration for the 13th Annual PROS Revenue Management Conference

The 13th Annual PROS Revenue Management Conference to be held April 22-25, 2007, at the InterContinental Hotel in Houston, Texas. The PROS Conference features a rich and diverse set of topics and will be of interest to all levels of the organization, including Analysts, IT Managers, Super Users, Managers, Directors, CFOs and CEOs.

Open registration for the 13th Annual PROS Revenue Management Conference has begun and for a limited time, the early bird fee is the lowest ever offered for the PROS Conference. This $797 fee includes three-day access to all conference sessions, meals, and materials. Also, for every three paid registrants a company sends, a fourth registrant may attend the conference free of charge. For more information and to register, please visit our website: www.prosRM.com/conference

About PROS

PROS is the world’s leader in pricing and revenue optimization solutions and the pioneer and dominant provider of revenue optimization to the travel and transportation industry. PROS is the world's leader in pricing and revenue optimization solutions with over 280+ deployed solutions across 12 major industries, optimizing millions of pricing decisions every day and has more than 120+ clients in 39 countries. PROS' clients include 17 of the top 25 carriers in the airline industry.

The PROS mission is to maximize the revenue of each client using PROS’ world-leading revenue optimization science, enterprise profit optimization, and pricing optimization solutions. PROS’ clients report annual incremental revenue increases of 6-8% as a result of demand forecasting and revenue optimization. PROS’ solutions forecast demand, optimize inventory, and provide dynamic pricing optimization to maximize revenue.

Founded in 1985 in Houston, Texas, PROS has 31 straight quarters of profitability, in large part due to the intellectual capital of its staff. Over 100 of PROS professional staff have advanced degrees, of which over 20 have Ph.D.s, and the staff speaks a cumulative total of 26 languages. The company is profitable with revenues in excess of $30 million. For more information on PROS Revenue Management, please visit www.prosRM.com