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PROS (NYSE: PRO), the world leader in pricing and revenue optimization science and software, is pleased to announce that the Board of Directors has approved and authorized the promotion of Andres Reiner to the position of Executive Vice President. Andres joined PROS in 1999 and was formerly Senior Vice President, Product Development. Prior to joining PROS, Andres held high-value technical and management positions at several technology companies. As Executive Vice President of Product and Marketing, Andres is responsible for marketing, alliances, product management, and product development of PROS Pricing and Revenue Optimization software products.
Bert Winemiller, Chairman and Chief Executive Officer said, “Andres is a valuable member of our executive team and has been with the company for ten years. He has a proven track record of successfully managing with increased responsibility and has played a major role in the development of the PROS Pricing Product Suite. His focus on allowing our customers to realize fast time-to-value and lowest total cost of ownership has allowed our customers to realize increasing return on investment over time.”
“I am excited to take on these new marketing and product responsibilities. All of us at PROS are committed to total customer satisfaction and I am committed to making our high-ROI suite of products the best in the industry,” said Andres Reiner, EVP, PROS. “We are honored to be the preferred pricing partner of many innovative Fortune 2000 companies and we are proud of our successful long-term partnerships with the CEOs and CIOs of our customers.”
About PROS
PROS Holdings, Inc. is the 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 100's of simultaneous users and sub-second electronic transactions. PROS provides professional services to configure its software products to meet the specific pricing needs of each customer. 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 350 employees, more than 100 with advanced degrees and over 25 with Ph.D.s. To learn more about PROS, please visit www.prospricing.com.
Forward-looking Statements
This press release contains forward-looking statements, including statements about the functionality of the PROS products and their ability to manage and forecast across an enterprise. The forward-looking statements contained in this press release are based upon PROS historical performance and its current plans, estimates and expectations and are not a representation that such plans, estimates or expectations will be achieved. Factors that could cause actual results to differ materially from those described herein include PROS ability to develop new products and product enhancements with the required functionality desired and PROS ability to implement and support successfully its products to the expectations of its customers. Additional information relating to the uncertainty affecting the PROS business are 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.



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