Business Wire

PROS (NYSE: PRO), a leading provider of pricing and revenue optimization science and software, announced today that Chris J. Jones has joined the PROS Leadership Team and will lead global sales efforts in our Manufacturing, Distribution and Services markets.

"We are pleased to welcome Chris to the PROS Leadership Team and look forward to his leadership as Chief Sales Officer, Manufacturing, Distribution and Services," said Bert Winemiller, Chairman of the PROS Board of Directors and Chief Executive Officer. "Chris brings valuable leadership experience as a technology company executive that most recently led a business unit with over $600 million in annual revenues. His wealth of experience in generating revenue growth and building strategic business relationships in customer and partner ecosystems will add significant value to our sales efforts in our Manufacturing, Distribution and Services markets."

Christopher J. Jones

Most recently, Chris served as Microsoft’s General Manager for the Greater Southeast District, where he directed Microsoft’s “Enterprise and Partner Group” business across six southern states. The business unit had more than $600M in annual revenues. In this capacity, Chris led diverse teams of sales, partner, marketing, services and technical professionals responsible for driving sustained business value with over 300 large corporate customers and 25 managed partners.

Prior to joining Microsoft, Chris held positions of increasing responsibility with other leading technology firms including field sales management, business development, and operations. He began his corporate career at MCI Telecommunications and served as MCI’s Branch Director for the Carolinas. He also served as the Southeast Area Manager for EMC, the leader in enterprise storage and information management solutions.

Chris has been recognized as a “Chairman’s Circle” winner in each and every role during his 20 years in the technology industry due in large part to his passion for customers, growing people and commitment to operational excellence. He is a featured case study in a recently published book “Topgrading for Sales - World class methods to interview, hire and coach top sales representatives.” Chris is a graduate of the University of Richmond in Virginia with a B.A. in Economics and Sociology.

PROS develops and implements science-based price and margin optimization software for Fortune Global 2000 sized companies. PROS software empowers users to understand how pricing impacts profitability, bring scientific pricing strategies to market, and negotiate pricing using scientific price guidance. Traditional pricing methods such as cost plus and match the competition are destructive and leave margin opportunities unrealized. PROS works to implement pricing excellence best practices such that our customers can make a fact base decision about how to price their products and services. PROS is focused on delivering significant value to our customers early in our implementations with an increasing ROI over time and low Total Cost of Ownership.

PROS software products deliver significant benefits to companies that have a large number of B2B customer segments or products. PROS optimizes price lists for companies with Published List Prices, Price Volume Agreements, Dynamic Price Lists, Group Purchase Organization Pricing, and complex Product Family / Category Pricing. PROS also specializes in transaction price optimization such as optimized prices for Negotiated Deals, optimized price guidance for Sales Forces with Pricing Power, Customer Specific Price Quotes, Multi-tiered Distribution Channels and other complex B2B pricing challenges. PROS believes there are thousands of companies in the Manufacturing, Distribution and Services industries that have one or more of these pricing needs and the market for Pricing and Margin Optimization software is still in the early innovator stage, as a leading Industry Analyst recently stated that market penetration is in the low single digits.

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.