For Immediate Release
 
 

PROS Revenue Management Announces Profit Optimization Web Seminar for Marketing and Trading

 
January 22, 2002-Houston- PROS Revenue Management, the world's leader in pricing and revenue optimization science and software, invites you to attend PROS Energy Profit Optimization Web Seminar on Thursday, February 7, 2002. 
o        PROS Trading Optimization System: 3:00pm to 4:00pm Central Time  
The PROS Trading Optimization System utilizes PROS network optimization technology to optimally schedule natural gas volumes to market across multiple pipelines and provide buy/sell recommendations that maximize the revenue and utilization from all transportation assets.  In addition to the 10-15% profitability lift from optimal gas scheduling, the system also completely automates the scheduling process.  The PROS Trading Optimization System has been in live use since 2000.  Version 2.0 of the TOS system has been completely parameterized allowing companies to dynamically configure the system for multiple unique pipeline trading strategies and tariffs.
A Wall Street analyst was quoted: "By 2002, companies that neglect to implement revenue optimization techniques will become uncompetitive."  PROS Revenue Management solutions have been credited with delivering 6-8% incremental revenue and 20-100% incremental profits.   This Web seminar will allow industry leaders from the energy industry to learn from the experience PROS has gained in over 17 years of deploying these solutions.
The Web format for the seminar will allow participants to attend from remote locations, ask questions in real-time, and interact with the presenter through an Internet browser and toll-free telephone number.  
This seminar is free of charge, but spaces are limited and will be available on a first come first served basis.  For more information and registration, please check PROS' Web site at the following link:  www.prosrm.com. <http://%20www.prosrm.com./>  Interested participants will be contacted to receive conference access information.
 
 
PROS Revenue Management is the world's leader in pricing and revenue optimization solutions and the pioneer and dominant provider of revenue management to the airline and energy industry. PROS provides system solutions to the airline, energy, cargo, rail, healthcare, and broadcast industries, and has licensed 238 systems to 99 clients in 39 countries.  PROS' clients include 15 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 management science, systems solutions, and best practices business consulting. PROS' clients report annual incremental revenue increases of 6-8% as a result of revenue management. PROS' solutions forecast demand, optimize inventory, and provide dynamic pricing to maximize revenue.
 
Founded in 1985 in Houston, PROS Revenue Management has a six-year compounded revenue growth of 40%, in large part due to the intellectual capital of its staff. Nearly half of PROS' professional staff has advanced degrees and the staff speaks a cumulative total of 26 languages. The company is profitable with Year 2000 revenue of $29 million. For more information on PROS Revenue Management, please visit www.prosRM.com or call 713-335-5151.
 
Contact: Candy Haase, Vice President Marketing
713.335.5253 / chaase@prosrm.com