For Immediate Release
 
 

PROS Revenue Management's Web Seminar: 


Energy Profit Optimization for Natural Gas Trading

 
January 29, 2002-Houston- PROS Revenue Management, the world's leader in pricing and revenue optimization science and software, invites you to its web seminar spotlighting natural gas trading profit optimization, will be hosted on February 7th, 3:00 - 4:00pm Central Time.
 
Executives from the world's most forward-thinking companies have already registered to attend the seminar.  This seminar is of particular interest because it will address the broader applicability of revenue optimization, which has proven to be a "significantly effective competitive device" in industries where it has been deployed effectively.  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 to learn from the experience PROS has gained in over 17 years of deploying these solutions.
 
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.  The result is the reduction of the gas scheduling process to less than 60 seconds.
 
The seminar will address topics critical to understand how revenue optimization can be deployed in specific environments, including the following:
How revenue optimization works, 
How to estimate the potential value of a revenue optimization system, 
What is required for a successful revenue optimization initiative, and
Examples of revenue optimization success 
 
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 space is limited.  For more information and registration, please check PROS' Web site at the following link: www.prosRM.com <http://www.prosrm.com/energy/Webcast.html>.  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 over 235 systems to more than 95 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.