25.08.2008 10:20:00
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PROS Expands Board with New Independent Director
PROS Holdings, Inc. (NYSE:PRO), a leading provider of pricing and
revenue optimization science and software, announced today that Mrs.
Ellen Keszler has joined its board of directors, effective August 21,
2008. Mrs. Keszler will also serve as a member of the Audit and the
Nominating and Governance Committees. With the addition of our newest
director, PROS' Board has been expanded to eight directors, five of whom
are independent.
"We are pleased to welcome Ellen as our newest independent director on
PROS' Board," said Bert Winemiller, Chairman of the PROS Board of
Directors and Chief Executive Officer. "Ellen's leadership experience as
a technology company executive and her wealth of financial experience
will add significant value to the PROS Board of Directors and to our
stockholders in her role as independent director."
Mrs. Keszler, currently, serves as President and Chief Executive Officer
of Clear Sky Associates, a management and strategy consulting firm
focused on the technology and travel industries. Previously, Mrs.
Keszler served as President of Travelocity Business from 2003 to 2007, a
technology-focused corporate travel management company. From 2000 to
2003, Mrs. Keszler served as Senior Vice President - North American
Division of Sabre Travel Network, a travel technology and services
business. From 1987 to 2000, Mrs. Keszler held various finance roles at
Sabre Holdings, American Airlines and JCPenney. These functions included
financial planning, strategic analysis, treasury, mergers and
acquisitions, and financial operations. Mrs. Keszler holds an MBA from
the University of Texas at Austin and a BS degree in Civil Engineering
from Texas A&M University.
About PROS
PROS Holdings, Inc. (NYSE:PRO) is a leading provider of pricing and
revenue optimization software products, specializing in price analytics,
price execution and price optimization. By using our software products,
our customers gain insight into their pricing strategies, identify
detrimental pricing practices, optimize their pricing decision-making
and improve their business processes and financial performance. PROS'
software products incorporate 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 hundreds of simultaneous users and sub-second
electronic transactions. PROS provides professional services to
configure our 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 300 employees,
more than 100 with advanced degrees and 20 with Ph.D.s.
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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