08.02.2011 17:32:00
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PROS Promotes Oscar Moreno to Senior Vice President of Products
Pros (NYSE: PRO), the world leader in business-to-business pricing and margin optimization software, today announced the promotion of Oscar Moreno to senior vice president of products. In his new role, Oscar will lead overall product strategy and innovation for PROS pricing and revenue management solutions. His responsibilities will include product management, science and research, product development, quality assurance and customer support.
"For more than 10 years, Oscar has played a key role in driving the product innovation that has led to PROS market leading position today,” said Andres Reiner, president and CEO of PROS. "We are confident that his insights, experience, and exceptional leadership skills will help PROS continue to drive innovation and deliver unparalleled value to our customers.”
A member of the PROS team since 1999, Oscar most recently held the position of vice president of product development with responsibility for development, quality assurance, and support for the PROS pricing and revenue management solutions. Overseeing the latest technology and software development best-practices, Oscar worked closely with PROS product management and sales to ensure products address customer and market requirements. Prior to joining PROS, Oscar served as software development manager for Avantel, a telecommunications company owned by MCI and Banamex. He has a Computer Systems Engineer Degree from The Monterrey Institute of Technology.
About PROS
PROS Holdings, Inc. (NYSE: PRO) is a leading provider of prescriptive enterprise pricing and margin 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. Founded in 1985, PROS has implemented over 500 solutions across a range of industries in 50 countries. PROS is headquartered in Houston, Texas and 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 is 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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