64 lines
3.0 KiB
Plaintext
64 lines
3.0 KiB
Plaintext
Message-ID: <1029086.1075855487689.JavaMail.evans@thyme>
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Date: Thu, 26 Oct 2000 10:32:00 -0700 (PDT)
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From: achrisco@prosrm.com
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To: fermis@ect.enron.com
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Subject: PROS Named to Houston 100 (R)
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PROS Revenue Management Named to The Houston 100(r)
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Pricing optimization leader makes Fastest Growing Companies List
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October 26, 2000 - Houston-PROS Revenue Management, the world's leader in
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revenue management science and the pioneer and dominant provider of revenue
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management to the airline industry, today announced that it has been named to
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The Houston 100(r), a ranking of the fastest-growing private businesses
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making the greatest economic impact on the Houston area. PROS has shown a 79
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percent growth in revenues from 1997 to 1999.
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The Houston 100(r) profiles Houston's fastest-growing businesses based on
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sales and revenues over a three-year period. It is an annual program of the
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University of Houston Small Business Development Center and is sponsored by
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Comerica Bank-Texas and underwritten by Southwestern Bell, the Greater
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Houston Partnership and the Houston Business Journal.
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"It's an honor to be named in the top 100 list of growing private companies,"
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says Bert Winemiller, President and CEO of PROS. "The past two years have
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seen tremendous growth in revenue management, and we have been leading the
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charge by providing products to the airline, energy and other industries. Our
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most recent quarter set records, and our year-end outlook is very positive."
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PROS Revenue Management is the world's leader in revenue management science
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and the pioneer and dominant provider of revenue management to the airline
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industry. PROS provides system solutions to the airline, cargo, rail, energy,
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healthcare and broadcast industries, and has delivered over 180 systems to
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more than 82 clients in 25 countries. The PROS mission is to maximize the
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revenue of each client using PROS' world-leading revenue management science,
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systems solutions and best practices business consulting. PROS clients report
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annual incremental revenue increases of 2-8% as a result of revenue
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management. PROS solutions forecast demand, optimize inventory and provide
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dynamic pricing to maximize revenue.
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Founded in 1985 in Houston, PROS Revenue Management has a five-year
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compounded revenue growth of 40%, in large part due to the intellectual
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capital of its staff. Nearly half of PROS' employees have advanced degrees
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and the staff speaks a cumulative total of 26 languages. The company is
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profitable with 1999 revenue exceeding $21 million. PROS' strong balance
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sheet is evidence of the company's continued success. For more information on
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PROS Revenue Management, please visit www.prosRM.com or call 713-335-5813.
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Contact:
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Sean K. Thompson - Corporate Communications
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713-335-5813
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713-529-7037 - fax
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sthompson@prosRM.com
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