MASkargo Expands PROS Relationship with Big Data Applications to Support Network, Revenue Growth

Updated

MASkargo Expands PROS Relationship with Big Data Applications to Support Network, Revenue Growth

HOUSTON & KUALA LUMPUR, Malaysia--(BUSINESS WIRE)-- PROS® (NYS: PRO) , a big data software company, today announced MASkargo Sdn Bhd has expanded its relationship with PROS, adopting the company's latest-generation cargo solution to support its rigorous global growth plans. The transaction closed in the fourth quarter of 2012.

Headquartered in Kuala Lumpur, Malaysia, MASkargo operates from the Advanced Cargo Centre (ACC) of the Kuala Lumpur International Airport (KLIA) in Sepang. It is the cargo division of its parent company - Malaysia Airlines (MAS) - which operates scheduled, chartered air cargo services, ground handling services, as well as airport to seaport cargo logistics via ground transportation. Serving almost 100 destinations worldwide, MASkargo delivers through scheduled freighter services and belly space capacity on its holding company's aircraft.


"We continue to grow our business around the globe, and our goal is to be one of the world's most technically advanced cargo operators," said MASkargo CEO Mohd Yunus Idris. "A state-of-the-art cargo revenue management solution is an important component for our operations. The PROS cargo solution helps us analyze and monetize our big data, and enhance our revenue growth. Our aim is to provide innovative and cost-effective solutions, meeting our customers' satisfaction by consistently producing superior operating results. We count on PROS to help us make that possible."

"With our big-data technologies, we help our customers around the world fuel their growth," said PROS Travel President Benson Yuen. "MASkargo has been an outstanding PROS partner since 2004, and we've enjoyed a successful relationship through the years. We deeply appreciate the confidence MASkargo places in our company, and in the strength and quality of our next-generation cargo solutions."

To learn more about PROS, visit the website at www.pros.com.

About MASkargo

MASkargo is a cargo airline based at the Kuala Lumpur International Airport, where it serves almost 100 destinations worldwide. The company has developed into a global brand, becoming one of the most trusted cargo carriers, particularly in Asia. Its 108-acre complex is equipped with state-of-the art cargo handling facilities, serving customer cargo needs of up to one million tonnes of cargo annually. The global transshipment hub is equipped with sophisticated security features, including the latest technology in advanced cargo handling processes, fully automated procedures and real-time data tracking.

About PROS

PROS Holdings, Inc. (NYS: PRO) is a big data software company that helps customers outperform in their markets by using big data to sell more effectively. We apply 27 years of data science experience to unlock buying patterns and preferences within transaction data to reveal which opportunities are most likely to close, which offers are most likely to sell and which prices are most likely to win. PROS offers big data solutions to optimize sales, pricing, quoting, rebates and revenue management across more than 30 industries. PROS has completed over 600 implementations of its solutions in more than 50 countries. The PROS team comprises more than 700 professionals around the world. To learn more, visit www.pros.com.

Forward-looking Statements

This press release contains forward-looking statements, including statements about the functionality and benefits of revenue management software to organizations generally as well as the functionality and benefits of PROS software products. The forward-looking statements contained in this press release are based upon PROS historical experience with revenue management and big data software and its current expectations of the benefits of revenue management and big data software for organizations that implement and utilize such software. Factors that could cause actual results to differ materially from those described herein include the addressability of an organization's revenue management needs, the risks associated with PROS developing and enhancing products with the functionality necessary to deliver the stated results and the risks associated with the complex implementation and maintenance of revenue management and big data software such as PROS software products. 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.



PROS
Yvonne Donaldson, 713-335-5310
ydonaldson@pros.com

KEYWORDS: United States Malaysia Asia Pacific North America Texas

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