Communiqué de presse

PROS to De-list Cameleon Shares from NYSE Euronext 

HOUSTON AND PARIS, Oct. 27, 2014 – PROS® (NYSE: PRO), a big data software company, and Cameleon Software SA (Paris: CAM) today announced PROS has successfully completed its acquisition of over 95% of the outstanding shares and voting rights of Cameleon Software SA.

PROS previously announced a second tender offer for Cameleon on September 15, 2014, at a price of €2.20 per share of common stock of Cameleon. 

PROS now controls more than 95% of Cameleon’s outstanding shares and voting rights as a result of 466,790 Cameleon shares tendered during the second tender offer period ended October 22, 2014.

Cameleon shareholders who tendered during the initial tender offer period or its extended offering period ended on January 21, 2014, are entitled to the price complement premium of € 0.15 in cash per share and warrants as a result of PROS controlling more than 95% of Cameleon’s outstanding shares and voting rights before December 31, 2014.

Les logiciels de configuration, de tarification et de devis (CPQ) rationalisent et simplifient les activités de configuration, de tarification et de génération de devis qui accompagnent les solutions et la vente négociée. Les applications CPQ sont également déployées pour soutenir les environnements de vente en libre-service, y compris le commerce interentreprises (B2C) et le commerce interentreprises (B2B). Selon Gartner, Inc, l'optimisation des prix et le CPQ sont les deux seules technologies d'efficacité commerciale identifiées comme "transformationnelles" dans son rapport "Hype Cycle for CRM Sales, 2013". Dans ce même rapport, le CPQ et l'optimisation des prix sont reconnus comme étant au début de la phase d'adoption générale du marché.

PROS plans to request from the Autorité des Marchés Financiers (AMF) the implementation of a mandatory acquisition (squeeze-out) of the remaining shares not held by PROS, and thereafter de-list Cameleon from the NYSE Euronext exchange.

“Today we’ve finalized the acquisition of Cameleon Software, and I’m pleased with the progress we’ve made integrating our organizations and working together as a single team,” said PROS President and CEO Andres Reiner. “The addition of Cameleon CPQ solutions to our portfolio provides customers with the power of a single opportunity-to-revenue platform that enables improved sales performance by leveraging prescriptive guidance, powered by our patented big data science.”

À propos de PROS

PROS Holdings, Inc. (NYSE : PRO) est une société de logiciels de big data qui aide les clients à surpasser leurs marchés en utilisant le big data pour vendre plus efficacement. Nous mettons à profit 29 ans d'expérience en science des données pour débloquer les modèles d'achat et les préférences dans les données de transaction afin de révéler les opportunités les plus susceptibles d'être conclues, les offres les plus susceptibles d'être vendues et les prix les plus susceptibles d'être gagnants. PROS propose des solutions de big data pour optimiser les ventes, la tarification, les devis, les remises et la gestion des revenus dans plus de 40 secteurs d'activité. PROS a réalisé plus de 700 implémentations de ses solutions dans plus de 55 pays. L'équipe de PROS compte plus de 900 professionnels à travers le monde. Pour en savoir plus, visitez le site www.pros.com.

Déclarations prospectives

This press release contains forward-looking statements, including statements about the mandatory acquisition and delisting process, the functionality and benefits of CPQ 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 expectations as to the requirements of the AMF for the mandatory acquisition and of the NYSE Euronext for delisting, its historical experience with pricing and big data software and its current expectations of the benefits of pricing 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 changes in the AMF and NYSE Euronext requirements, the addressability of an organization’s pricing and 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 pricing 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.

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Media Contact:
James Garber
pros@marchcomms.com
617-960-9875

Investor Contact:
Staci Strauss-Mortenson
staci.mortenson@icrinc.com
203.682.8273