Spirit Airlines Partners With PROS

2nd Apr 2002

Spirit Airlines announces a partnership with PROS Revenue Management, the world`s leader in revenue management science and software for the airline industry. Revenue management is the science of maximizing profits through forecasting and scientific optimization of pricing and inventory. “Spirit Airlines is pleased to partner with PROS to create a custom-configured revenue management system. As the largest privately-held airline in the United States, Spirit continues to focus on solid industry and consumer rankings, leading monthly load factors and profitable margins for 2002,” said Tom Anderson, senior vice president of marketing. “With 17 years of airline industry experience, PROS is a key partner to help Spirit reach and exceed important financial benchmarks with unique technology and software solutions,” continued Anderson. “Spirit Airlines has proven itself to be an ambitious player and an innovator in the marketplace. Likewise, we at PROS are proud of our reputation as the leading revenue management solutions provider in the industry. We attribute much of our success to the strong partnerships that we form with each of our clients, and we look forward to helping Spirit Airlines accomplish its goals,” stated Benson Yuen, president of PROS Revenue Management’s Airline Group.

About Spirit Airlines Headquartered in Fort Lauderdale, Florida, Spirit Airlines links major Northern and Midwestern United States cities to popular destinations in Florida, South Carolina, California, and the Caribbean. Celebrating its 11th year of offering low-fare service, Spirit Airlines serves Chicago/O’Hare, Detroit, NY/LaGuardia, Atlantic City, N.J., Los Angeles, Oakland, Calif., Myrtle Beach, S.C., San Juan, Puerto Rico, Denver, Colo. and the Florida cities of; Fort Lauderdale, Fort Myers, Orlando, West Palm Beach and Tampa. The airline flies a fleet of modern aircraft and operates scheduled and charter service. Spirit’s low fares never require an advance purchase or a minimum stay. Low one-way fares are always available. Reservations can be made online at www.spiritair.com, by calling 1-800-772-7117 or en Español at 1-800-756-7117, or through local travel agents.

About PROS Revenue Management PROS Revenue Management is the world’s leader in pricing and revenue optimization solutions and the pioneer and dominant provider of revenue optimization to the airline and energy industry. PROS provides system solutions to the airline, energy, healthcare, hospitality, broadcast, rail, and cargo industries and has licensed 241 systems to more than 102 clients in 39 countries. PROS’ clients include 15 of the top 25 carriers in the airline industry. The PROS mission is to maximize the revenue of each client using PROS’ world-leading revenue optimization science, enterprise profit optimization, and pricing optimization solutions. PROS’ clients report annual incremental revenue increases of six to eight percent as a result of demand forecasting and revenue optimization. PROS’ solutions forecast demand, optimize inventory, and provide dynamic pricing optimization to maximize revenue. Founded in 1985 in Houston, PROS Revenue Management has a five-year compounded revenue growth of 33 percent, in large part due to the intellectual capital of its staff. More than half of PROS’ professional staff has advanced degrees and the staff speaks a cumulative total of 26 languages. The company is profitable with Year 2001 revenue of $37 million. For more information on PROS Revenue Management, please visit www.prosRM.com or call 713-335-5151.



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