SciQuest’s Three-Day Event Becoming Standard for Organizations Focused on Driving Spend Savings across Procurement, Accounts Payable, Contract Management, and Spend Analysis

Company Website: http://www.sciquest.com/
CARY, N.C. -- (Business Wire)

SciQuest (NASDAQ: SQI), a leading provider of cloud-based business automation solutions, thanks attendees for another highly successful NextLevel 2013 conference. More than 650 attendees from nearly 300 organizations participated in the three-day conference, which took place at the JW Marriott San Antonio Hill Country last week. Attendance was up 20 percent from last year, and featured representatives from major brands such as Eastman Chemical, John Deere, Dell, IBM, Molson Coors, ROi (Resource Optimization & Innovation) and Harvard.

This year’s conference featured the most diverse line-up of topics with sessions focusing on supplier management, accounts payable, strategic sourcing, spend analysis and contract management. Participants also had a unique opportunity to network with their peers and hear first-hand about success stories and emerging trends.

SciQuest also spotlighted its customers’ achievements during the “Questies” award dinner on Tuesday night. Organizations and individuals were recognized for their efforts in collaborative purchasing as well as overall innovation. The 2013 Questie winners are:

• Cuyahoga Community College, Rookie of the Year
• University of Southern California, Rookie of the Year
• Pitney Bowes, Technical Innovator
• University of Southern California – San Diego (UCSD), Continued Solid Performance
• OptumHealth, Continued Solid Performance
• Beth Faber from Eastman Chemical, Industry Influencer
• Sandy Hicks from University of Colorado, Industry Influencer
• Deloitte, Partner

“Our customers are truly trailblazers, breaking new ground in purchasing consortiums, strategic spending and contract negotiations and management,” said Stephen Wiehe, president and CEO, SciQuest. “NextLevel continues to attract industry visionaries who are passionate about transforming business processes in their organizations and sharing their knowledge and insights with their peers. It is this collaboration and sense of community that makes NextLevel such a successful event year after year.”

To view the NextLevel video recap please visit The Open Kitchen http://www.sciquest.com/nextlevel-2013-recap/.

About SciQuest

SciQuest’s (NASDAQ: SQI) easy to use solutions help contract management, procurement, and accounts payable professionals make daily operations efficient through smart automation, and turn the focus on more strategic decisions that impact the bottom line. With unmatched visibility into spending, combined with the Power of Q — the Company’s unique combination of products and support — SciQuest provides organizations with a strategic approach to spend management, improving bottom-line results.

To join the conversation, please visit our blog, The Open Kitchen—or follow us on Twitter @SciQuest.

Cautionary Note Regarding Forward-Looking Statements

Any statements in this release that are not historical or current facts are forward-looking statements. All forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performances or achievements expressed or implied by the forward-looking statements. Certain of these risks and uncertainties are described in the “Risk Factors” section of our Registration Statement on Form S-1 and other required reports, as filed with the SEC, which are available free of charge on the SEC’s website at http://www.sec.gov or on our website at www.sciquest.com. Given these risks and uncertainties, investors should not place undue reliance on forward-looking statements as a prediction of actual results. These forward-looking statements speak only as of the date hereof, and we undertake no obligation to update, amend or clarify any forward-looking statement for any reason.

Contacts:

SciQuest Media:
Michelle Perkins, 919-659-2228
mperkins@sciquest.com
or
Schwartz MSL for SciQuest
Keith Giannini, 1-781-684-0770
sciquest@schwartzMSL.com
or
SciQuest Investor:
SciQuest, Inc.
Jamie Andelman, 919-659-2322
jandelman@sciquest.com

Source: SciQuest, Inc.