SciQuest Partners with MercuryGate to Deliver Transportation Management Solutions

MORRISVILLE, N.C.--(BUSINESS WIRE)--

SciQuest Inc. SQI, a leading provider of cloud-based business automation solutions for spend management, today announced a new partnership with MercuryGate, one of the fastest growing Transportation Management Systems (TMS) companies in the industry. This relationship extends advanced transportation sourcing capabilities to MercuryGate customers and provides SciQuest customers with a leading SaaS-based TMS option.

"SciQuest and MercuryGate have very complementary offerings and we serve a common customer base," said Jeremy Becker, Vice President - Business Development at SciQuest. "This partnership is designed to promote SciQuest's Advanced Sourcing Optimizer to MercuryGate Customers in need of strategic transportation sourcing while promoting MercuryGate's Transportation Management System to SciQuest Customers who are in need of execution systems."

"There is great alignment between the customer bases at MercuryGate and SciQuest," said Dan Vertachnik, EVP & Chief Commercial Officer at MercuryGate. "We believe that our partnership will be a fruitful and mutually beneficial one, and we look forward to working with SciQuest customers to help them meet their transportation management needs."

About SciQuest

SciQuest SQI spend management solutions enable procurement, sourcing and financial professionals to focus on strategic decisions that transform business processes. Our feature-rich products and expert services help hundreds of organizations, including leading global companies, drive bottom line results by improving, automating and optimizing their source-to-settle processes.

Learn more about our solutions and how we can help your organization turn spending into savings at www.sciquest.com.

To join the conversation, please visit our blog, The Open Kitchen at http://www.sciquest.com/blog or follow us on Twitter @SciQuest.

About MercuryGate

MercuryGate International delivers collaborative, global transportation management solutions for shippers, carriers, brokers, freight forwarders and third party logistics providers enabling them to plan, optimize, execute and settle global transportation movements while providing complete end-to-end control tower visibility and decision support. With MercuryGate's configurable architecture and workflow engine, MercuryGate clients are able to manage parcel, LTL, intermodal and truckload shipments as well as complex multi-leg, ocean, air, and rail movements. Visit MercuryGate at: www.mercurygate.com or contact us directly at, sales@mercurygate.com.

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 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 are discussed in "Part I, Item 1A, Risk Factors" and elsewhere in SciQuest's most recent Annual Report on Form 10-K and other reports, as filed with the United States Securities and Exchange Commission ("SEC"). The company's SEC reports are available free of charge on the SEC's website at http://www.sec.gov or on the company's website at www.sciquest.com. These forward-looking statements speak only as of the date hereof, and SciQuest undertakes no obligation to update, amend or clarify any forward-looking statement for any reason. Given these risks and uncertainties, investors should not place undue reliance on forward-looking statements as a prediction of actual results.