SciQuest Edge™ Delivers Instant Savings

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

SciQuest, Inc. SQI, the leading public provider of spend management solutions, has delivered the easiest and fastest way to capture value beyond savings with the new SciQuest Edge purchasing program. Included with SciQuest's eProcurement solutions, SciQuest Edge delivers instant savings with pre-negotiated discounts from key suppliers.

"SciQuest has leveraged the collective buying power of our user community to provide discounts to customers quickly and easily," said Stephen Wiehe, president and CEO of SciQuest. "With instant access to preferred suppliers in many critical categories, SciQuest customers can implement eProcurement solutions even faster without having to negotiate terms on their own."

SciQuest Edge allows customers to simply select the applicable suppliers and products from a comprehensive list, ask that they be enabled and immediately enjoy discount pricing. Suppliers in SciQuest Edge have delivered consistent performance over time, while optimizing integration and communications with SciQuest's eProcurement software. The result is a high quality experience with a high return on investment.

More than just a discount program for buyers, SciQuest Edge facilitates connections between buyers and suppliers across the SciQuest community.

"As Lowe's focuses on meeting our Pro customers whenever and wherever they choose to interact, Lowe's looked to align itself with a market leader in the eProcurement channel and SciQuest is a clear choice," said Mike Horn, vice president of ProServices, Lowe's Companies Inc. "The SciQuest Edge program is a perfect example of how small, medium and large businesses across the country can purchase online from over 1,700 Lowe's stores and over 500,000 items with the value of SciQuest Edge. Pros using the SciQuest Edge will have access to all of Lowe's ProServices offerings which includes dedicated account managers, in-store pickup and jobsite delivery for all of their maintenance, repair and operational needs and more."

SciQuest Edge also offers customers value beyond savings through faster implementation of participating suppliers. Eliminating the need to negotiate terms with key suppliers or even execute sourcing events, SciQuest Edge gives users access to a wide range of products and services including office supplies, IT equipment and background checks.

"SHI chose to participate in SciQuest Edge because it gives us another opportunity to broadcast our extensive catalog offering within our newly renovated punch-out site," said John DAquila, Director of eCommerce Operations at SHI International Corporation. "With over 15 years of supporting punch-out catalogs and a large number of mutual customers with SciQuest, it was a great fit."

SciQuest Edge is available now at no additional charge for qualifying SciQuest customers and suppliers. For a list of participating suppliers and more information, please visit http://www.sciquest.com/solutions/sciquest-edge.

About SciQuest

SciQuest SQI is the leading public provider of spend management solutions delivering value beyond savings. Through the continued release of key innovative technology and a fanatical drive toward making our customers successful, we deliver exceptional value in user experience, productivity and operational efficiency. Our cloud-based, mobile-enabled, source-to-settle platform addresses all stages of procurement from the automation of core processes to enabling sophisticated, strategic and multifaceted sourcing solutions. We specialize in handling simple procurement needs to the most advanced supplier and supply chain requirements. SciQuest serves a wide range of industries and organizations including many of the Global Fortune 500. For more information visit http://www.sciquest.com.

To join the conversation, please visit our blog at http://www.sciquest.com/blog 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 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 http://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.

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