NAEP Recognizes SciQuest's Customers for Procurement Excellence

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

SciQuest, Inc. SQI, the leading public provider of spend management solutions delivering value beyond savings, today announced the National Association of Educational Procurement (NAEP) recognized and honored several higher education customers during its Annual Meeting in May.

Representing outstanding influence in the field of procurement, the following institutions and university representatives were honored by NAEP:

• Sandy Hicks, Associate Vice President & Chief Procurement Officer, University of Colorado – Winner of the Bob Ashby Mentor of the Year Award, which recognizes a member for outstanding dedication to the procurement profession through the mentorship of another individual in procurement.
• Karen Harthorn, Associate Vice President of Procurement, University of St. Thomas – Winner of the Neil D. Markee Communicator of the Year Award, which recognizes a member who has made the most outstanding contribution to the profession during the year through the written or spoken word.
• Jennifer Adling, Director of Procurement Services, Texas Tech University – Winner of the Distinguished Service Award
• Houcine Chraibi, IT Procurement Officer and Sara Luther, Sourcing Manager at the University of Nebraska – Lincoln – Winners of the Young Professional Award
• Kevin Holmes, Assistant Vice President of Budget & Finance, Oklahoma State University – Tulsa – Nancy Tregoe Scholarship Award

"Sourcing and procurement continue to prove to be a critical, strategic function for higher education institutions which can positively impact the bottom line," said Stephen Wiehe, president and CEO of SciQuest. "This group of winners demonstrates that procurement is an important function that can be leaned on to ensure that operations run smoothly and efficiently. Moreover, they show how the procurement industry continues to innovate their processes and capabilities in a way that truly produces results."

For more information on the awards, please visit the NAEP website.

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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