SciQuest Named a Finalist in Three Categories for NCTA 21 Awards

SciQuest Named a Finalist in Three Categories for NCTA 21 Awards

Recognized in the Software Company, Mid-Size Company and Fast Growing Large Company Categories

CARY, N.C.--(BUSINESS WIRE)-- SciQuest (NAS: SQI) , a leading provider of cloud-based business automation solutions for spend management, today announced that the company has been named a finalist in three categories for the upcoming North Carolina Technology Association's NCTA 21 Awards. The NCTA 21 Awards are the only statewide program recognizing excellence in technology and winners will be announced at the annual Awards Gala on Thursday, November 7th at the Sheraton Imperial Hotel & Convention Center in Durham, NC.

A committee comprised of economic development, education, media, non-profit and technology leaders across the state reviewed the nominations and selected SciQuest as a finalist in the Software Company, Mid-Size Company and Fast-Growing Large Company categories. In 2012, SciQuest was recognized with NCTA's Public Company of the Year award for sustained growth, solid operating results and stock price appreciation.

"We are honored to be named a finalist and believe that this recognition further confirms our position as leaders in the burgeoning North Carolina technology scene," said Stephen Wiehe, president and CEO of SciQuest. "Our team has worked extremely hard to develop a culture of excellence and commitment to our customers spanning the entire organization, and it's nice to take some time to recognize the success that culture has bred. Congratulations and good luck to all the other finalists."

About SciQuest

With a reputation for deep domain knowledge, a solid customer-driven portfolio, and industry-leading customer satisfaction, SciQuest (NAS: SQI) is the largest public provider of cloud-based business automation solutions for spend management that turn spending into savings. SciQuest solutions enable greater visibility and compliance organization-wide to help you gain control, optimize efficiencies, and reduce spend. These cloud-based solutions are easier to implement and proven to deliver measurable, sustainable value with SciQuest's high-touch support, analysis and automation.

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About NCTA

The North Carolina Technology Association (NCTA) is a not-for-profit, membership-driven trade association and the primary voice of the technology industry in North Carolina. NCTA is the intersection of leadership and technology.

Cautionary Note Regarding Forward-Looking Statements

Forward-looking statements include information concerning our possible or assumed future results of operations, business strategies, financing plans, competitive position, industry environment, potential growth opportunities, potential market opportunities and the effects of competition. Forward-looking statements, which include all statements regarding financial performance for the remainder of 2013 and other future periods, consist of all statements that are not historical facts and can be identified by terms such as, but not limited to, "accelerates," "anticipates," "believes," "could," "seeks," "estimates," "expects," "intends," "may," "plans," "potential," "predicts," "projects," "should," "will," "would" or similar expressions and the negatives of those terms. Forward-looking statements 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, performance or achievements expressed or implied by the forward-looking statements. We discuss these risks in "Part I, Item 1A, Risk Factors" and elsewhere in our most recent Annual Report on Form 10-K and other required reports, as filed with the United States Securities and Exchange Commission ("SEC"). Our SEC reports are available free of charge on the SEC's website at or on our website at All forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Given these uncertainties, you should not place undue reliance on these forward-looking statements. Also, forward-looking statements represent our management's beliefs and assumptions only as of the date of this release. Given these risks and uncertainties, investors should not place undue reliance on forward-looking statements as a prediction of actual results. Except as required by law, we assume no obligation to update these forward-looking statements publicly or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

SciQuest Media contact:
SciQuest, Inc.
Michelle Perkins, 919-659-2228
fama PR for SciQuest
Eric Searle, 617-986-5034
SciQuest Investor contact:
SciQuest, Inc.
Jamie Andelman, 919-659-2322

KEYWORDS:   United States  North America  North Carolina


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