SciQuest Appoints Industry Veteran Stacy West to Vice President of Marketing & Communications

  SciQuest Appoints Industry Veteran Stacy West to Vice President of Marketing
  & Communications

 West brings more than 25 years of sales and marketing experience to SciQuest
    to advance the company’s growth strategy and overall product marketing
                                  leadership

Business Wire

CARY, N.C. -- November 15, 2012

SciQuest, Inc., (NASDAQ: SQI) a leading provider of cloud-based spend
management solutions, today announced the appointment of Stacy J. West to vice
president, marketing and communications. With more than 25 years of marketing
leadership experience, West has a proven track record in strategic planning
and the successful development and execution of communications plans. As vice
president of marketing and communications, West is responsible for marketing
plan development and execution, internal and external communications, demand
generation, branding, public relations and event management.

“Stacy is a proven industry veteran and we are thrilled to have her lead the
SciQuest marketing team,” said Stephen Wiehe, president and CEO of SciQuest.
“With an impressive background in generating and implementing successful
integrated marketing campaigns, Stacy will help drive SciQuest’s continued
growth in the delivery of cloud-based source-to-settle solutions across the
globe.”

Before joining SciQuest, West was the director of marketing at Océ, a leading
provider of high-volume digital printing solutions. In this role, she helped
achieve an increase of 30 percent in revenue and 6 percent in profit for the
company. She was also responsible for strategic planning, marketing plan
development, budget management and database management and analytics. West was
also the Graphic Arts Marketing Manager & Interim Director for Hewlett-Packard
where she consistently helped achieve or exceed annual company revenue goals.

“With an already successful marketing platform in place, I am excited to join
the SciQuest team and contribute to the creative direction and overall success
of the Company,” said West. “SciQuest has a reputation for its innovative
approach to product development and marketing initiatives and I look forward
to further raising this bar and bringing the Company’s spend management
solutions to more organizations in vertical and horizontal markets.”

In addition to the growth of its marketing team, SciQuest continues to hire
aggressively across the entire company. For more information on current career
opportunities, please visit: http://www.sciquest.com/careers/.

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—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 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.

Contact:

SciQuest Media contacts:
Michelle Perkins, 919-659-2228
mperkins@sciquest.com
or
Schwartz MSL for SciQuest
Keith Giannini, 1-781-684-0770
sciquest@schwartzMSL.com
 
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