SciQuest Announces Date for Fourth Quarter and Full Year 2012 Financial Results

SciQuest Announces Date for Fourth Quarter and Full Year 2012 Financial
Results

CARY, N.C., Jan. 17, 2013 (GLOBE NEWSWIRE) -- SciQuest, Inc. (Nasdaq:SQI), a
leading provider of cloud-based spend management solutions, announced today
that it will release its fourth quarter and full year 2012 financial results
for the period ended December 31, 2012 after market close on Thursday,
February 7, 2013. On that day, management will hold a conference call and
webcast at 4:30 p.m. ET to review and discuss the Company's results for the
fourth quarter and full year 2012. A replay of this webcast will be available
after the call and accessible at http://investor.sciquest.com.

What:        SciQuest's fourth quarter and full year 2012 financial results
             conference call
When:      Thursday, February 7, 2013
Time:      4:30 p.m. ET
Webcast:   http://investor.sciquest.com (live and replay)
Live Call: (855) 297-9383, domestic
           (708) 290-1311, international
Replay:     (855) 859-2056, domestic
            (404) 537-3406, international
Live and replay conference ID code: 90763403

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 procurement, 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.

SQI-F

CONTACT: SciQuest Media contact:
         SciQuest, Inc.
         Michelle Perkins, 919-659-2228
         mperkins@sciquest.com
        
         SciQuest Investor contact:
         SciQuest, Inc.
         Jamie Andelman, 919-659-2322
         jandelman@sciquest.com
 
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