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SciQuest's Charitable Fund Bestows Grants to Organizations Dedicated to Improving Lives

SciQuest's Charitable Fund Bestows Grants to Organizations Dedicated to
Improving Lives

CARY, N.C., Nov. 12, 2013 (GLOBE NEWSWIRE) -- SciQuest, Inc. (Nasdaq:SQI), a
leading provider of cloud-based business automation solutions for spend
management, today unveiled the latest endeavors from its SciQuest Charitable
Fund. The latest round of donations supports organizations focused on
strengthening local youth and young adults in crisis, as well as helping the
homeless. SciQuest, working with the Triangle Community Foundation, created
the fund in 2011.

Twice a year, the SciQuest Charitable Fund makes donations focusing on both
national and regional 501c3 organizations. In addition to supporting local
North Carolina charities, SciQuest also selects a charity near one of its
other locations to support.

This year's recipients include:

  *The Hope Center at Pullen, the only non-profit organization in Wake County
    solely dedicated to serving the needs of young people transitioning out of
    foster care. The Hope Center at Pullen works with young adults between the
    ages of 18-25 who are either transitioning out of foster care or who have
    spent time in foster care during their lives. The Hope Center at Pullen
    becomes the new hub of services and support for these young adults. Its
    approach with participants who are on the fringe of being homeless or
    other participants, who are already homeless, is to integrate housing
    support with other services. Staff works closely with each client to
    determine what other resources might be at their disposal to meet any gaps
    and to determine the type of assistance that is most likely to put the
    individual on the path toward self-sufficiency.
  *Bissell Centre, a Housing First organization that houses 240 chronically
    homeless people per year throughout the Edmonton, Alberta, Canada
    community and provides extensive support to help these individuals sustain
    their housing. The Bissell Centre's mission is to work with others to
    empower people to move from poverty to prosperity. They enable people to
    meet their own basic daily needs, participate in community, have
    sustainable livelihoods, feel hope for the future and make plans for a
    prosperous life.
  *Triangle Family Services (TFS), Emergency Housing Assistance Program
    provides emergency housing assistance to families living in Wake County
    whose income is 40 percent or below area median income, and who are at
    imminent risk of becoming homeless or are currently homeless. TFS meets
    the needs of hundreds of Wake County women, children and families in
    housing crisis through a unique combination of direct emergency housing
    assistance, professional case management and financial literacy education
    for families. It provides the only service in Wake County that focuses
    primarily on homeless prevention and rapid re-housing of individuals and
    families.

In addition to SciQuest's charitable giving, the company has also been
involved with Habitat for Humanity of Wake County, where dozens of employees
have contributed their time over the past several months. Habitat for Humanity
of Wake County builds safe, affordable houses for qualified homebuyers, which
are sold for no profit to the partner family who repays an affordable mortgage
over 20 years. Homeowners attend a series of workshops on financial literacy
and home maintenance so they are well prepared to be homeowners.

"Giving back is in our company's DNA, and we take our responsibilities as a
member of the local and global community very seriously," said Stephen Wiehe,
president and CEO of SciQuest. "The organizations we work with through the
SciQuest Charitable Fund are dedicated to empowering and improving the lives
of the people they come in contact with. We are honored to be able to support
their efforts."

About Triangle Community Foundation

Triangle Community Foundation is a nonprofit that manages over $160 million in
funds established by families, businesses, individuals, and organizations.
From these funds, it makes grants to nonprofit organizations and administers a
variety of programs for the community's benefit. The Foundation manages over
790 funds, ranging in size from $10,000 to $7 million, mainly for the benefit
of Wake, Durham, Orange and Chatham counties. During the 2012-2013 fiscal
year, the Foundation granted more than $13 million to nonprofits, schools and
community efforts.

About SciQuest

SciQuest (Nasdaq:SQI) is the largest publicly held pure-play provider of
cloud-based business automation solutions for spend management – offering deep
domain knowledge and a leading, customer-driven portfolio. 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. Learn more about
our solutions and how we can help your organization turn spending into savings
at www.sciquest.com.

To join the conversation, please visit our blog, The Open Kitchen 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 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.

CONTACT: SciQuest Media contact:
         SciQuest, Inc.
         Michelle Perkins, 919-659-2228
         mperkins@sciquest.com
        
         fama PR for SciQuest
         Dan Gaffney, 617-986-5036
         sciquest@famapr.com
        
         SciQuest Investor contact:
         SciQuest, Inc.
         Jamie Andelman, 919-659-2322
         jandelman@sciquest.com
 
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