SciQuest Named to SupplyChainBrain’s 100 Great Supply Chain Partners
Publication Recognizes SciQuest for its Expertise in Helping Companies Increase Efficiency While Reducing Expenses
Cary, NC - SciQuest (NASDAQ: SQI), a leading provider of on-demand strategic procurement and supplier management solutions, today announced it has been named a “2011 Great Supply Chain Partner” by SupplyChainBrain magazine.
SupplyChainBrain’s 9th annual list of “100 Great Supply Chain Partners” is the result of a six-month on-line poll in which supply chain professionals were asked to nominate vendors and service providers whose solutions have made a significant impact on their company’s efficiency, customer service and overall supply chain performance.
“It is an honor to be recognized for our work helping our customers transform their supply chains so they can achieve greater visibility into spending, increase collaboration and negotiate more strategic contracts,” said Gamble Heffernan, vice president of marketing, SciQuest. “In today’s challenging economy, we provide organizations with the necessary resources to turn spending into a source of savings.”
SciQuest customers include many of the world’s leading organizations in the higher education, life sciences/commercial, healthcare and public sector markets. With SciQuest’s solutions, organizations are able to gain real-time visibility into spending, aggregate their buying power and eliminate time-consuming and costly tasks traditionally associated with the purchasing process.
“Nominations were received for hundreds of trading partners in every aspect of supply chain management,” said Brad Berger, SupplyChainBrain publisher. “The 100 Great Supply Chain Partners includes the select list of companies who have so impressed our readers that they deserve to be singled out and to be held up as examples for others in the industry.”
The 100 Great Supply Chain Partners will be featured in the July/August edition of SupplyChainBrain and available on line at www.supplychainbrain.com.
About SupplyChainBrain – www.supplychainbrain.com
SupplyChainBrain, the world’s most comprehensive supply chain management information resource, is accessed year round through a wide range of ever evolving multi-media formats by hundreds of thousands of senior level industry executives. In addition to addressing the fundamental principles of supply-chain management, SupplyChainBrain identifies emerging trends, technologies and best practices, forward-thinking ideas and cutting-edge solutions and continues to write and report about these as they evolve and mature.
SciQuest (NASDAQ: SQI) is a leading provider of an integrated, web-based end-to-end eProcurement solution that enables users to realize significant efficiencies and savings on their purchases of indirect goods and services. SciQuest’s unique industry segment expertise and innovative “source-to-settle” approach to eProcurement enables Fortune 1000 companies and organizations in the higher education, life sciences, healthcare and public sector markets, as well as other industries, to identify savings opportunities they may otherwise have missed, while improving contract management, compliance and supplier management. SciQuest’s solutions help customers turn spending into a source of savings.
SciQuest is a registered trademark of SciQuest, Inc. Other trademarks contained herein remain the property of their respective owners. For more information about SciQuest, please visit www.sciquest.com or call 888-638-7322 in the U.S. or +44 1794 341182 in Europe.
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.
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