Arizona State University Wins Supply & Demand Chain Executive’s Green Supply Chain Award

SciQuest (NASDAQ: SQI), a leading provider of on-demand strategic procurement and supplier management solutions, congratulates its customer Arizona State University on receiving a Supply & Demand Chain Executive 2011 Green Supply Chain Award. Arizona State University (ASU) was selected for its ambitious sustainability initiative.

Supply & Demand Chain Executive is the executive’s user manual for successful supply and demand chain transformation. The 2011 Green Supply Chain Awards recognizes companies that are making green or sustainability a core part of their supply chain strategy and are working to achieve measurable sustainability goals within their own operations. Submissions were judged based on the clarity and content of the goals and strategy, the extent of the steps being taken, the impact of the results to date and projected results.

ASU’s goal is to become completely carbon-neutral and totally sustainable by 2035. To achieve these objectives, ASU is researching and investing in energy conservation and on-site renewable energy, educating staff and students and implementing a green purchasing policy and supply chain.

"We’re honored to be acknowledged for embracing more green and sustainable practices throughout our entire organization,” said John Riley, executive director, Purchasing & Business Services, ASU. "As part of our overall initiative, we have also implemented a green purchasing policy that is focused on selecting environmentally friendly goods and services. With SciQuest, staff and faculty are assured access to a variety of products that comply with our policy.”

"ASU’s sustainability initiative is truly groundbreaking and serves as a blueprint for schools and organizations looking to minimize their environmental impact,” said Max Leisten, market director for Higher Education, SciQuest. "The university’s green purchasing policy takes the guesswork out of making the right choices. Integrating eProcurement ensures organizations like ASU have access to the tools they need to be successful.”

The Green Supply Chain Award winners will be featured in the November/December issue of Supply & Demand Chain Executive.

About Supply & Demand Chain Executive

Supply & Demand Chain Executive is the executive's user manual for successful supply and demand chain transformation, utilizing hard-hitting analysis, viewpoints and unbiased case studies to steer executives and supply management professionals through the complicated, yet critical, world of supply and demand chain enablement to gain competitive advantage. Supply & Demand Chain Executive is a publication of Cygnus Business Media. On the Web at www.SDCExec.com and on smartphones and tablets at www.SDCExec.com/mobile.

About Cygnus Business Media

Cygnus Business Media reaches millions of professionals annually. As one of America's top business-to-business media companies, Cygnus is leading the way in providing targeted content to top decision-makers and organizations. The company's corporate initiatives and organizational architecture are built with one goal: fully engaging audiences in Aviation, Building & Construction, Public Safety & Security, Agriculture vertical markets and a variety of other industries. For more information, visit www.cygnusb2b.com.

About SciQuest

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. Join the conversation on our blog, The Open Kitchen—http://www.sciquest.com/blog.

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.