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CARY, N.C.--([ BUSINESS WIRE ])--SciQuest, Inc., (NASDAQ: SQI) a leading provider of on-demand strategic procurement and supplier management solutions, today announced that the [ State of Oregon ], a member of the [ Western States Contracting Alliance ] (WSCA), will implement SciQuest. WSCA chose SciQuestas eProcurement solution as the platform for its multi-state purchasing consortium in June of 2011. The State of Oregon will utilize SciQuestas full suite of procurement solutions, including Sourcing Director, Spend Director and Total Supplier Manager, to enhance collaboration with suppliers, improve strategic purchasing and increase overall visibility into spending.

"In todayas challenging economic environment, it is critical that public sector organizations automate purchasing processes and approach procurement more strategically. SciQuest helps us ensure that we are meeting our constituentsa needs in a fiscally responsible way."

The Oregon Department of Administrative Services, State Procurement Office (DAS/SPO) develops, establishes and administers contracts for goods and services on behalf of state agencies, state universities, select non-profit organizations and local governments.

aWe were impressed with SciQuestas proven history of implementing successful consortium and collaborative purchasing procurement solutions,a said Dianne Lancaster, Chief Procurement Officer, State of Oregon. aIn todayas challenging economic environment, it is critical that public sector organizations automate purchasing processes and approach procurement more strategically. SciQuest helps us ensure that we are meeting our constituentsa needs in a fiscally responsible way.a

aBusinesses and public sector organizations face the challenge of adoing more with lessa,a said Stephen Wiehe, president and CEO, SciQuest. aUtilizing SciQuestas collaborative purchasing solutions, the State of Oregon is helping cut costs on every purchase. We look forward to working closely with Oregon to automate procurement processes and drive savings on every dollar spent.a

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. SciQuestas unique industry segment expertise and innovative asource-to-settlea 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. SciQuestas 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.