Former SCT Executive Joins SciQuest as Senior Vice President of Worldwide Sales

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Research Triangle Park, N.C., February 15, 2005 - SciQuest, Inc today announced that it has named Jeff Martini as senior vice president of worldwide sales. Martini is an industry veteran with more than 20 years of sales and sales leadership experience. In his new role at SciQuest, Martini will be responsible for global sales strategy, operations and execution.

"We are very fortunate to have the opportunity to add such a talented professional like Jeff Martini to the SciQuest team," said Stephen J. Wiehe, president and CEO at SciQuest. "With Jeff 's proven experience in both on-demand and enterprise software he is able to hit the ground running and deliver strategic insight into our global sales initiatives."

Martini most recently served as vice president of worldwide sales for VirtualEdge Corporation, an ASP software company focused on real-time recruiting technology for the extended enterprise. In this role, he led the company's sales efforts to year on year growth exceeding 100%. Previously, he was vice president of worldwide sales for Primavera Systems, a provider of enterprise project portfolio management software. There, he was responsible for leading the global sales force, with operations in the US, UK and Hong Kong, as well as channel partners in 85 countries. During his tenure at Primavera, Martini again was responsible for significantly growing the organizations top line revenue including impressive gains in enterprise class software sales. Earlier in his career, Martini served in multiple sales and marketing leadership roles at SCT Corporation, a provider of enterprise software applications. As corporate vice president of sales at SCT, Martini was responsible for sales strategy and operations across all vertical markets and drove the adoption of sales and sales management best practices.

"It is an exciting opportunity for me to be part of such a fast growing industry leader," said Martini. "The company delivers outstanding technology that produces real results, already has a marquee customer base, and is very well positioned in a market with great potential. I look forward to adding my experience and expertise to an already impressive management team with proven success and solid resources."

About SciQuest
SciQuest's on-demand solutions integrate organizations with their suppliers to enable comprehensive spend management for the life sciences and higher education markets.

SciQuest's complete suite of modular applications help to automate the source-to-settle process. When used with the SciQuest Supplier Network, these solutions reduce redundant tasks and maintain data integrity throughout the cycle of finding, acquiring and managing goods to increase efficiency, reduce cost and provide total spend visibility.

Many of the world's leading pharmaceutical, biotechnology, chemical and academic organizations rely on SciQuest solutions such as Biogen Idec, GlaxoSmithKline, Pfizer, Roche, Schering-Plough, Arizona State University, Indiana University, University of Michigan and University of Pennsylvania. SciQuest is headquartered in Research Triangle Park, NC. For more information about SciQuest, please visit www.sciquest.com or call +1-919-659-2100.

SciQuest and SelectSite are registered trademarks of SciQuest, Inc. HigherMarkets is a trademark of SciQuest, Inc.

Contacts:

Media Relations

Kristi Lee
SRK Communications
919-270-8054
kristi@srkcommunications.com