SciQuest Launches Express -- Delivering Proven, Enterprise e-Procurement Technology to Mid-Tier Organizations

RESEARCH TRIANGLE PARK , N.C. , July 12, 2005-- SciQuest, Inc. today announced the general availability of HigherMarkets Express and SelectSite Express, the latest additions to its family of supplier management tools. Based on SciQuest's proven best-in-class technology, these comprehensive e-procurement solutions come completely preconfigured, allowing quick implementation with minimal IT support.

"After receiving many requests from the mid-tier market, we decided to meet the market's demand with a cost-effective, easy-to-use procurement solution specifically designed for those organizations," said Jamie Duke, chief operating officer for SciQuest. "Our experience in providing large enterprises with world class supplier management and procurement automation technology makes us well-positioned to bring this preconfigured solution to the mid-market."

SelectSite Express, designed for the commercial market, and HigherMarkets Express, designed for the higher education market, provide mid-sized organizations a complete web-based e-procurement solution that includes the following features and benefits:

- One-Stop Shopping Interface - Speeds product selection with intuitive search tools
- Promotes preferred vendors and contract pricing
- Reduces data entry and errors with point-and-click requisitioning
- Electronic Workflow - Eliminates delays of paper-based approval routing
- Provides visibility into order status
- Places orders with suppliers automatically
- Data Aggregation - Accommodates all purchasing in one system
- Provides visibility into organizational spend
- Helps identify strategic savings opportunities

"Current market conditions are putting pressure on time resources as well as budgets," Duke observed. "Mid-sized organizations are particularly constrained. Our Express solutions can help save time and money, allowing organizations to reallocate more resources to their strategic initiatives."

About SciQuest

SciQuest provides supplier management and procurement automation solutions that help customers gain greater visibility and control over their spend. Through its supplier network, SciQuest aggregates detailed supplier content and enables supplier connectivity, providing a purchasing experience that drives user adoption and contract compliance. By leveraging SciQuest's expertise in on-demand content management and procurement automation, customers can rapidly improve efficiency and capture unrealized savings.

Many of the world's leading organizations rely on SciQuest solutions such as Biogen Idec, GlaxoSmithKline, Pfizer, Roche, Schering-Plough , Arizona State University, Indiana University , University of Michigan , University of Nevada , Reno and University of Pennsylvania .

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

Chuck Vitello
SciQuest, Inc.
919-659-2141 c
vitello@sciquest.com