SciQuest Selected to Demonstrate at CED's InfoTech 2005 Conference

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RESEARCH TRIANGLE PARK, N.C., July 26, 2005-- SciQuest today announced they have been selected to demonstrate SelectSite Express, procurement automation solution, at the Council for Entrepreneurial Development's (CED) InfoTech 2005 Conference. Demonstrators were selected based on technology qualifications following a demo presented to the judges.

InfoTech 2005 is the Southeast's premier information technology industry conference. The 15 th annual conference will be held in Research Triangle Park , North Carolina on October 12 at the Sheraton Imperial Hotel & Convention Center. With over 700 attendees expected to attend, IT entrepreneurs, industry experts, technology executives and investors have the opportunity to network and to explore critical issues affecting the IT industry.

"SciQuest has been an integral part of the Triangle's technology community for over a decade," said CED President Monica Doss. "The company will showcase how its technology has evolved and continues to be the choice of local and national life sciences organizations as well as higher education institutions."

"We are honored to be selected to demonstrate at InfoTech 2005," said Stephen Wiehe, president and CEO at SciQuest. "This provides us with a valuable opportunity to educate the local community on the impact of our technology in purchasing organizations worldwide."

About CED

The Council for Entrepreneurial Development, located in Research Triangle Park , NC , is a private, non-profit organization formed in 1984 to stimulate the creation and growth of hi-impact companies in the greater Research Triangle region. CED provides education, mentoring and capital formation resources to new and existing high-growth entrepreneurs through annual finance. CED is one of the largest entrepreneurial support organizations in the nation with more than 4,000 members representing over 1,100 entrepreneurial companies, financiers and professional firms.
www.cednc.org

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
cvitello@sciquest.com