Executive Procurement Symposium for Life Sciences Organizations Coming to Cambridge

CARY, N.C. October 30, 2008 - SciQuest, Inc., the global leader empowering enterprises to realize the potential of strategic procurement, today announced the company is hosting a complimentary Executive Procurement Symposium in Cambridge, Mass., on Wednesday, November 5.

The impactful half-day event at the Hyatt Regency Cambridge will offer expert perspectives on the latest global procurement insights from special guest presenters including Bryan Payne, associate director of business systems at Shire Pharmaceuticals, and Mauro Caputi, solutions leader within EMC's Consulting Organization.

"Life sciences organizations face unique challenges and, in these uncertain economic times, procurement professionals must take advantage of immediate opportunities to deliver bottom-line results to their organization," said Stephen Wiehe, president and CEO of SciQuest. "SciQuest is pleased to provide local procurement executives with a forum to discuss the trends and best practices specific to their industry."

The comprehensive program, starting at 9:00 a.m., will provide attendees with a deeper understanding of best practices and strategies that can enhance their organizations' procurement effectiveness to increase the productivity of researchers, bring more spend under contract and further the organization's mission. The program will feature procurement topics specific to the needs of the life sciences industry including:

• Strategic Procurement for Life Sciences
• Sustainable Procurement - from Vision to Results
• An Eprocurement Case Study of Shire Pharmaceuticals
• Enterprise Reagent Management
• Supply Chain Finance in an Uncertain Economy

For more information and to register for the Executive Procurement Symposium, please visit http://www.sciquest.com/resource-center/industry-events/.

About SciQuest
SciQuest's procurement automation and supplier enablement solutions empower leading organizations to realize the potential of strategic procurement. The company's specialized knowledge, on-demand software, and service-first approach enable public and private enterprises across the globe to manage spend, drive ROI, and advance their critical missions.

SciQuest's deep understanding of its served vertical markets combined with a broad supplier network and intuitive, online shopping experience increase user and contract adoption while improving operational efficiencies. Through software-as-a-service (SaaS) deployment, organizations can quickly implement the right eprocurement solution to augment existing ERP investments or fully enable all aspects of purchasing from sourcing to settlement.

For more information about SciQuest, please visit www.sciquest.com or call 877-710-0413 in the U.S. or +44 1794 341182 in Europe.

SciQuest is a registered trademark of SciQuest, Inc. Other trademarks contained herein remain the property of their respective owners.

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