Dan Traub of SciQuest Named a 2008 'Pro to Know' by Supply & Demand Chain Executive

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CARY, N.C., March 17, 2008 - SciQuest, Inc., the global leader in helping academic, healthcare and research-centric organizations realize the potential of strategic procurement, today announced that Dan Traub, lead solution engineer for the company, has been selected as a 2008 "Provider Pro to Know" by Supply & Demand Chain Executive magazine. Traub is featured in the magazine's February/March 2008 issue.

"Dan has shown himself to be a thought leader by helping organizations optimize their procurement operations to drive greater supply chain efficiencies," said Andrew K. Reese, editor of Supply & Demand Chain Executive. "Dan is helping build a consensus that procurement needs to do more than cut costs or streamline procure-to-pay processes. His work with industry leaders and executives is prompting organizations to ask how procurement can help them improve customer service levels, minimize risk and drive productivity. Dan's emergence as an influential voice in the industry and his success in helping organizations utilize the tools and processes they need have earned him a place on this year's Pros to Know listing."

The Supply & Demand Chain Executive Provider Pros to Know is a widely-recognized listing of individuals from software firms, service providers, consultancies and analyst or research firms who have a vision for the 21st century supply chain and have personally helped clients apply technology or processes to modernize their supply chains.

In his role at SciQuest, Traub advises more than 80 organizations annually on how to improve procurement operations through the strategic application of best practices, technology and business processes. As one of the few professionals in the field working with a wide range of procurement practitioners - from the leading visionaries to the newly initiated - Traub is uniquely positioned to understand and influence the growing role of procurement automation in the 21st century supply chain.

"I am honored to be named a Pro to Know because it highlights the growing importance of procurement automation in the overall supply chain," said Traub. "The supply chain is moving towards an increased focus on customer service. Eprocurement technology is often a catalyst for change, but it's only one facet of an organization's evolution towards strategic procurement. I look forward to helping many more organizations take a larger view of the role procurement plays and align the technology, processes, stakeholders and partners to achieve their business goals. It is a truly exciting time to witness the progress being made in our field."

SciQuest procurement and supplier enablement solutions serve many of the world's leading research-centric organizations. Customers include more than 65 of the best known colleges and universities, nine of the 15 largest pharmaceutical companies and other prestigious healthcare organizations and biotechnology firms.

The full listing of the 2008 Pros to Know is available in the February/March 2008 issue of Supply & Demand Chain Executive magazine and on the Web at www.SDCExec.com.

About Supply & Demand Chain Executive
Supply & Demand Chain Executive is the executive's user manual for successful supply and demand chain transformation, utilizing hard-hitting analysis, viewpoints and unbiased case studies to steer executives and supply management professionals through the complicated, yet critical, world of supply and demand chain enablement to gain competitive advantage. For more information, visit www.SDCExec.com.

About SciQuest
SciQuest is the global leader in helping academic, healthcare and research-centric organizations realize the potential of strategic procurement. The company's specialized knowledge, on-demand software, and service-first approach empower more than 100 of the best-known academic, pharmaceutical, biotechnology, research hospitals, and ambulatory surgical organizations to manage spend, drive ROI, and advance their critical missions.

SciQuest's strategic procurement solutions are strengthened by a deep understanding of the higher education and research environments combined with a broad supplier network for everything from lab equipment to office supplies to services. The company's intuitive, online shopping experience and diverse supplier offerings are proven to increase user and contract adoption. Through software-as-a-service (SaaS) deployment, organizations can quickly implement the right eprocurement solution, whether it's a robust shopping platform for existing eprocurement tools or to 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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