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SciQuest’s NextLevel 2012 Annual Conference Attracts Record Attendance

SciQuest (NASDAQ: SQI), a leading provider of on-demand strategic procurement and supplier management solutions, today announced a record number of attendees have turned out for its annual NextLevel 2012 conference. With 40% percent more strategic purchasing professionals in attendance, NextLevel 2012 showcases the increasing influence of the Chief Procurement Officer and a growing awareness across the executive suite of new technologies available to deliver cost savings, margin enhancement and more astute risk management.

Taking place now through February 22 at the Doral Golf Resort & Spa in Miami, Florida, NextLevel is the spend management industry’s signature event for conversation and collaboration around the challenges, successes and future of strategic source-to-settle initiatives.

“In this economic environment, the role of procurement is transforming into a fiduciary discipline that truly impacts the bottom line,” said Stephen Wiehe, president and CEO, SciQuest. “At NextLevel 2012, we are bringing together our industry’s most technologically savvy, strategic thinkers to share and discuss how spend visibility, supplier management, accounts payable and spend analysis are all coming together to create more positive organizational outcomes from each supply chain management decision.”

William “Gus” Pagonis, LTG, U.S. Army (Ret.) and vice chairman of the board for Genco Supply Chain Solutions, will provide the NextLevel 2012 keynote titled, “Leadership for an Effective Supply Chain,” kicking off an impressive three-day schedule that revolves around the theme of procurement transformation.

Attendees to NextLevel 2012 sessions will discover more efficient and cost-effective procurement strategies in a broad range of subjects. Session highlights include:

  • “The Procurement Transformation Framework” panel discussion, moderated by Constantine Limberakis of Aberdeen Group;
  • An introduction to SciQuest’s Power of “Q,” the driving force behind our customer-focused approach and culture;
  • “Fostering CFO and CPO Collaboration” panel session moderated by Derek Smith of Huron Consulting Group and featuring CFO/CPO pairs from several institutions; and
  • “Building, Implementing, and Communicating Effective Supplier Diversity,” where change management guru Ralph G. Moore and the audience will share collective experience and insights of implementing the most sustainable and scalable diversity programs possible.

For the complete NextLevel 2012 agenda, please go to https://www.regonline.com/custImages/313061/NextLevel2012Agenda.pdf. In addition, you can follow NextLevel 2012 on Twitter at #NL2012.

About SciQuest

SciQuest (NASDAQ: SQI) is a leading provider of an integrated, web-based end-to-end eProcurement solution that enables users to realize significant efficiencies and savings on their purchases of indirect goods and services. SciQuest’s unique industry segment expertise and innovative “source-to-settle” approach to eProcurement enables Fortune 1000 companies and organizations in the higher education, life sciences, healthcare and public sector markets, as well as other industries, to identify savings opportunities they may otherwise have missed, while improving contract management, compliance and supplier management. SciQuest’s solutions help customers turn spending into a source of savings. Join the conversation on our blog, The Open Kitchen— http://www.sciquest.com/blog.

Cautionary Note Regarding Forward-Looking Statements

Any statements in this release that are not historical or current facts are forward-looking statements. All forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performances or achievements expressed or implied by the forward-looking statements. Certain of these risks and uncertainties are described in the "Risk Factors" section of our Registration Statement on Form S-1 and other required reports, as filed with the SEC, which are available free of charge on the SEC's website at http://www.sec.gov or on our website at www.sciquest.com. Given these risks and uncertainties, investors should not place undue reliance on forward-looking statements as a prediction of actual results. These forward-looking statements speak only as of the date hereof, and we undertake no obligation to update, amend or clarify any forward-looking statement for any reason.



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