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SciQuest To Webcast Analyst Day Presentations

CARY, N.C., Feb. 5, 2013 (GLOBE NEWSWIRE) -- SciQuest, Inc. (Nasdaq:SQI), a leading provider of cloud-based spend management solutions, today announced that the company will webcast its Analyst Day presentations on Monday, February 11, 2013, live from SciQuest's Annual NextLevel Conference in San Antonio, Texas. President and Chief Executive Officer, Stephen Wiehe, and Chief Financial Officer, Rudy Howard, will be joined by other members of SciQuest's management team to provide an overview of the company's opportunity, vision and strategy as well as review case studies. In addition, there will be a customer and supplier panel.

Approximately 500 customers and prospects are expected at NextLevel, making 2013 our largest user event ever. More information regarding SciQuest's Annual NextLevel Conference is available at http://nextlevel.sciquest.com .

The Analyst Day presentations will begin at 3:00 p.m. Eastern Time and conclude at approximately 6:00 p.m. Eastern Time. A live webcast, as well as the replay, will be available at http://investor.sciquest.com . If you would like to attend Analyst Day in person, please contact Jamie Andelman, Director of Investor Relations, at jandelman@sciquest.com.

About SciQuest

SciQuest's (Nasdaq:SQI) easy to use solutions help contract management, procurement, and accounts payable professionals make daily operations efficient through smart automation, and turn the focus on more strategic decisions that impact the bottom line. With unmatched visibility into spending, combined with the Power of Q — the Company's unique combination of products and support — SciQuest provides organizations with a strategic approach to procurement, improving bottom-line results.

To join the conversation, please visit our blog, The Open Kitchen— http://www.sciquest.com/blog/ or follow us on Twitter @SciQuest.

Cautionary Note Regarding Forward-Looking Statements

Any statements in this release that are not historical or current facts are forward-looking statements, including references to our priorities in 2013 and all statements in the "Business Outlook" section. 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 most recent Annual Report on Form 10-K 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.

SQI-F

CONTACT: SciQuest media contact:
         Michelle Perkins
         SciQuest, Inc.
         919-659-2228
         mperkins@sciquest.com
         
         SciQuest Investor contact:
         Jamie Andelman
         SciQuest, Inc.
         919-659-2322
         jandelman@sciquest.com

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