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SciQuest Announces Strategic Alliance with QIAGEN
Date:11/12/2008

QIAGEN's Customers Can Streamline the Procurement Process using SciQuest's Solutions

CARY, N.C., Nov. 12 /PRNewswire/ -- SciQuest, Inc., the global leader empowering enterprises to realize the potential of strategic procurement, today announced the formation of a strategic alliance with QIAGEN, the leading provider of sample and assay technologies. Through the alliance, both companies will work together to help QIAGEN's customers realize the efficiencies of procurement automation through faster, easier access to crucial diagnostics and research supplies.

"We were one of the first suppliers to join the SciQuest Supplier Network in 2000. We decided to do so because we knew that procurement automation can offer a win-win situation: customers realize the efficiencies they seek and QIAGEN can efficiently compete for greater market share," said Matthias Raquet, Senior Director Global Service Solutions at QIAGEN. "Our commitment to enhance our ecommerce presence, of which this alliance is a part, stems from our continual commitment to make working with QIAGEN as easy and effective as possible."

As part of the alliance, QIAGEN will work closely with customers to explore ways they can take advantage of ecommerce capabilities to generate costs savings and process efficiencies. Through SciQuest's eprocurement solution suite, customers can realize the benefits of procurement automation to easily access and order QIAGEN consumables, instruments and services online. The alliance supports QIAGEN's goal to stay at the forefront of customer needs and offer solutions that simplify their purchasing processes through ecommerce initiatives.

"QIAGEN is currently enabled for 60 SciQuest customer eprocurement implementations," said Ralph Mazza, SciQuest's Vice President of Global Professional Services. "Through this alliance, QIAGEN is taking its value to the next level by helping customers realize significant cost savings and improve operating efficiencies by leveraging eprocurement. This forward-thinking approach places QIAGEN at the leading-edge of how suppliers are embracing ecommerce to grow their business."

Suppliers Embrace a More Strategic Approach to Procurement

SciQuest's alliance with QIAGEN reflects a holistic view of the procurement process shared by SciQuest and leading suppliers. Unlike other eprocurement providers, SciQuest does not charge suppliers to participate in its supplier network. Today, the SciQuest supplier network and its hosted online catalogs include more than 30,000 suppliers, 10 million products and 1,000 integrated supplier catalogs. Through the company's managed services, SciQuest also works directly with suppliers during the enablement process to ensure that the suppliers its customers want to transact with are integrated into the SciQuest system.

"Our philosophy has always been that eprocurement is beneficial for both our customers and suppliers," said Jamie Duke, COO of SciQuest. "SciQuest's online marketplace is designed to empower both parties to have a transparent exchange, where suppliers can gain greater access to their target customers and compete for business in an open, automated environment."

Nearly 70 of the world's best known colleges and universities, 10 of the 15 largest pharmaceutical companies and numerous leaders in government, healthcare and the life sciences use SciQuest's on-demand procurement automation and supplier enablement solutions to achieve significant cost savings and advance their mission.

About QIAGEN

QIAGEN N.V., a Netherlands holding company, is the leading provider of sample and assay technologies. Sample technologies are used to isolate and process DNA, RNA, and proteins from biological samples such as blood or tissue. Assay technologies are used to make such isolated biomolecules visible. QIAGEN has developed and markets more than 500 consumable products as well as automated solutions for such consumables. The company provides its products to molecular diagnostics laboratories, academic researchers, pharmaceutical and biotechnology companies, and applied testing customers for purposes such as forensics, animal or food testing, and pharmaceutical process control. QIAGEN's assay technologies include what is considered to be the broadest panel of molecular diagnostic tests available worldwide. This panel includes the only FDA approved test for human papillomavirus (HPV), the primary cause of cervical cancer. QIAGEN employs more than 2,900 people in more than 30 locations worldwide. Further information about QIAGEN can be found at http://www.qiagen.com.

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 http://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.

SciQuest media contact:

Ken Phillips

Davies Murphy Group

781-418-2437

kphillips@daviesmurphy.com


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SOURCE SciQuest, Inc.
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