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SciQuest Makes the Inc. 500|5000 List of Fastest-Growing Companies for Fourth Consecutive Year
Date:8/26/2010

CARY, N.C., Aug. 26 /PRNewswire/ -- SciQuest, Inc., a leading provider of on-demand strategic procurement and supplier enablement solutions, was once again named to the Inc. 500|5000 list of the fastest-growing, private companies in America. SciQuest first appeared on the Inc. 500|5000 list in 2007.

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Each year, Inc. 500|5000 honors and celebrates the remarkable achievements of today's entrepreneurial superstars and the privately held small businesses that drive our economy. This list represents the most comprehensive look at the most important segment of the economy—America's independent-minded entrepreneurs—representing a huge honor for SciQuest.  

"On behalf of SciQuest, I am thrilled to acknowledge our placement on the Inc. 500|5000 list of fastest-growing companies," said CEO Stephen Weihe. "Making Inc. Magazine's coveted list four years in a row is an honor, and we are equally thrilled to be in great company among other highly regarded and well-known businesses."

"The leaders of the companies on this year's Inc. 5000 have figured out how to grow their businesses during the longest recession since the Great Depression," said Inc. president Bob LaPointe. "The 2010 Inc. 5000 showcases a particularly hardy group of entrepreneurs."

Since assuming the role of CEO in 2001, Weihe has helped turn SciQuest into one of America's fastest-growing private companies. Not only has he been successful in placing SciQuest on the Inc. 500|5000 list, his leadership style has garnered multiple honors including Ernst & Young's Carolinas Entrepreneur of the Year, Triangle Business Journal's "Best Places to Work," American Business Awards' "Turnaround of the Year" and NCTA's "Software Company of the Year."

About SciQuest

SciQuest provides a leading on-demand strategic procurement and supplier enablement solution that integrates customers with their suppliers to improve procurement of indirect goods and services. Our on-demand software enables organizations to realize the benefits of strategic procurement by identifying and establishing contracts with preferred suppliers, driving spend to those contracts and promoting process efficiencies through electronic transactions. Using our managed SciQuest Supplier Network, our customers do business with more than 30,000 unique suppliers and spend billions of dollars annually.

Our current target markets are higher education, life sciences, healthcare and state and local governments. We tailor our solution for each of the vertical markets we serve by offering industry-specific functionality, content and supplier connections. We serve more than 160 customers operating in 16 countries and offer our solution in five languages and 22 currencies.

For more information about SciQuest, please visit www.sciQuest.com or call 888-638-7322 in the U.S. or +44 1794 341182 in Europe.

Trademark information: SciQuest is a registered trademark of SciQuest, Inc. All other trade names are trademarks or registered trademarks of their respective holders.


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