updated 4/13/2011 10:47:31 AM ET 2011-04-13T14:47:31

CARY, N.C., April 13, 2011 (GLOBE NEWSWIRE) -- SciQuest, Inc., (Nasdaq:SQI) a leading provider of on-demand strategic procurement and supplier management solutions, announced today that it will release its first quarter 2011 financial results for the period ended March 31, 2011 after the market close on Thursday, May 5, 2011. On that day, management will hold a conference call and webcast at 5:00 p.m. ET to review and discuss the Company's results for the first quarter. A replay of this webcast will be available two hours after the call and accessible at http://investor.sciquest.com .

What: SciQuest's first quarter 2011 financial results conference call
When: Thursday, May 5, 2011
Time: 5:00 p.m. ET
Webcast: http://investor.sciquest.com (live and replay)
Live Call: (877) 430-3736, domestic
  (760) 298-5046, international
Replay: (800) 642-1687, passcode 58859774, domestic
  (706) 645-9291, passcode 58859774, international

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 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.

SciQuest is a registered trademark of SciQuest, Inc. Other trademarks contained herein remain the property of their respective owners. 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.

The SciQuest, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=8288

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.

SQI-F

CONTACT: SciQuest media contact:
         Melissa London
         SciQuest, Inc.
         919-659-2228
         mlondon@sciquest.com
         
         SciQuest Investor contact:
         Garo Toomajanian
         ICR, LLC
         1-800-550-6380
         investorrelations@sciquest.com

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved

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