SciQuest Achieves 2009 SAS 70 Type II Certification

Underscores Longstanding Commitment to Exceptional Solution Reliability and
Data Security

CARY, N.C., July 7 /PRNewswire/ -- SciQuest, Inc., the global leader
empowering enterprises to realize the potential of strategic procurement,
today announced that the company received its Statement on Auditing Standards
(SAS) No. 70 Type II certification for 2009. An accounting standard developed
by the American Institute of Certified Public Accountants, SAS 70 provides
organizations with transparency into the internal controls and data security
safeguards that service providers maintain to ensure effective oversight of
customers' financial data.

"It's imperative for organizations to demand that technology providers have
the controls in place needed to ensure that data is safe and that its use
aligns with internal protocol and regulatory requirements," said Jamie Duke,
chief operating officer of SciQuest. "We place a strong emphasis on the
continual investment in internal infrastructure and processes that further
strengthen existing controls and safeguards."

This year, SciQuest's customers will conduct more than $6 billion in
transactions through the company's full suite of on-demand procurement
automation and supplier enablement solutions. Leaders in education,
government, healthcare and the life sciences utilize SciQuest's solutions to
transform procurement from a processing function into a powerful driver of
bottom line results. With a SAS 70 Type II audit, these customers know that
their financial data is secure and managed in adherence to well-defined
controls and accounting standards.

"With financial data, the stakes are high," said Adrian Ledger, director of
infrastructure at SciQuest. "You can't trust providers' assurances that the
proper controls are in place and must demand proof from a third party who
understands that systems and technologies are only part of the security and
standards paradigm. People and internal processes are of equal, perhaps even
greater, importance."

Software-as-a-Service--More than a Software Delivery Model:
With the proliferation of SaaS solutions designed to manage and electronically
process financial information, data safeguards and controls are of singular
importance. Unlike traditionally deployed software, access, accountability and
reliability are crucial in the on-demand environment. Of equal importance are
responsive and effective customer service and support.

SciQuest has long known that SaaS is far more than a delivery model for
software -- it's a business model that demands a strong commitment to customer
satisfaction. The company's 2008 Customer Satisfaction Survey found that:
-- 99.0% of respondents "would recommend SciQuest to colleagues or
friends"
-- 97.1% of respondents are "satisfied" or "very
satisfied" with SciQuest
-- 97.7% of respondents are "satisfied" or "very
satisfied" with SciQuest Support

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 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
sciQuest@daviesmurphy.com

SOURCE SciQuest, Inc.

Ken Phillips of Davies Murphy Group for SciQuest, +1-781-418-2437,
sciQuest@daviesmurphy.com