SciQuest Appoints Rudy Howard as Chief Financial Officer

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Thu Apr 22, 2010 9:00am EDT

Seasoned Senior Executive Brings More than 30 Years of Financial and Corporate
Management Expertise to Market Leader for Procurement Automation Solutions
CARY, N.C.--(Business Wire)--
SciQuest, Inc., a leading provider of on-demand strategic procurement and
supplier enablement solutions, today announced the appointment of Rudy C. Howard
as chief financial officer (CFO). Howard is a seasoned executive who brings more
than 30 years of finance, investment banking, accounting, investor relations and
operations experience to his role at SciQuest. 

"We are delighted to have an executive of Rudy`s caliber and expertise join the
SciQuest team," said Stephen Wiehe, president and CEO of SciQuest. "His
experience in a broad range of industries and companies, from startups to
established multi-national corporations, will be a great asset to SciQuest in
the healthcare, higher education, government and life sciences sectors we
serve." 

Most recently, Howard served as senior vice president and CFO at MDS Pharma
Services, Inc., a multi-national pharmaceutical services organization, where he
directed all aspects of financial planning and analysis, helped develop
corporate and product strategies, and managed the transition of acquisitions and
divestitures. He also held CFO and chief operation officer roles at other
leading organizations, including Peopleclick, an international human capital
management software developer; Marketing Services Group, Inc.,a marketing and
internet technology company; and Pharmaceutical Product Development,a global
pharmaceutical organization. 

Howard also served as a partner with PricewaterhouseCoopers, where he oversaw
the management of clients in the pharmaceutical, biotech, high technology, and
financial services industries. Howard is a Certified Public Accountant and
received his Bachelor of Arts in Accounting from North Carolina State
University. 

"SciQuest has developed a strong, differentiated on-demand offering that has
established the company as an eprocurement leader in the markets it serves,"
said Howard. "I look forward to working with the team to take advantage of the
enormous opportunity SciQuest has to help companies bring their spending under
management. As we move forward in an improving economy, the market need for the
solutions that SciQuest offers couldn`t be more evident." 

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. 

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
877-710-0413 in the U.S. or +44 1794 341182 in Europe.

SciQuest media contact:
Davies Murphy Group
Ken Phillips, 781-418-2437
sciQuest@daviesmurphy.com

Copyright Business Wire 2010

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