Leading Customers in Key Markets, Differentiated Product Offerings and
Software-as-a-Service Strategy Continue to Drive Record Performance
CARY, N.C., Jan. 10 /PRNewswire/ -- SciQuest, Inc. today announced it has surpassed a significant milestone with the signing of its 100th customer, the University of Oxford, and 16 additional customers during the second half of 2007. This achievement reflects SciQuest's dramatic growth and leadership providing eprocurement products and services for academic, pharmaceutical, biotechnology and other research-intensive organizations.
"SciQuest's expertise and the professional services they offer made us
confident in our decision to implement the full suite of eprocurement
solutions," said Linda Collins, director of procurement and contract
services at the University of California, San Diego. "Instead of managing
many separate procurement processes and systems, we have now moved forward
with a consolidated solution based on SciQuest's proven technology. We
strive to become a leader in procurement innovation and, ultimately,
achieve best-in-class recognition."
Notable Achievements in 2007 Included:
*Leading customer base -- More than 60 of the nation's top universities
and nine of the top 15 global pharmaceutical companies rely on
SciQuest's modular suite of procurement automation and supplier
enablement solutions to reduce costs, improve productivity and increase
visibility for enterprise-wide spend management.
*Global expansion -- SciQuest continued to pursue its next phase of
rapid growth by securing new business and expanding existing
relationships with several European customers. The recent hires of
Ralph Mazza as vice president of global professional services and
supplier enablement, and Brad Stevens as vice president of marketing
and strategy, along with an augmented presence in Europe, wil
|SOURCE SciQuest, Inc.|
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