January 17, 2013

SciQuest Announces Date for Fourth Quarter and Full Year 2012 Financial Results

CARY, N.C., Jan. 17, 2013 (GLOBE NEWSWIRE) -- SciQuest, Inc.(Nasdaq:SQI), a leading provider of cloud-based spend management solutions, announced today that it will release its fourth quarter and full year 2012 financial results for the period ended December 31, 2012 after market close on Thursday, February 7, 2013. On that day, management will hold a conference call and webcast at 4:30 p.m. ET to review and discuss the Company's results for the fourth quarter and full year 2012. A
replay of this webcast will be available after the call and accessible at http://investor.sciquest.com.

What: SciQuest's fourth quarter and full year 2012 financial results conference call

When: Thursday, February 7, 2013

Time: 4:30 p.m. ET

Webcast: http://investor.sciquest.com(live and replay) Live Call: (855) 297-9383, domestic

(708) 290-1311, international

Replay: (855) 859-2056, domestic

(404) 537-3406, international

Live and replay conference ID code: 90763403

About SciQuest

SciQuest's (Nasdaq:SQI) easy to use solutions help contract management, procurement, and accounts payable professionals make daily operations efficient through smart automation, and turn the focus on more strategic decisions that impact the bottom line. With unmatched visibility into spending, combined with the Power of Q - the Company's unique combination of products and support - SciQuest provides organizations with a strategic approach to procurement, improving bottom-line results.
To join the conversation, please visit our blog, The Open Kitchen-http://www.sciquest.com/blog/or follow us on Twitter
@SciQuest.

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.govor 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: SciQuest, Inc.

Michelle Perkins, 919-659-2228 mperkins@sciquest.com

SciQuest Investor contact: SciQuest, Inc.

Jamie Andelman, 919-659-2322

jandelman@sciquest.com

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