SciQuest Appoints Karen Sage as Chief Marketing Officer

SciQuest Inc. (Nasdaq: SQI), a leading provider of cloud-based solutions for spend management, today announced that Karen Sage will be joining the company as its new chief marketing officer (CMO). In this role, Karen will be responsible for driving growth and awareness of SciQuest’s suite of spend management solutions.

Sage is a Silicon Valley veteran with 20+ years of experience in business-to-business marketing and communications. She comes to SciQuest from CA Technologies (Nasdaq: CA), a $4.5 billion security and technology management company where she served as vice president of marketing for the business innovation group leading rapid growth initiatives. Her experiences leading growth also include multiple leadership roles during a 15-year stint at Cisco (Nasdaq:CSCO). Karen started her career having invented the NETSYS Performance tools at NETSYS Technologies, Inc., which was acquired by Cisco in 1996.

Stephen Wiehe, president and chief executive officer of SciQuest said, "We are excited for Karen to join SciQuest as our CMO. Our next phase of growth will center on our ability to target a much wider set of companies and build on our reputation for wildly successful customer implementations. Karen’s depth of experience and proven success in leading growth is a tremendous addition to our business."

Karen Sage stated, "SciQuest has gained a lead in cloud-based spend management applications and a great customer base across industries. I'm excited to be joining the team. By scaling our marketing efforts, we can build on SciQuest’s winning track record and bring our focus on delighting customers to an even wider audience.”

About SciQuest

SciQuest (Nasdaq: SQI) spend management solutions enable procurement, sourcing and financial professionals to focus on strategic decisions that transform business processes. Our feature-rich products and expert services help hundreds of organizations, including leading global companies, drive bottom line results by improving, automating and optimizing their source-to-settle processes.

Learn more about our solutions and how we can help your organization turn spending into savings at www.sciquest.com.

To join the conversation, please visit our blog, The Open Kitchen at 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 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 are discussed in “Part I, Item 1A, Risk Factors” and elsewhere in SciQuest’s most recent Annual Report on Form 10-K and other reports, as filed with the United States Securities and Exchange Commission (“SEC”). The company’s SEC reports are available free of charge on the SEC's website at http://www.sec.gov or on the company’s website at www.sciquest.com. These forward-looking statements speak only as of the date hereof, and SciQuest undertakes no obligation to update, amend or clarify any forward-looking statement for any reason. Given these risks and uncertainties, investors should not place undue reliance on forward-looking statements as a prediction of actual results.