SciQuest Supports Veterans Organizations through Recent Donations

Four national and regional groups to receive funds to provide veterans and families with emotional, financial and professional assistance

MORRISVILLE, N.C.--()--SciQuest, Inc. (Nasdaq: SQI), a leading provider of cloud-based business automation solutions for spend management, today announced the most recent charitable contributions from its SciQuest Charitable Fund. In partnership with the Triangle Community Foundation, this year’s grants support organizations that work closely with regional and national veterans to provide emotional, professional and financial stability.

The SciQuest Charitable Fund, which was created in 2001, provides support to 501c3 organizations on a bi-annual basis, and has donated funds to more than 30 different organizations since inception. This year’s fall donation recipients include:

  • Family Services of Western Pennsylvania, an organization that focuses on providing the regions’ veterans with employment support and guidance during the transition to civilian life, while also supporting the needs of the veterans through assistance with housing, employment, and other basic needs.
  • Fisher House Foundation, a network of comfort homes where military and veterans’ families can stay at no cost while a loved one is receiving treatment.
  • TROSA’s Program for Veterans, an innovative, multi-year residential program for veterans that allows them to establish their recovery, form healthy relationships with local educational institutions and ensures every veteran graduates TROSA’s program with a job in the community.
  • USO, an organization dedicated to lifting the spirits of America’s troops and their families through programs at home and aboard, including ones that aid in the rehabilitation and reintegration of troops as they and their families navigate the road to recovery or transition into civilian life.

“These are just a handful of organizations that provide necessary support to our nation’s veterans and we know our contribution will enable these veterans and their families to lead productive lives,” said Stephen Wiehe, president and CEO of SciQuest. “By working closely with the Triangle Community Foundation, we are able to select deserving groups that will impact many lives and we look forward to continuing to offer SciQuest’s support to groups such as these.”

About Triangle Community Foundation

For over 30 years, Triangle Community Foundation has enhanced the lives of all its residents by connecting donors with causes they care about, investing in nonprofits and serving as a resource for local issues in the Triangle region of North Carolina. Each year the Foundation grants over $15 million back into the community, partnering with donors and nonprofits to make a difference, now and for the future. To learn more about how you can get involved, visit http://www.trianglecf.org.

About SciQuest

SciQuest (Nasdaq: SQI) is the leading public provider of spend management solutions delivering value beyond savings. Through the continued release of key innovative technology and a fanatical drive toward making our customers successful, we deliver exceptional value in user experience, productivity and operational efficiency. Our cloud-based, mobile-enabled, source-to-settle platform addresses all stages of procurement from the automation of core processes to enabling sophisticated, strategic and multifaceted sourcing solutions. We specialize in handling simple procurement needs to the most advanced supplier and supply chain requirements. SciQuest serves a wide range of industries and organizations including many of the Global Fortune 500. For more information visit http://www.sciquest.com.

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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 http://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.

Contacts

SciQuest Media contact:
SciQuest, Inc.
Roberta Patterson, 919-659-2230
rpatterson@sciquest.com
or
Edelman for SciQuest, Inc.
Megan Smith, 404-832-6776
Megan.Smith3@edelman.com
or
SciQuest Investor contact:
SciQuest, Inc.
Jamie Andelman, 919-659-2322
jandelman@sciquest.com

Contacts

SciQuest Media contact:
SciQuest, Inc.
Roberta Patterson, 919-659-2230
rpatterson@sciquest.com
or
Edelman for SciQuest, Inc.
Megan Smith, 404-832-6776
Megan.Smith3@edelman.com
or
SciQuest Investor contact:
SciQuest, Inc.
Jamie Andelman, 919-659-2322
jandelman@sciquest.com