CARY, N.C., Nov. 21, 2013 (GLOBE NEWSWIRE) -- SciQuest (Nasdaq:SQI), a leading provider of cloud-based business automation solutions for spend management, today announced that the company has been chosen as a recipient of the 2013 Supply & Demand Chain Executive Green Award. The 2013 Green Supply Chain Awards recognize companies making green initiatives or sustainability a core part of their supply chain strategy, and are working to achieve measurable sustainability goals within their own operations. The awards also recognize providers of supply chain solutions and services assisting their customers in achieving measurable sustainability goals.
Submissions were judged based on the clarity and content of the goals and strategy, the extent of the steps being taken, the impact of the results to date and projected results, and the form and presentation of the information submitted.
"We are honored to be named a winner of this prestigious award and believe that this recognition further confirms our position as a leader in sustainable purchasing," said Stephen Wiehe, president and CEO of SciQuest. "Our team has dedicated themselves to helping customers attain green and sustainable purchasing practices across their entire supply chain and it is great that our efforts are being recognized. Congratulations to all the other recipients."
About SciQuest
SciQuest (NASDAQ:SQI) is the largest publicly held pure-play provider of cloud-based business automation solutions for spend management – offering deep domain knowledge and a leading, customer-driven portfolio. SciQuest solutions enable greater visibility and compliance organization-wide to help you gain control, optimize efficiencies and reduce spend. These cloud-based solutions are easier to implement and proven to deliver measurable, sustainable value with SciQuest's high-touch support, analysis and automation. Learn more about our solutions and how we can help your organization turn spending into savings at 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 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.