CARY, N.C.--(BUSINESS WIRE)--SciQuest, Inc., (NASDAQ: SQI) a leading provider of on-demand strategic procurement and supplier management solutions, today announced that its CEO Steve Wiehe has been awarded the Technology Leadership Award by the Council for Entrepreneurial Development (CED). The award will be conferred at the Venture 2011 Conference at the Raleigh Convention Center in Raleigh, North Carolina, April 27-28, 2011.
In 2010, Wiehe guided SciQuest to the region’s first technology IPO in several years, raising $57 million. Wiehe will also be recognized for his mentorship of tech entrepreneurs and his service to the community. Since joining SciQuest as president and CEO in 2001, he has taken the company from an e-market exchange to a leading provider of on-demand eProcurement solutions for higher education, life sciences, healthcare and public sector organizations, as well as organizations in other industries.
“I am deeply honored to receive this award from my peers and associates in the technology community,” said Wiehe. “At SciQuest, we are continuing to focus on creating a business-driven culture that provides our customers with solutions proven to achieve significant cost savings. Our successful IPO in 2010, followed by the acquisition of a market leading supplier management and sourcing company, has created challenges and rewards that everyone in the technology community can appreciate and learn from. I look forward to sharing these experiences at Venture 2011 and beyond.”
About SciQuest
SciQuest (NASDAQ: SQI) is a leading provider of an integrated, web-based end-to-end eProcurement solution that enables users to realize significant efficiencies and savings on their purchases of indirect goods and services. SciQuest’s unique industry segment expertise and innovative “source-to-settle” approach to eProcurement enables Fortune 1000 companies and organizations in the higher education, life sciences, healthcare and public sector markets, as well as other industries, to identify savings opportunities they may otherwise have missed, while improving contract management, compliance and supplier management. SciQuest’s solutions help customers turn spending into a source of savings.
SciQuest is a registered trademark of SciQuest, Inc. Other trademarks contained herein remain the property of their respective owners. For more information about SciQuest, please visit www.sciQuest.com or call 888-638-7322 in the U.S. or +44 1794 341182 in Europe.
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