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Date Posted: 09:17:01 01/13/00 Thu
Author: Patty
Subject: Re: SQST and MRK enter e-commerce agreement...
In reply to: warren 's message, "Re: SQST and MRK enter e-commerce agreement..." on 06:07:40 01/13/00 Thu

> > BW1005 JAN 13,2000 1:01 PACIFIC 04:01
> > EASTERN
> >
> >
> >
> > ( BW)(NC-SCIQUEST.COM)(SQST)(MRK) SciQuest.com and
> > Merck Join
> > Forces in Strategic E-Commerce Agreement
> >
> >
> > Health/Medical Writers
> >
> > RESEARCH TRIANGLE PARK, N.C.--(BW
> > HealthWire)--Jan. 13, 2000--
> >
> > Merck Scientists can Quickly
> Locate
> > and Purchase
> > Critical Research Products
> Through
> > SciQuest.com
> >
> > SciQuest.com(TM) (Nasdaq: SQST), a leading
> > business-to-business e-marketplace for the global
> > scientific products industry, today announced it has
> > entered into a three-year strategic e-commerce
> > purchasing agreement with Merck & Co., Inc. (NYSE:
> > MRK).
> >
> > About SciQuest.com
> > SciQuest.com provides scientists, researchers and
> > purchasing agents the ability to search multiple
> > suppliers' products simultaneously, compare product
> > attributes, order from multiple companies on one
> > consolidated order form and track order status.
> > SciQuest.com's e-marketplace (
> > http://www.SciQuest.com ) provides access to
> > information on
> > almost one million scientific products. SciQuest.com
> > is working exclusively with leading industry
> > suppliers, making its Web site the e-marketplace
> where
> > scientists can purchase critical products that
> > impact their research.
> > SciQuest.com is a leading business to business
> > e-marketplace for scientific products used by
> > pharmaceutical, chemical, biotechnology, industrial
> > and educational organizations worldwide. By
> > leveraging its extensive laboratory products and
> > supply chain management solutions, SciQuest.com
> > has the ability to reduce customers' procurement
> costs
> > and increase researchers' productivity.
> > Additionally, SciQuest.com provides suppliers a
> > cost-effective sales and marketing channel. The
> > company's e-marketplace is distributor-neutral and
> can
> > be customized and seamlessly integrated with
> > its customers' enterprise systems. SciQuest.com is
> > headquartered in Research Triangle Park, N.C.
> > with offices in Mountain View, Calif., and Plainview,
> > N.Y.
> > Statements in this press release that are not
> > historical facts are forward-looking statements that
> > involve risks and uncertainties. For such statements,
> > the Company claims the protection of the safe
> > harbor for forward-looking statements under the
> > Private Securities Litigation Reform Act of 1995.
> > The potential risks and uncertainties associated with
> > these forward-looking statements could cause
> > actual results to differ materially from those
> > presented herein, and the reported results should not
> > be
> > considered as an indication of future performance.
> > Factors that could cause actual results to differ
> > from those contained in the forward-looking
> statements
> > include among others, the possible
> > consequences of government regulation, the Company's
> > ability to attract and retain a broad range of
> > purchasers and suppliers, to effectively add
> > additional products to its e-commerce database and to
> > otherwise operate efficiently and cost effectively.
> > These and other risk factors are discussed in the
> > Company's registration Statement on Form S-1,
> declared
> > effective by the Securities and Exchange
> > Commission on November 19, 1999.
>
> -------------------------------------------------------
> ----
>
>
> BW1149 JAN 13,2000 5:34 PACIFIC 08:34
> EASTERN
>
>
>
> ( BW)(NC-SCIQUEST.COM)(SQST) SciQuest.com Joins the
> Oracle Supplier
> Network
>
>
> Business Editors/High-Tech & Science Writers
>
> RESEARCH TRIANGLE PARK, N.C.--(BUSINESS
> WIRE)--Jan. 13, 2000--
>
> SciQuest.com Broadens Its Customer Base
> Through Integration
> With Oracle's Extensive Client List
> and Participation on
> Oracle Exchange Marketplace
>
> SciQuest.com (Nasdaq: SQST), a leading
> business-to-business e-marketplace for the global
> scientific products industry, today announced it has
> joined Oracle Corp.'s (Nasdaq: ORCL)
> Oracle(R) Supplier Network. With SciQuest.com as a
> member, Oracle's comprehensive
> e-marketplace, called Oracle Exchange, will be able to
> offer easy access to information on almost one
> million scientific products.
> "We are very excited to have this opportunity to
> further expand our ability to offer needed products
> and services to the scientific community," said Scott
> Andrews, CEO of SciQuest.com. "Through this
> supplier network, we are able to tap in to the
> extensive list of Oracle Exchange customers who are
> interested in buying and selling scientific products,
> seamlessly and easily."
> The Oracle Supplier Network is comprised of more
> than 270 suppliers, who will offer their
> products and services through Oracle Exchange --
> Oracle's forthcoming business-to-business Internet
> marketplace. SciQuest.com will integrate its unique
> blend of information and products for the
> laboratory industry into Oracle's Supplier Network and
> Exchange programs to better deliver needed
> resources to the scientific community.
> "Oracle Exchange is ideally suited to offer key
> scientific products with the addition of
> SciQuest.com," said Ron Wohl, senior vice president,
> Oracle Applications. "The Oracle Supplier
> Network and Oracle Exchange further support
> SciQuest.com's initiative to efficiently leverage the
> Internet's ability to reduce costs, streamline
> processes, and capture new customers and suppliers for
> key markets."
>
> About SciQuest.com
Wow Warren SQST is up sharply. I love this B2B area. This is what I want to buy for my IRA, I think in the future it will be more stable than B2C.

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