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Date Posted: 09:48:50 12/21/99 Tue
Author: warren
Subject: Anybody notice SQST(ipoed 11/19)lately?...

This may be only the beginning.


Monday December 20, 8:07 am Eastern Time

Company Press Release

SciQuest.com and The Dow Chemical Sign Exclusive
E-Commerce Agreement for Purchase of Laboratory
Products and Supplies

SciQuest.com E-Marketplace to Streamline Dow Procurement Process

RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--Dec. 20, 1999-- SciQuest.com(TM) (Nasdaq: SQST - news), a
leading business-to-business e-marketplace for the global scientific products industry, today announced it has entered into a
multi-year, e-commerce purchasing agreement with The Dow Chemical Company (NYSE: DOW - news).

Dow's procurement of laboratory scientific products and supplies over the Internet will be transacted exclusively through
SciQuest.com.

``The Dow Chemical Company is one of the most respected names in the scientific industry and we are privileged to be working
with them as their e-commerce partner for purchasing laboratory supplies,'' said Scott Andrews, CEO of SciQuest.com.
``SciQuest.com offers Dow a level of industry expertise unmatched by any other scientific products e-marketplace. Due to our
exclusive relationships with leading industry suppliers our Web site offers Dow scientists the ability to purchase, on-line, critical
research products that impact their work.''

SciQuest.com's e-marketplace ( http://www.SciQuest.com ) will provide researchers and purchasing agents at Dow with access
to information on almost one million scientific products. Users will be able to search multiple suppliers' products simultaneously,
compare product attributes, order from multiple companies on one consolidated order form and track order status.

``SciQuest.com offers Dow the opportunity to deal with over 8,000 suppliers globally at any given time,'' says Gary Veurink,
Dow's VP of Global Purchasing. ``Aggregating our purchasing power allows us to buy at a better price and offers procurement
system advantages. Most important, the strategic alignment is intended to help Dow scientists work more efficiently.

SciQuest.com's 'One-Stop-Shopping' concept allows scientists to quickly locate and purchase unique items they need in their daily
work. With this capability, our expectation is that Dow scientists and researchers will be able to better use their time toward value
creating activities, such as the development of new products and solutions.``

SciQuest.com e-marketplace is designed to be compatible with leading enterprise software systems and does not require
organizations, such as The Dow Chemical Company, to install additional enterprise software systems. This compatibility allows
buyers and suppliers to avoid the expense, time and training typically required to install and support new enterprise software.

About The Dow Chemical Company

The Dow Chemical Company is a global science and technology based company that develops and manufactures a portfolio of
chemical, plastic and agricultural products and services for customers in 168 countries around the world. With annual sales of
more than $18 billion, Dow conducts its operations through 15 global businesses employing 39,000 people. The company has 123
manufacturing sites in 32 countries and supplies more than 3,500 products.

About SciQuest.com

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 expertise with its exclusive product listings and robust portfolio of e-procurement 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.

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