SciQuest CEO Stephen Wiehe Wins Ernst & Young Entrepreneur of The Year Award

Jun 18, 2010, 10:32 ET from SciQuest, Inc.

CARY, N.C., June 18 /PRNewswire/ -- SciQuest, Inc., a leading provider of on-demand strategic procurement and supplier enablement solutions, announced that Stephen Wiehe, President and CEO, has been awarded the title of Ernst & Young Carolinas Entrepreneur of the Year.

(Logo:  http://photos.prnewswire.com/prnh/20100618/AT23275LOGO )

(Logo:  http://www.newscom.com/cgi-bin/prnh/20100618/AT23275LOGO )

The Ernst & Young Entrepreneur of the Year award is one of the highest honors available for entrepreneurs globally. The award recognizes the most outstanding entrepreneur who has used their vision, leadership and achievements to inspire their company and grow their business.

Wiehe was announced as the winner at the Ernst & Young Awards Ceremony and Gala yesterday, June 17th, at the Westin in Charlotte, NC.  

"Steve is truly deserving of this honor. Since joining the SciQuest team in 2001, Steve has improved not only the business model but the culture," said Jaime Duke, Chief Operating Officer for SciQuest who has worked with Steve for over 10 years. "He took a struggling dot-com venture and subsequently turned it into a leading provider of on-demand purchasing solutions for education, healthcare, government and life sciences organizations. Moreover, he's created a culture where ideas and input are encouraged and are able to thrive."

Wiehe's success can also be attributed to his passion for bringing out the best in others and creating a culture of excellence.  His leadership style has garnered other honors including the Triangle Business Journal's "Best Places To Work," American Business Awards' "Turnaround of the Year" and NCTA's "Software Company of the Year."

Wiehe's spirit of entrepreneurialism began early in life when he founded Greek Games while in college, a company that placed pinball machines in fraternity houses.  Though he's come a long way since then, garnering over 20 years of experience as a technology entrepreneur and building a strong background in finance,  Wiehe still keeps his eye on the future and lives by the fundamental motto "Let's build a great company, and the opportunities will come."

Wiehe graduated with honors from General Electric's Financial Management Program, has served as treasurer of GE Plastics, led SAS Institute as its senior director, and has served as president and CEO of DataFlux Corporation.

About SciQuest

SciQuest provides a leading on-demand strategic procurement and supplier enablement solution that integrates customers with their suppliers to improve procurement of indirect goods and services.  Our on-demand software enables organizations to realize the benefits of strategic procurement by identifying and establishing contracts with preferred suppliers, driving spend to those contracts and promoting process efficiencies through electronic transactions.  Using our managed SciQuest Supplier Network, our customers do business with more than 30,000 unique suppliers and spend billions of dollars annually.  

Our current target markets are higher education, life sciences, healthcare and state and local governments.  We tailor our solution for each of the vertical markets we serve by offering industry-specific functionality, content and supplier connections.  We serve more than 160 customers operating in 16 countries and offer our solution in five languages and 22 currencies.  

For more information about SciQuest, please visit www.sciQuest.com or call 877-710-0413 in the U.S. or +44 1794 341182 in Europe.

Trademark information: SciQuest is a registered trademark of SciQuest, Inc. All other trade names are trademarks or registered trademarks of their respective holders.

Media Contact:

Amy Noesser, Ketchum for SciQuest

214-259-3435

Amy.Noesser@Ketchum.com

SOURCE SciQuest, Inc.



RELATED LINKS

http://www.sciQuest.com