(Cary, N.C.) SciQuest, Inc., a leading provider of on-demand strategic procurement and supplier enablement solutions, today announced the appointment of Jeffrey T. Barber and Timothy J. Buckley to its board of directors. Barber and Buckley have decades of experience building and growing successful and innovative organizations. They augment the strength of the SciQuest board alongside other seasoned executives, including Noel Fenton, General Partner, Trinity Ventures; Daniel Gillis, former CEO of SAGA Systems; and Stephen Wiehe, president and CEO of SciQuest.

“We are pleased to expand our board of directors to include such talented and experienced business leaders,” said Stephen Wiehe, president and CEO of SciQuest. “Jeff’s entrepreneurial experience will be invaluable as we continue to grow our business, and Tim’s expertise in advising and leading emergent technology companies will be a great asset as SciQuest continues to grow and lead the ‘cost savings through procurement’ space.”

Jeffrey T. Barber, Director with Fennebresque & Co.

Jeff Barber is a Managing Director with Fennebresque & Co., where he focuses on healthcare and technology. He joined Fennebresque & Co. in 2009 after retiring from PricewaterhouseCoopers where he was a partner for 20 years and served as the Managing Partner of the Raleigh office for 14 years. He has extensive experience working with publicly and privately-held technology, healthcare, and large, multi-national companies.

Barber currently serves on the Board of Directors of Ply Gem Holdings, Inc., where he serves as chair of the audit committee. He also currently serves on the Board of Trustees of Blue Cross Blue Shield of North Carolina, is actively involved in the Research Triangle area business community, is a past board member of both the Council for Entrepreneurial Development (“CED”), where he twice served as chairman of the board, and the North Carolina Technology Association (“NCTA”), where he served as Treasurer.

“SciQuest brings a great deal of experience and success working with organizations in higher education, government and life sciences as it expands into the healthcare market,” said Barber. “I am enthusiastic to support their efforts to help organizations solve critical procurement challenges that will deliver much needed cost reductions.”

Timothy J. Buckley, Former Chief Operating Officer, Red Hat, Inc.

Tim Buckley is the former chief operating officer for Red Hat (NYSE:RHT), the world’s premier open source and Linux provider. As COO, he used his insight to accelerate the momentum of open source and expand Red Hat’s worldwide business operations. Prior to Red Hat, Buckley was senior vice president of worldwide sales at Seattle-based Visio Corporation, where he was instrumental in growing the company from a start-up to a public company that was acquired by Microsoft.

During his more than 20 years working with emerging technology companies, he has helped launch many other successful start-ups, including Aldus, known for the creation of PageMaker, which was acquired by Adobe and Approach, a PC database company that was sold to Lotus. Mr. Buckley served on the board of SmartPath, which was acquired by DoubleClick (Nasdaq:DCLK) and as an advisor to MySQL, which was acquired by Sun Microsystems. He currently serves on the board of ChannelAdvisor, rPath and Carpio. He graduated from Pennsylvania State University with a degree in Liberal Arts.

“SciQuest’s on-demand solutions deliver on a critical need faced by many organizations today that are bogged down by inefficient and out-dated procurement systems,” said Buckley. “I look forward to serving on SciQuest’s board of directors as the company continues its leadership in procurement solutions and experiences the next phase of business growth and success.”

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.