Airgas Announces Strategic Relationship With SciQuest.Business Editors RADNOR, Pa.--(BUSINESS WIRE)--Oct. 25, 2000 Airgas, Inc. (NYSE NYSE See: New York Stock Exchange :ARG See argument. arg - argument ) announced today it formed a strategic relationship with SciQuest to provide medical and specialty gases, safety supplies and laboratory applications equipment to their business-to-business e-marketplace. SciQuest is a builder and operator of private marketplaces and supply chain solutions exclusively focused on leading research enterprises and their supplier partners worldwide. "This relationship is an important part of Airgas' strategy as a multi-channel distributor," stated Peter McCausland, chairman and chief executive officer of Airgas. "Airgas has a history of providing innovative solutions to our customers by embracing technology advances and leveraging them to expand our leadership position. By working with a focused and proven e-commerce provider like SciQuest, we have an opportunity to better serve our existing customers in the pharmaceutical, clinical, biotechnology, chemical and educational communities, as well as extend our market reach to new customers." "We are very excited to work collaboratively with a leading supplier partner such as Airgas," commented Scott Andrews, chief executive officer and co-founder of SciQuest. "Airgas has a proven product, high service standards, and a trusted brand that is respected and desired by our customers. Our companies share a vision for the future that serves our common customers with innovative and effective e-commerce solutions to drive scientific research and operational efficiencies." About SciQuest SciQuest is a builder and operator of private marketplaces and supply chain solutions exclusively focused on leading research enterprises and their supplier partners worldwide. Its unbiased position and domain expertise make SciQuest the best qualified to make e-commerce work for science through enabling technologies, supply chain solutions and e-services. The company's proven technology and back-office infrastructure can be utilized independently or integrated with leading software vendors and supplier systems to unite science, information and technology. SciQuest's solutions, including the EMAX EMAX Email Address Exchange Service electronic research asset management and planning solutions, enhance innovation and improve operational effectiveness. Headquartered in Research Triangle Park Research Triangle Park, research, business, medical, and educational complex situated in central North Carolina. It has an area of 6,900 acres (2,795 hectares) and is 8 × 2 mi (13 × 3 km) in size. Named for the triangle formed by Duke Univ. , NC, the company has North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. offices in Mountain View, CA, Plainview, NY and Philadelphia, PA; and European offices in London, Paris and Walldorf, Germany. For more information about SciQuest, please visit www.SciQuest.com or call (919) 659-2100 (USA) or 49 (0) 6227-382240 (Walldorf). About Airgas, Inc. Airgas, Inc. is the largest distributor of industrial, medical and specialty gases and welding welding, process for joining separate pieces of metal in a continuous metallic bond. Cold-pressure welding is accomplished by the application of high pressure at room temperature; forge welding (forging) is done by means of hammering, with the addition of heat. equipment and one of the largest distributors of safety supplies in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Airgas' integrated distributor network consists of approximately 700 locations, including branches, packaged gas fill plants, distribution centers, and inbound and outbound telemarketing telemarketing, the practice of selling goods or services to customers by means of the telephone or of surveying consumer preferences in telephone conversations. operations. Airgas can be visited on the Internet at www.airgas.com. This press release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. about Airgas within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995, including statements regarding the benefits to be derived by Airgas from its alliance with SciQuest and Airgas' ability to deliver effective services and products. These forward-looking statements involve risks and uncertainties. Factors that could cause actual results to differ materially from those predicted in any such forward-looking statement include SciQuest's ability to attract customers who accept Airgas' services and products, dependence on the success of SciQuest's e-business strategy, Airgas' ability to supply services and products in a timely manner, increased competition, changes in the e-commerce industry and general economic conditions. These and other risks are detailed from time to time in Airgas' periodic reports filed with the Securities and Exchange Commission, including, but not limited to, its report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for its fiscal year ended March 31, 2000. |
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