Aventis CropScience GmbH Licenses SciQuest's Enterprise Reagent Manager to Maximize Research Operations.Business Editors, Health & Medical Writers 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. , N.C.--(BW HealthWire)--Jan. 23, 2002 Research Asset Management Solution Specifically Designed to Improve Research Supply Chain Efficiency SciQuest, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : SQST), a technology and solutions company that provides integrated e-commerce and research asset management solutions for research enterprises and their supply chain partners worldwide, announced today that Aventis CropScience GmbH, has chosen to license Enterprise Reagent reagent /re·a·gent/ (re-a´jent) a substance used to produce a chemical reaction so as to detect, measure, produce, etc., other substances. re·a·gent n. Manager(TM) as its enterprise-wide research asset management solution. Aventis CropScience GmbH is a major crop protection and crop production company that is also involved in top ranking environmental and public health activities committed to developing sustainable agriculture sustainable agriculture n. A method of agriculture that attempts to ensure the profitability of farms while preserving the environment. worldwide. "We are excited that Aventis CropScience GmbH has selected SciQuest's Enterprise Reagent Manager as their worldwide research supply chain management solution," said Jamie Duke, Vice President of Products, Operations and Strategy for SciQuest. "The implementation will provide our client with a scalable enterprise-wide solution, including features such as chemical structure searching, bar code automation and an environmental health and safety management system that will streamline workflow for their research scientists worldwide." Enterprise Reagent Manager is a web-enabled research asset management and planning software application that manages enterprise-wide procurement and usage of chemical materials. In so doing, the software solution reduces the time scientists spend on material acquisition, inventory management and logistics - thereby maximizing the time dedicated to research and development. "We are gratified grat·i·fy tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies 1. To please or satisfy: His achievement gratified his father. See Synonyms at please. 2. that Aventis CropScience has chosen to join our growing list of leading research organizations that have licensed Enterprise Reagent Manager as their chemical management solution," said Stephen J. Wiehe, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of SciQuest. "We have continuously worked hard to provide to our clients the best possible research supply chain solutions and look forward to continued development and enhancement of products that serve the life science community." The need for end-to-end supply chain solutions has become increasingly important as R&D organizations invest in new technologies to remain competitive in today's market. High-throughput technology has dramatically increased research volumes, generating an unprecedented amount of chemical entities to be managed. Managing this growing volume of chemicals by traditional means has become a great expense to organizations and a burden for researchers, taking away time that could be better spent on research and development. Research asset management solutions like the software developed by SciQuest provide organizations with tools that improve the flow of materials and information, thereby accelerating the research process. About SciQuest SciQuest is a technology and solutions company that provides integrated e-commerce and research asset management solutions for research enterprises and their supply chain partners worldwide. Its domain expertise, proven technologies, and professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. capabilities uniquely position SciQuest to make e-solutions work for science. The Company's platform and solutions can be utilized independently or integrated with leading software, automation equipment and supplier systems to enhance innovation, reduce costs, and improve operational effectiveness for scientific organizations worldwide. Headquartered in Research Triangle Park, N.C., the Company has offices in Philadelphia and London. For more information about SciQuest, please visit www.sciquest.com or call +1-919-659-2100. SciQuest is a registered trademark of SciQuest, Inc. Enterprise Reagent Manager, Enterprise Substance Manager, ERM (Enterprise Relationship Management) An umbrella term with many shades of meaning over the years. It may refer to the management of information from any or all of an organization's customers, suppliers, business partners and employees. Fast Track, ERM Fast Track Plus, SelectSite, SelectSite SRA SrA abbr. senior airman and SelectSite APA (All Points Addressable) Refers to an array (bitmapped screen, matrix, etc.) in which all bits or cells can be individually manipulated. APA - Application Portability Architecture are trademarks of SciQuest, Inc. Statements in this press release that are not historical facts are forward-looking statements that involve risks and uncertainties, including all statements regarding the results or effects of SciQuest's Enterprise Reagent Manager(TM). For such statements, the Company claims the protection of the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. for forward-looking statements under 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. 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 are discussed in the Company's Quarterly Report on Form 10-Q Form 10-Q See 10-Q. for the period ended September 30, 2001, filed with the Securities and Exchange Commission, under the caption "Factors That May Affect Future Results". |
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