Sciquest, Inc. - SQST- Profile

SciQuest.com Incorporated. The principal activity of the Group is to provide integrated e-commerce and asset management solutions for research enterprises and their supplier partners worldwide.The Company's platform and solutions can be utilized independently or integrated with leading software vendors and supplier systems to unite science, information and technology which enhances innovation, reduce costs, and improve operational effectiveness for scientific organizations worldwide. The technology and solutions provided by the Company benefits three distinct customers: scientists, purchasing professionals and suppliers to find, compare, purchase, track and manage critical laboratory items, thus allowing them to spend more time on research and testing. During the year 2000, the Company acquired Intralogix Inc, SciCentral Inc and EMAX Solution Partners Inc. E-commerce accounted for 89% of 2000 revenues and license fees and other services, 11%.