| Business Summary | | SciQuest.com,
Inc.
is
a
technology
and
solutions
company
providing
integrated
e-commerce
and
asset
management
solutions
for
research
enterprises
and
their
supplier
partners
worldwide.
The
Company's
technology
and
solutions
benefits
three
distinct
customers,
including
scientists,
purchasing
professionals
and
suppliers.
SciQuest's
solutions
reduce
the
time
scientists
require
to
find,
compare,
purchase,
track
and
manage
critical
laboratory
items,
thus
allowing
them
to
spend
more
time
on
research
and
testing.
The
Company's
solutions
allow
purchasing
professionals
to
reduce
procurement
costs
by
automating
order
processing,
providing
more
control
and
information
to
support
enterprise
purchasing
policies,
as
well
as
optimizing
asset
management
of
research
substances.
SciQuest's
solutions
provide
an
efficient
e-commerce
platform
and
related
solutions
that
allows
suppliers
to
expand
their
market
reach,
reduce
customer
acquisition
costs
and
minimize
order
processing
costs. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | SQST
is
a
Web-based,
interactive
marketplace
for
scientific
and
laboratory
products
used
by
pharmaceuticals,
clinical,
biotechnology,
chemical,
industrial
and
educational
organizations
worldwide.
For
the
six
months
ended
6/30/01,
revenues
increased
4%
to
$18.7
million.
Net
loss
rose
44%
to
$51.9
million.
Revenues
reflect
the
sale
of
scientific
products
in
e-commerce
transactions.
Higher
loss
reflects
higher
amortization
and
restructuring
charges. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| M. Scott Andrews, 35 Chairman | $215K | -- | Stephen Wiehe CEO | -- | -- | James Scheuer, 53 CFO | 209K | $1.4M | Barrett Joyner, 48 Exec.
VP of the e-Services Division | -- | -- | Cecil Kost, 47 Exec.
VP and Pres, E-Commerce | 278K | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|