FOR IMMEDIATE RELEASE

Contact:Marilyn KeyesScienceWise.com301.975.0103 x3047[email protected]

Jacqui ShowersRMR & Associates301.217.0009 x13[email protected]

SCIENCEWISE.COM LAUNCHES E-COMMERCE INITIATIVE WITH SCIQUEST.COM

ScienceWise.com members can now buy over a million products seamlessly while SciQuest.com customers gain access to rich funding data and content.

August 22, 2000-Washington, D.C.--ScienceWise.com, the Workplace on the Web for scientists and engineers, announced a master sponsorship agreement with SciQuest.com (SQST) on Sunday at the 220th American Chemical Society National Meeting in Washington, D.C. Under the agreement, ScienceWise.com and SciQuest.com, the trusted online solution for buyers and suppliers of scientific products, information, and services, are placing storefronts on each other's sites. ScienceWise.com members can access SciQuest.com's network of over 800 suppliers of scientific equipment, supplies and chemicals. At the same time, scientists visiting SciQuest.com's SciCentral site (http://www.scicentral.com) will have direct access to ScienceWise.com's database of research and small business funding opportunities.

"Our research shows that scientists and engineers are increasingly looking to the Internet when buying scientific equipment and supplies," said John Rodman, president and CEO of ScienceWise.com (http://www.sciencewise.com). "This agreement allows ScienceWise.com members who purchase scientific supplies to take advantage of the efficiencies that the Web offers. SciQuest.com's online listing of more than a million products allows researchers to comparison shop for what they want, when they want it. SciQuest.com's entire system makes purchases quick and easy. The company's industry focus and broad range of solutions uniquely qualify SciQuest.com to offer the richest and most satisfying experience for our members. They know this industry very well and it is readily apparent to scientists."

"This strategic partnership allows SciQuest.com and ScienceWise.com to provide a more comprehensive offering of mission-critical services and content," notes Scott Andrews, SciQuest.com's co-founder and CEO. "Our e-commerce, services and information solutions will help ScienceWise's 140,000 members cut the time they spend on procurement. That means significantly more time to further scientific discovery."

The alliance also adds valuable content for current users of SciQuest.com. "Our customers look to us as an unbiased source of information on all aspects of the scientific process," Andrews continues. "Adding a respected resource like ScienceWise to our site illustrates our ongoing commitment to the industry."

Recent research conducted by ScienceWise.com indicates that its members are well poised to benefit from this partnership. In a survey of 2000 members this past May, ScienceWise.com found that 76 percent of respondents expressed interest in purchasing scientific supplies and equipment online. Further, 94 percent said that, in the future, they plan to spend either more or the same amount of money on scientific supplies online.

SciQuest.com meets the needs of these members. Among the SciQuest.com features now accessible on ScienceWise.com are:

++ Marketplace provides researchers with the ability to purchase new scientific supplies and equipment from over 800 suppliers.

++ LabDeals offers special deals and new product promotions to users of the SciQuest.com site.

++ Auctions provide scientists and engineers the opportunity to both buy and sell used scientific equipment through SciQuest.com.

++ Ask Joe assists buyers in obtaining those hard-to-find, but necessary, instruments and supplies.

About ScienceWise.com.

ScienceWise.com is the Workplace on the Web for science and engineering and has over 140,000 members. ScienceWise.com delivers comprehensive information on published research, funding sources, teaming opportunities, products, and services. It combines its own services with those from the most trusted industry leaders, such as ISI, American Cancer Society, Congressional Quarterly, and National Academy Press, to provide the information and tools that science professionals need in their daily jobs. More than 107,000 professionals use ScienceWise.com email alert services at least weekly, receiving information tailored to their areas of interest.

ScienceWise.com has been connecting scientists, researchers, and educators to public and private funding opportunities for more than 10 years as Federal Information Exchange (FIE) and then the Research and Management Systems, Inc. (RAMS). ScienceWise.com is headquartered in Gaithersburg, Maryland, with offices in Atlanta, Georgia and Louvain-La-Neuve, Belgium.

About SciQuest.com

SciQuest.com is a trusted source for buyers and suppliers of scientific products and equipment, services, software and information. The company is dedicated to being an indispensable resource for scientific buyers and suppliers by increasing their productivity and reducing their supply chain costs. Its leadership team has deep experience in science, technology and supply chain management, enabling SciQuest.com to focus on unique challenges facing science-intensive organizations. SciQuest.com acquired EMAX Solution Partners to create the first integrated e-business solution that manages the entire lifecycle of scientific laboratory products from selection and procurement through ownership, use and disposal. The company's e-marketplace (SciQuest.com) is the industry's only unbiased solution and can be customized and seamlessly integrated with its customers' enterprise systems, internal inventory systems and chemical libraries. SciQuest.com maintains additional technology partnerships with IBM, Ariba, Commerce One, Intelisys and Oracle, among others. Headquartered in Research Triangle Park, N.C., the company has North American offices in Mountain View, Calif., Plainview, N.Y., and Philadelphia; and European offices in London, Paris and Walldorf, Germany. For more information about SciQuest, please visit http://www.sciquest.com or call (919) 659-2100.

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