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( BW)(NC-SCIQUEST)(SQST) Alltech Announces Strategic Alliance Plus Partnership With SciQuest.com
Business Editors
RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--Dec. 20, 1999--Alltech Associates, Inc is pleased to announce that, along with an elite group of industry suppliers, it has entered into a strategic alliance with SciQuest.com (Nasdaq: SQST) as Alltech's business-to-business partner in e-commerce.
SciQuest.com offers a Web-based interactive marketplace ( sciquest.com ) for pharmaceutical, clinical, biotechnology, chemical, industrial and educational organizations worldwide.
According to Alltech President Rick Kurtz, "E-Commerce is a significant sales channel for Alltech Associates, Inc, and SciQuest.com is an important part of our company's future strategy to bring products to market and to serve the customer."
This strategic alliance combines the market leading product offerings of prominent companies, such as Alltech, Ambion, Amersham and PerkinElmer, into SciQuest.com's comprehensive electronic marketplace services for scientific and laboratory products.
Under the terms of the strategic alliance agreement, SciQuest.com will be Alltech's exclusive third-party provider of electronic marketplace services. Alltech has chosen to partner with SciQuest.com because of their strong marketing and sales expertise, extensive reach, technical capabilities and their continuing commitment to support Alltech and its product line. SciQuest.com also enables scientists and purchasing professionals to find, track and manage essential laboratory products more effectively and efficiently. The benefits of ease of access, value for money, and flexibility are making the Internet a preferred purchasing channel for many of Alltech's customers.
"Delivering value-added services in a reliable and efficient Internet environment is important to us, and we are pleased to be offering this to Alltech's customers," said Scott Andrews, CEO of SciQuest.com. "Our years of experience in the scientific and laboratory products arena, combined with our Web-based technologies, makes us ideally suited to uniquely meet Alltech's marketing, distribution and sales needs."
About SciQuest.com
SciQuest.com is a leading business-to-business e-marketplace for scientific products used by pharmaceutical, chemical, biotechnology, industrial and educational organizations worldwide. By leveraging its extensive laboratory products and supply chain management expertise with its exclusive product listings and robust portfolio of e-procurement solutions, SciQuest.com has the ability to reduce customers' procurement costs while increasing researchers' productivity. Additionally, SciQuest.com provides suppliers with a cost-effective sales and marketing channel. The company's e-marketplace is distributor-neutral and can be customized and seamlessly integrated with its customers' enterprise systems. SciQuest.com is headquartered in Research Triangle Park, N.C. with offices in Mountain View, Calif. and Plainview, N.Y.
About Alltech Associates
Alltech Associates, Inc is a leading manufacturer and supplier of chromatography products, including the most extensive line of HPLC and GC columns available from a single source and a complete line of supplies and instrumentation for GC, HPLC, IC, TLC, Sample Handling and Filtration. Alltech has also developed and introduced instrumentation for chromatography that delivers improved performance and cost-saving advantages to the analytical chemist. From its principal office in Deerfield, IL, and its worldwide network of both branch offices and affiliated dealers, Alltech markets its extensive range of chromatography products on a global basis.
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