Edgewater Named to Software 500

Marks 10th Year of Recognition

• Press Release
• Source: Edgewater Technology, Inc.
• On 8:30 am EDT, Tuesday September 29, 2009

WAKEFIELD, Mass., Sept. 29, 2009 (GLOBE NEWSWIRE) -- A technology management consulting firm specializing in providing specialty information technology ("IT") services, Edgewater Technology, Inc. (Nasdaq:EDGW - News) (www.edgewater.com, "Edgewater Technology" or the "Company"), announced today it has been recognized within Software Magazine's 27th Annual Software 500, the ranking of the world's largest software and services providers.

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Symbol	Price	Change
EDGW	2.74	+0.04

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"We are honored to be recognized on the Software 500 for the tenth year," said Shirley Singleton, Chairman, President and CEO of Edgewater Technology. "We continue to invest in promising growth areas by broadening our reach into strategic services such as enterprise performance management (EPM), enterprise information management, web analytics and internet commerce."

Edgewater's ranking (#244) is based on the Company's total 2008 service revenue of $73.7 million, which increased 8% year over year. This marks Edgewater's tenth year for being recognized among such a distinguished group of software and service providers.

"The Software 500 helps CIOs, senior IT managers and IT staff research and create the short list of business partners," Desmond says. "It is a quick reference of vendor viability. And the online version to be posted soon at www.Softwaremag.com is searchable by category, making it what we call the online catalog to enterprise software."

The Software 500 is a revenue-based ranking of the world's largest software and services suppliers targeting medium to large enterprises, their IT professionals, software developers and business managers involved in software and services purchasing.

About Edgewater Technology, Inc.

Edgewater Technology, Inc. is an innovative technology management consulting firm. We provide a unique blend of specialty IT services by leveraging our proven industry expertise in strategy, technology and enterprise performance management. Headquartered in Wakefield, MA, we go to market by vertical industry and provide our clients with a wide range of business and technology offerings. To learn more, visit www.edgewater.com or call 800-410-4014.

The Edgewater Technology logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=3783

About Digital Software Magazine, the Software Decision Journal, and Softwaremag.com

Digital Software Magazine, the Software Decision Journal, has been a brand name in the high-tech industry for 30 years. Softwaremag.com, its Web counterpart, is the online catalog to enterprise software and the home of the Software 500 ranking of the world's largest software and services companies. Software Magazine and Softwaremag.com are owned and operated by King Content Co.

Edgewater Technology, Inc.
Barbara Warren-Sica
(781) 246-3343
bwarren@edgewater.com