Edgewater Named to Software 500

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Marks 10th Year of Recognition

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) (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.

“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.

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CONTACT: Edgewater Technology, Inc.
Barbara Warren-Sica
(781) 246-3343
[email protected]

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