Edgewater Named to VARBusiness 500

Ranked Among North America's Top Technology Integrators

WAKEFIELD, Mass., June 9, 2008 (PRIME NEWSWIRE) -- A technology management consulting firm specializing in providing premium IT services, Edgewater Technology, Inc., (Nasdaq:EDGW), ("Edgewater" or the "Company"), announced today it has been awarded a ranking by Everything Channel in the VARBusiness 500. Edgewater's ranking (#362) is based on the Company's total 2007 revenue of $68.5 million.

"We are honored to be recognized within the VARBusiness 500 again," said Shirley Singleton, Chairman, President and CEO of Edgewater Technology. "This recognition is a result of our consultants' dedication to deliver top-notch business-driven technology solutions."

The VAR 500 list details the leading revenue producers among technology integrators and technology Solution Provider organizations in North America. The list's ranking is based on gross worldwide revenue of hardware and software sales, as well as earnings from professional and managed information technology (IT) services.

"The indirect sales Channel for technology products and services drives two-thirds of all technology sales in the United States, and the Solution Providers who make up the Channel are the primary influencers of business technology decision making," said Robert C. DeMarzo, senior vice president and editorial director of Everything Channel. "This is why the VAR 500 is such an important list, because these are the top Solution Providers in the industry, and we salute them for their stellar performance."

The complete listing of the VARBusiness 500 was published in the May 26, 2008 issue and is also posted at www.varbusiness.com.

About Edgewater Technology

Edgewater Technology, Inc. is an innovative technology management consulting firm. We provide a synergistic blend of premium IT services by leveraging our proven industry expertise in strategy, technology and corporate performance management. Headquartered in Wakefield, MA and with locations throughout North America, 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.

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