updated 11/29/2010 2:15:53 PM ET 2010-11-29T19:15:53

WHITE PLAINS, N.Y., Nov. 29, 2010 (GLOBE NEWSWIRE) -- Today Edgewater Ranzal, a wholly-owned subsidiary of Edgewater Technology, Inc. (Nasdaq:EDGW) ( http://www.edgewater.com ) (the "Company" or "Edgewater Ranzal") announced that they have opened an office in the United Kingdom. The new London office will support the firm's growing customer base in the European market.

"Many of our global clients have been asking us to expand overseas, so we can bring our Hyperion expertise to their European offices and subsidiaries," said Robin Ranzal Knowles, President of Edgewater Ranzal. "We have been pleased by the enthusiastic response and support we have received from our suppliers and customers in this initiative, and look forward to bringing our implementation experience to the European marketplace."

Edgewater Ranzal, an Oracle Platinum Consulting Partner, is one of the few consulting firms in North America that specializes in implementing the entire Oracle Hyperion Enterprise Performance Management (EPM) and Business Intelligence (BI) suite of products. The combination of individual Oracle Hyperion solution proficiency (Essbase, Planning, HFM, HSF, HPCM, FDM, DRM, Disclosure Management, OBIEE) coupled with a deep understanding of the challenges and needs faced by many organizations makes Ranzal uniquely positioned to provide customers with invaluable technical and business consulting services. This expertise is in great demand worldwide as global organizations strive to extend their EPM solutions across every business unit and subsidiary, focusing on critical areas such as Consolidation & Reporting, Integrated Business Planning, and Financial & Operational Analytics.

About Edgewater Ranzal

For over 15 years, Edgewater Ranzal ("Ranzal" – www.ranzal.com) has provided premier consulting services for enterprise performance management (EPM) solutions on the Oracle/Hyperion platform.  Ranzal has delivered many innovative solutions that solve complex business problems while creating efficiencies that directly impact clients' bottom lines. With one of the largest Oracle Hyperion and BI practices in the North America, Ranzal has attained Oracle EPM & BI Platinum Partner status, and has been presented with numerous awards and recognitions by Oracle including multiple Partner of the Year awards. Ranzal supports its global customer base with one of the largest consulting practices in North America, and a new regional European office located in the United Kingdom. For more information about Edgewater Ranzal, email info@ranzal.com, visit our website at ranzal.com. or phone UK: +44 (0)2033 717 174

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