updated 12/9/2010 1:17:17 PM ET 2010-12-09T18:17:17

WAKEFIELD, Mass., Dec. 9, 2010 (GLOBE NEWSWIRE) -- A technology management consulting firm specializing in providing specialty information technology ("IT") services, Edgewater Technology, Inc. (Nasdaq:EDGW) ( http://www.edgewater.com/ ) ("Edgewater " or the "Company"), announced today it has been recognized as one of the top women-led businesses in the region.

The Commonwealth Institute and the Boston Business Journal hosted the organizations' Top 100 Women-Led Businesses Awards ceremony yesterday, December 8, 2010, at the Park Plaza Hotel in Boston. These awards celebrate and honor the region's top women-led businesses. Edgewater placed 18th on the list that ranked businesses by 2009 revenue.

"It is an honor to be included on this list once again," commented Shirley Singleton, Chairman, President and CEO of Edgewater. "The awards ceremony was standing room only. We were overwhelmed by the positive response from the business community."

Ms. Singleton is the Chairman, President and Chief Executive Officer of Edgewater, which she co-founded in 1992. Her working life began as a high school teacher and coach. When she abruptly lost her job due to budget cuts, Shirley successfully transitioned to a new career – computer programming. Ten years later, Shirley co-founded Edgewater Technology. Since its inception, Edgewater has grown from a privately-held, five-person shop into a multi-million dollar, publicly-traded technology management consulting firm with consultants working across the globe.  During her tenure, Shirley has been presented with numerous awards and recognitions. Acknowledgements include: previous recognition as one of the Top 100 Woman-Led Businesses in Massachusetts, and being named in Boston Magazine's Top 100 Powerful Women in the Boston area. Ms. Singleton is a graduate of Northeastern University where she earned a Bachelor of Science in Education and she has also received a Doctorate of Humane Letters from Endicott College.

About Edgewater

Edgewater Technology, Inc. (Nasdaq: EDGW) (http://www.edgewater.com/) is a consulting firm that brings a synergistic blend of specialty services to its clients in the areas of business advisory, analytics, data management and technology. We develop business strategies and technology solutions that address our clients' specific needs while providing them with an increased competitive advantage. Headquartered in Wakefield, MA, we typically go to market both vertically by industry and horizontally by product and technology specialty and provide our clients with a wide range of business and technology offerings.  To learn more, visit http://www.edgewater.com/ or call 800-410-4014.

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

CONTACT: Edgewater Technology, Inc.
         Jenny Norwood
         (781) 213-9850
         jnorwood@edgewater.com

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