WAKEFIELD, Mass., Aug. 9, 2012 (GLOBE NEWSWIRE) -- Edgewater Technology, Inc. (Nasdaq:EDGW), a leading consulting firm that brings a blend of business advisory and product-based consulting services to its clients, was recognized as one of the largest IT consulting firms in Massachusetts by the Boston Business Journal.

The journal ranked Edgewater 8 out of the 25 largest IT consulting firms in Massachusetts in terms of annual revenue, and ranked the company 18 on the number of Massachusetts-based IT consultants.

"We are honored to be recognized as an industry leader in the state," commented Shirley Singleton, Edgewater's chairman, president and CEO. "Our success has been driven by our unique blend of product-based solutions and strategic consulting services. Combined with our custom software development and industry expertise, we are able to deliver a unique value proposition that seamlessly drives transformational change for our customers."

About Edgewater

Edgewater Technology, Inc. (Nasdaq:EDGW) is a strategic consulting firm delivering a blend of advisory and product-based services. Edgewater addresses the market both vertically by industry and horizontally by product and technology specialty, providing its client base with a wide range of business and technology solutions. As one of the largest IT consulting firms based in New England, the company works with clients to reduce costs, improve processes and increase revenue through the judicious use of technology. Edgewater's brand names include Edgewater Technology, Edgewater Ranzal and Edgewater Fullscope. To learn more, please visit www.edgewater.com.

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

About the Boston Business Journal

The Boston Business Journal is Greater Boston's leading source of business news, information and events, reaching readers through the weekly print publication, the website bostonbusinessjournal.com and e-mail products. The BBJ also prints the annual Book of Lists — the region's top resource for business decision-makers seeking information about potential clients, suppliers and partners. The Boston Business Journal is published by American City Business Journals, the nation's largest publisher of metropolitan business news.

CONTACT: Company Contact:
         
         Jenny Norwood
         Senior Marketing Program Manager
         (781) 246-3343
         jnorwood@edgewater.com