Edgewater Technology, Inc. Holds 2010 Annual Stockholders' Meeting


WAKEFIELD, Mass., June 18, 2010 (GLOBE NEWSWIRE) -- Edgewater Technology, Inc. (Nasdaq:EDGW) (www.edgewater.com) ("Edgewater" or the "Company"), 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, today announced that the Company held its Annual Stockholders' Meeting on June 16, 2010 in Wakefield, Massachusetts.

     The meeting was held for the following purposes:

  • To elect seven directors to serve until the 2011 Annual Meeting of Stockholders;
  • To ratify the appointment of Deloitte & Touche LLP by the Company's Audit Committee as independent registered public accountants to audit the accounts of Edgewater for the fiscal year ending December 31, 2010; and
  • To transact any other business that may properly come before the Annual Meeting.

      The elected seven board members include:

  • Shirley Singleton, Chairman, President and CEO of Edgewater;
  • Paul Flynn, Executive Vice President and Commercial Loan Officer of Danversbank;
  • Paul Guzzi, President and CEO of the Greater Boston Chamber of Commerce;
  • Nancy Leaming, former CEO and President of Tufts Health Plan;
  • Michael Loeb, President and CEO of Loeb Enterprises;
  • Daniel O'Connell, former Secretary of Housing and Economic Development for the Commonwealth of Massachusetts; and
  • Wayne Wilson, former President and COO of PC Connection, Inc.

Approximately 85% of all issued and outstanding shares were represented at the Annual Stockholders' Meeting and each nominee described above received at least 87% of the votes cast to elect directors.   Additionally, the Company's stockholders ratified the appointment of Deloitte & Touche LLP as the Company's independent registered public accountants for the year ending December 31, 2010.

The Company's next Annual Meeting is tentatively planned to be held in June 2011.

About Edgewater Technology, Inc.

Edgewater 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 www.edgewater.com or call 800-410-4014.

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



            

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