Edgewater is a leading strategic consulting firm that focuses onhelping companies drive transformational change
Wakefield, MA – January 3, 2017 – Edgewater Technology, Inc. (“Edgewater”)(NASDAQ: EDGW), a leading consulting
firm that helps business leaders drive transformational change through its unique selection of business and technology
services and specialized product-based solutions, today announced that its Board of Directors has set the close of
business on January 11, 2017 as the record date for purposes of determining the stockholders eligible to consent in
writing to the consent solicitation being undertaken by Ancora Catalyst Fund LP and other participants.
Edgewater helps business leaders drive transformational change through its unique selection of business and technology
services and specialized product-based solutions.
Classic consulting disciplines (such as business advisory, process improvement, organizational change management, M&A
due diligence, and domain expertise) are blended with technical services (such as digital transformation, technical roadmaps,
data and analytics services, custom development, and system integration) to help organizations get the most out of their
existing IT assets while creating new digital business models.
Delivering both on premise and in the cloud, Edgewater partners with Oracle and Microsoft to offer Business Analytics, BI,
ERP, and CRM solutions. Edgewater Ranzal, an Oracle Platinum Consulting Partner, provides Business Analytics solutions
leveraging Oracle EPM, BI, and Big Data technologies. As an award-winning Microsoft partner, Edgewater Fullscope delivers
Dynamics AX ERP, Business Intelligence, and CRM solutions, with a specialty in manufacturing.
In connection with the consent solicitation initiated by Ancora Catalyst Fund, LP and other parties (collectively, “Ancora”),
Edgewater Technology, Inc. (the “Company”) may file a consent revocation statement and other documents regarding the
Lone Star proposals with the Securities and Exchange Commission (the “SEC”) and may mail a consent revocation statement
and a consent revocation card to each stockholder of record entitled to deliver a written consent with respect to the Lone Star
proposals. STOCKHOLDERS ARE ENCOURAGED TO READ ANY CONSENT REVOCATION STATEMENT AND ANY OTHER RELEVANT
DOCUMENTS FILED WITH THE SEC WHEN THEY BECOME AVAILABLE, BECAUSE THEY WILL CONTAIN IMPORTANT
INFORMATION. The final consent revocation statement, if any, may be mailed to stockholders. Investors and stockholders will
be able to obtain the documents free of charge at the SEC’s website, www.sec.gov, from Edgewater at its website,
www.edgewater.com, or 200 Harvard Mill Square, Suite 210, Wakefield, Massachusetts 01880, Attention: Corporate Secretary.
Participants in Solicitation
The Company and its directors and executive officers may be deemed to be participants in the solicitation of consent
revocations in connection with the Ancora proposals. Information concerning the Company’s participants is set forth in the
proxy statement, dated April 25, 2016, for its 2016 Annual Meeting of Stockholders as filed with the SEC on Schedule
14A. Additional information regarding the interests of participants of the Company in any solicitation of consent revocations
in connection with the Lone Star proposals and other relevant materials, if any, will be filed with the SEC when they become
Timothy R. Oakes
Chief Financial Officer
Phone: (781) 246-3343
Sard Verbinnen & Co
Bryan Locke / Debbie Miller
Phone: (312) 895-4700
E-mail: email@example.com / firstname.lastname@example.org