WAKEFIELD, Mass., Nov. 4, 2013 (GLOBE NEWSWIRE) -- Edgewater Technology, Inc . (Nasdaq: EDGW ) (Edgewater), a leading consulting firm that brings a blend of classic and product-based consulting services to its clients, has been recognized by the Commonwealth Institute and The Boston Globe Magazine as one of the top women-led businesses in Massachusetts.
The Boston Globe Magazine is partnering with the Commonwealth Institute to present the Institute's 12th annual Top 100 Women-Led Businesses list. The Top 100, which were announced during a breakfast at the Renaissance Boston Waterfront Hotel on November 1, 2013, will be published in the Globe Magazine's first-ever Women and Power Issue. Edgewater placed 16th on the annual ranking, which is based upon total revenue.
"The organic growth we have been experiencing is a testament to the outstanding work we do for our clients," commented Shirley Singleton, Edgewater's chairman, president and CEO. "We continue to focus on building strong client relationships and are pleased that our ongoing growth is recognized by our peers."
Ms. Singleton co-founded the company in 1992 with her partner, David Clancey. She began her career as a high school teacher and coach. When she abruptly lost her job due to budget cuts, Shirley successfully transitioned into 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 employees working across the globe.
During her tenure, Ms. Singleton has been presented with numerous awards and recognitions, in addition to inclusion on The Commonwealth Institute's list of top 100 woman-led businesses for twelve consecutive years. She was awarded an honorary Doctor of Humane Letters degree from Endicott College in Beverly, MA; serves as a trustee for the North Shore Medical Center, which is part of Partners Healthcare; and is a member of the Town of Essex Conservation Commission.
About The Commonwealth Institute
The Commonwealth Institute is one of the leading women's organizations in Boston and focuses on supporting the successful CEOs, entrepreneurs, and corporate executives who significantly impact the greater Boston business community. For the past 13 years, their mission has been to help these women leaders build successful businesses and careers, and doing so through their CEO forums, educational programming and networking opportunities. They are renowned for dynamic Signature Events with nationally-recognized leaders and their annual Top 100 Woman-Led Businesses survey, all of which provide substantial networking and learning to their members and beyond. For more information, please visit www.commonwealthinstitute.org
About Edgewater
Edgewater Technology, Inc. (Nasdaq: EDGW ) is a strategic consulting firm delivering a blend of classic and product-based consulting 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 Consulting, Edgewater Ranzal and Edgewater Fullscope. To learn more, please visit www.edgewater.com .
Company Contact: Timothy R. Oakes Chief Financial Officer 1-781-246-3343 Investor Relations: Liolios Group, Inc. Cody Slach or Greg Falesnik 1-949-574-3860
