Press Release

www.edgewater.com

April 4, 2008

Presentation by: Kevin R. Rhodes

Chief Financial Officer

April 4, 2008

Presentation by: Kevin R. Rhodes

Chief Financial Officer

Exhibit 99.1

www.edgewater.com

Safe Harbor Language

Certain statements contained in this presentation and in the

subsequent discussion that are not statements of historical facts

are "forward looking statements" within the meaning of the

Private Securities Litigation Reform Act of 1995.

The words -

"believe," "expect," "anticipate," "intend," "will" and similar

expressions are examples of words that identify forward-looking

statements.

Forward-looking statements include, without

limitation, statements regarding our future financial position,

growth including acquisitions, potential margin improvements,

business

strategy,

revenue

goals

and

profitability

today's

date.

These forward looking statements are based on our current

beliefs, as well as assumptions we have made based upon

information currently available to us. Actual results could vary

significantly

from

those

results

implied,

stated

projected

any

such forward looking statements for a variety of reasons,

including those set forth in our press releases and SEC filings,

and we are not obligated to update these forward-looking

statements made as of today to conform these statements for

intervening events.

www.edgewater.com

Edgewater Technology (NASDAQ: EDGW)

Technical Management Consulting Firm

Premium Information Technology (IT) Services

Market Opportunity

Domestic Specialty IT Services

Example –

MIT

EDGW = Growth Company (Value Stock)

Two-pronged strategy

•

Organic Growth

•

Acquisitions to accelerate growth

www.edgewater.com

Geographic Expansion in US

Los

Angeles

Denver

Boston

Calgary

Office

Locations

BDM

Locations

Staff

Locations

New in 2007

San Francisco

Dallas / Houston

Memphis

Manchester

New York

Quebec

Little Rock

www.edgewater.com

Why Should You Be Interested in Us?

Growth Company

3 Year Compounded Annual Growth Rate (CAGR)-

28%

Doubled CPM Practice during 2007*

We Believe We are Undervalued Today in the

Market

EV –

4.5 x multiple of Cash Flow

High End IT Consulting Firm

Moving up the IT Services Pyramid

High Concept, High Value and High Touch

*Includes revenue run rate for CPM practice, including acquisitions of

Alecian, Lynx and Vertical Pitch .

www.edgewater.com

Consultant Headcount & Revenue

302

274

257

259

252

160

161

183

218

268

258

261

233

$300,177

$277,548

$224,078

$260,624

100

150

200

250

300

350

Q4 '04

Q1 '05

Q2 ' 05

Q3 '05

Q4 '05

Q1 '06

Q2 '06

Q3 '06

Q4 '06

Q1 '07

Q2 '07

Q3 '07

Q4 '07

$200,000

$222,000

$244,000

$266,000

$288,000

$310,000

Billable Headcount

Revenue per Billable Consultant

Quarterly Consultant Headcount & Annual Revenue per Consultant

Service Offerings

57% of Svs. Revenue

30% of Svs. Revenue

13% of Svs. Revenue

(All service revenue percentages are as of 12/31/07.)

www.edgewater.com

2008 Outlook and Beyond

Core Business –

“Hot Areas”

BI/CPM

Vertical Focus (Healthcare & Insurance)

Data Services (“Google your own Data”)

New Opportunities for Growth

Web Analytics

Predictive Analytics

Internet Commerce 2.0

Closer to $100m Revenue Run Rate Target

Not Guidance but a Meaningful Hurdle

Disciplined Growth Strategy

www.edgewater.com

Investment Considerations

Seasoned Management Team

Management Aligned with Shareholders

18% Officer Ownership (stock & options)

Performance-based Compensation

Strong Growth / Improving Metrics

Strong Balance Sheet (as of December 31, 2007)

$120m+ in Total Assets

•

$23m in Cash & Securities

$1.72 per share

$14m used in the purchase of Vertical Pitch in 12/10/07

•

$22m Deferred Tax Asset (Historical NOLs)

$1.67 per share

We Believe We are an Undervalued Stock Today

in the Market

Financial Graphs

& Non-GAAP Earnings Analysis

Financial Graphs

& Non-GAAP Earnings Analysis

www.edgewater.com

Annual Revenue Growth (‘04 –

‘07)

Annual Revenue Growth (‘04 –

‘07)

25,322

43,126

60,083

68,490

8,242

6,979

-491

2,346

$10,000

$20,000

$30,000

$40,000

$50,000

$60,000

$70,000

$80,000

2004

2005

2006

2007

-$500

$500

$1,500

$2,500

$3,500

$4,500

$5,500

$6,500

$7,500

$8,500

$9,500

$10,500

$11,500

$12,500

$13,500

$14,500

$15,500

Revenue

Adjusted EBITDA (excludes SBC)

Revenue & Adjusted EBITDA (000's)

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Financial Performance

Target

range

for

Utilization

78%

–

82%

78.5%

77.0%

78.8%

80.3%

84.0%

81.5%

75.4%

79.9%

81.1%

82.2%

82.8%

80.8%

74.5%

38.7%

41.0%

46.0%

48.6%

45.8%

42.2%

45.2%

46.3%

44.0%

45.0%

44.3%

42.4%

50.0%

55.0%

60.0%

65.0%

70.0%

75.0%

80.0%

85.0%

90.0%

95.0%

100.0%

Q4 '04

Q1 '05

Q2 ' 05

Q3 '05

Q4 '05

Q1 '06

Q2 '06

Q3 '06

Q4 '06

Q1 '07

Q2 '07

Q3 '07

Q4 '07

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

Utilization

Svcs. Gross profit %

Quarterly Utilization & Services Gross Margin

Financial Performance

www.edgewater.com

736

913

1,405

1,579

1,498

1,454

1,164

1,237

2,386

1,878

2,298

2,094

2,165

1,051

1,377

1,972

$500

$1,000

$1,500

$2,000

$2,500

$3,000

Q1 '06

Q2 '06

Q3 '06

Q4 '06

Q1 '07

Q2 '07

Q3 '07

Q4 '07

Cash Net Income

Adjusted EBITDA (excludes SBC)

Quarterly Cash Net Income & Adjusted EBITDA (000's)

Diluted Cash Net Income and Adjusted EBITDA are Non-GAAP financial measures. Refer to the Appendix for a reconciliation of

these measures to GAAP Net Income.

www.edgewater.com

Financial Performance

Quarterly Diluted Cash EPS & Adjusted EBITDA per Share

0.06

0.08

0.12

0.13

0.09

0.11

0.09

0.11

0.19

0.20

0.18

0.15

0.11

0.09

0.15

0.16

$0.00

$0.05

$0.10

$0.15

$0.20

Q1 '06

Q2 '06

Q3 '06

Q4 '06

Q1 '07

Q2 '07

Q3 '07

Q4 '07

Cash EPS

Adjusted EBITDA EPS (excludes SBC)

Diluted Cash EPS and Adjusted EBITDA EPS are Non-GAAP financial measures. Refer to the Appendix for a reconciliation

of these measures to GAAP Earnings per Share.

www.edgewater.com

Q1 2008 Earnings Results Call

Scheduled :

April 30, 2008

Scheduled :

April 30, 2008

Appendix

Reconciliation of Non-GAAP Financial Measures

Note:

Cash

Net

Income

and

Cash

Earnings

per

Diluted

are

Non-GAAP

financial

measures

and

are

not

intended

financial

measures

that

should

regarded

alternative

to,

meaningful

than,

Net

Income

GAAP

Diluted

Earnings

per

Share.

The

Cash Net Income and Cash Earnings per Diluted Share measures presented herein may not be comparable to similarly titled measures

presented

other

companies.

Edgewater’s

management

believes

that

cash

performance

the

primary

driver

long-term

value.

As such, Edgewater views Cash Net Income and Cash Earnings per Diluted Share as important indicators of performance that help

investors gain a meaningful understanding of the Company’s core operating results and future prospects, consistent with the manner in

which management measures and forecasts the Company’s performance.

www.edgewater.com

Mar 31,

Jun 30,

Sep 30,

Dec 31,

Mar 31,

Jun 30,

Sep 30,

Dec 31,

2006

2007

Reconciliation of GAAP Net Income to Cash Earnings Per Diluted Share (Non-GAAP):

Reported GAAP Net Income

460

435

1,064

1,242

837

1,046

1,097

5,830

Less: Recorded Tax Benefit

(5,155)

Add: Amortization of Intangibles

217

327

314

312

324

455

Add: Stock-based Compensation

243

469

242

247

257

373

361

488

Less: Related Tax Effect

(184)

(318)

(228)

(224)

(244)

(277)

(284)

(381)

Cash Net Income

736

913

1,405

1,579

1,164

1,454

1,498

1,237

Cash Earnings Per Diluted Share

0.06

0.08

0.12

0.13

0.09

0.11

0.09

Diluted Shares Outstanding

11,335

12,156

11,659

11,839

12,449

13,119

13,134

13,309

Quarterly Period Ended

Appendix

Reconciliation of Non-GAAP Financial Measures

Note:

EBITDA,

Adjusted

EBITDA

and

Adjusted

EBITDA

per

Diluted

are

Non-GAAP

financial

measures

and

are

not

intended

financial

measures that should be regarded as an alternative to, or more meaningful than, either GAAP Operating Income, GAAP Net Income and Net

Income

per

Diluted

Share.

The

EBITDA,

Adjusted

EBITDA

and

Adjusted

EBITDA

per

Diluted

measures

presented

herein

may

not

comparable

similarly

titled

measures

presented

other

companies.

Edgewater’s

management

believes

that

cash

performance

the

primary

driver

long-

term

value.

such,

Edgewater

views

EBITDA,

Adjusted

EBITDA

and

Adjusted

EBITDA

per

Diluted

important

indicators

performance that help investors gain a meaningful understanding of the Company’s core operating results and future prospects, consistent with the

manner in which management measures and forecasts the Company’s performance.

www.edgewater.com

Mar 31,

Jun 30,

Sep 30,

Dec 31,

Mar 31,

Jun 30,

Sep 30,

Dec 31,

2006

2007

Reconciliation of GAAP Net Income to EBTIDA (Non-GAAP):

Reported GAAP Net Income

460

435

1,064

1,242

837

1,046

1,097

5,830

Less: Income from DISCO

Add: Income Tax Provision

302

294

709

800

624

712

465

(4,697)

Add: Depreciation & Amortization Expense

345

461

454

495

567

568

599

714

Less: Interest Income

(299)

(282)

(304)

(398)

(407)

(401)

(428)

(363)

EBITDA

808

908

1,923

2,139

1,621

1,925

1,733

1,484

Add: Stock-based Compensation

243

469

242

247

257

373

361

488

Adjusted EBITDA

1,051

1,377

2,165

2,386

1,878

2,298

2,094

1,972

Adjusted EBITDA per Diluted Share

0.09

0.11

0.19

0.20

0.15

0.18

0.16

0.15

Diluted Shares Outstanding

11,335

12,156

11,659

11,839

12,449

13,119

13,134

13,309

Quarterly Period Ended