Edgewater Listed on Russell Microcap(TM) Index.WAKEFIELD, Mass. -- A technology management consulting Noun 1. management consulting - a service industry that provides advice to those in charge of running a business service industry - an industry that provides services rather than tangible objects firm specializing in providing premium IT services, Edgewater Technology, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : EDGW, www.edgewater.com, "Edgewater Technology" or the "Company"), today announced it has joined the Russell Microcap microcap 1. Of or relating to the common stock of a company with a small capitalization, usually between $50 million and $250 million. Microcap stocks tend to experience volatile price movements and are subject to investment fraud schemes. (TM) Index. Russell recently posted the final 2006 list at http://www.russell.com/US/Indexes/US/Reconstitution/MICROCAP.pdf. "We are honored to be listed in the Russell Microcap Index," said Shirley Singleton, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Edgewater Technology. "Our inclusion in this index will assist with our ongoing efforts to increase the Company's visibility with investors and institutions." The Russell family Russell family English Whig family. It first became prominent under the Tudors, when John Russell (died 1555) was created earl of Bedford (1549) for helping suppress a rebellion against the Protestant reforms of Edward VI. of U.S. indexes is designed to be a comprehensive representation of the investable U.S. equity market. These indexes are value-weighted and include only common stocks belonging to corporations incorporated in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and its territories. They are utilized by investment managers and institutional investors for index funds to access both near- and long-term investments strategies. The Russell Microcap Index measures performance of the microcap segment, representing less than 3% of the U.S. equity market. The Russell Microcap Index includes the smallest 1,000 securities in the small-cap Russell 2000(R) Index plus the next 1,000 securities. About Edgewater Technology, Inc. Edgewater Technology, Inc. is an innovative technology management consulting firm. We provide a unique blend of premium IT services by leveraging our proven industry expertise in strategy, technology and corporate performance management. Headquartered in Wakefield, MA, we go to market by vertical industry 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. |
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