Edgewater Ranzal Achieves Oracle PartnerNetwork Specialization For Oracle Planning And Budgeting Cloud Service

WHITE PLAINS, N.Y., March 19, 2014 (GLOBE NEWSWIRE) -- Edgewater Technology-Ranzal, Inc., a wholly-owned subsidiary of Edgewater Technology, Inc. (Nasdaq:EDGW) and Platinum level member of Oracle PartnerNetwork (OPN), announced that it has achieved OPN Specialized status for Oracle Planning and Budgeting Cloud Service (PBCS).

Oracle PBCS enables organizations of all sizes to quickly adopt world-class planning and budgeting applications with no additional CAPEX infrastructure investments, driving world-class functionality beyond finance across the enterprise, with flexible deployment options and virtually no learning curve.

To achieve OPN Specialized status, Oracle partners are required to meet a stringent set of requirements that are based on the needs and priorities of the customer and partner community. By achieving a Specialized distinction, Edgewater Ranzal has been recognized by Oracle for its expertise in delivering services specifically around Oracle PBCS through competency development, business results, and proven success.

"With Oracle Planning and Budgeting Cloud Service, organizations can now deploy a solution for their planning cycle in a short time and with a significantly lower cost of entry," said Chris Churchill, Vice President of Edgewater Ranzal's Planning and Essbase Practice. "The application of this technology is unlimited and we are excited to be an implementation partner for this new Oracle solution."

About Edgewater Ranzal

Edgewater Ranzal delivers Business Analytics solutions that include Oracle Hyperion Enterprise Performance Management (EPM) and Oracle Business Intelligence (BI). Ranzal consistently applies and updates leading-practice methodologies to address changing business requirements in various industries and take advantage of evolving system capabilities. Edgewater Ranzal has a global presence, with resources and clients located throughout the United States, Canada, and Europe.

About Oracle PartnerNetwork

Oracle PartnerNetwork (OPN) Specialized is the latest version of Oracle's partner program that provides partners with tools to better develop, sell, and implement Oracle solutions. OPN Specialized offers resources to train and support specialized knowledge of Oracle products and solutions and has evolved to recognize Oracle's growing product portfolio, partner base, and business opportunity. Key to the latest enhancements to OPN is the ability for partners to differentiate through Specializations. Specializations are achieved through competency development, business results, expertise, and proven success. To find out more, visit http://www.oracle.com/partners.

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CONTACT: Company Contact:                  Jenny Norwood         Senior Marketing Manager         Tel (781) 246-3343                  Investor Relations:                  Liolios Group, Inc.         Cody Slach or Greg Falesnik         1-949-574-3860         EDGW@liolios.com

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