13D Filing: Lone Star Value Management and Edgewater Technology Inc (EDGW)

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(b) 1. Sole power to vote or direct vote: 314,312
2. Shared power to vote or direct vote: 0
3. Sole power to dispose or direct the disposition: 314,312
4. Shared power to dispose or direct the disposition: 0
(c) Lone Star Value Management has not entered into any transactions in the Shares during the past
60 days. The transactions in the Shares on behalf of Lone Star Value Investors during the past 60 days are set forth in Schedule
A and are incorporated herein by reference.
E. Mr. Eberwein
(a) Mr. Eberwein, as the manager of Lone Star Value GP and sole member of Lone Star Value Management,
may be deemed the beneficial owner of the (i) 264,312 Shares owned by Lone Star Value Investors and (ii) 50,000 Shares held in
the Separately Managed Account.

Percentage: Approximately 2.3%

(b) 1. Sole power to vote or direct vote: 314,312
2. Shared power to vote or direct vote: 0
3. Sole power to dispose or direct the disposition: 314,312
4. Shared power to dispose or direct the disposition: 0

(c) Mr. Eberwein has not entered into any transactions in the Shares during the past 60 days. The transactions
in the Shares on behalf of Lone Star Value Investors during the past 60 days are set forth in Schedule A and are incorporated herein
by reference.
(d) No person other than the Reporting Persons is known to have the right to receive, or the power to direct the receipt of dividends
from, or proceeds from the sale of, the Shares.
(e) As of June 7, 2017, the Reporting Persons ceased to be the beneficial owners of more than 5% of the Shares of the Issuer.
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