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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 28, 2002
EDGEWATER TECHNOLOGY, INC.
(Exact name of registrant as specified in its charter)
Commission file number: 0-20971
Delaware 71-0788538
(State or Other Jurisdiction of (I.R.S. Employer Identification No.)
Incorporation or Organization)
20 Harvard Mill Square
Wakefield, MA 01880-3209
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number including area code: (781) 246-3343
Not Applicable
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(Former name or former address, if changed since last report)
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ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
(a) Previous independent accountants
(i) On June 28, 2002, Edgewater Technology, Inc. (the "Company")
terminated the engagement of Arthur Andersen LLP as its
independent accountants as Arthur Andersen LLP's offices in the
State of Massachusetts will be closed effective June 30, 2002.
The decision to terminate Arthur Andersen LLP was approved by the
Company's Audit Committee and the Company's Board of Directors.
(ii) The reports of Arthur Andersen LLP on the financial
statements for the past two fiscal years contained no adverse
opinion or disclaimer of opinion and were not qualified or
modified as to uncertainty, audit scope or accounting principle.
(iii) In connection with its audits for the two most recent fiscal
years and the interim period through June 28, 2002, there have
been no disagreements with Arthur Andersen LLP on any matter of
accounting principles or practices, financial statement
disclosure, or auditing scope or procedure, which disagreements if
not resolved to the satisfaction of Arthur Andersen LLP would have
caused them to make reference thereto in their report on the
financial statements for such years.
(iv) During the two most recent fiscal years and interim period
through June 28, 2002, there have been no reportable events (as
defined in Regulation S-K Item 304(a)(1)(v)).
(v) The Company provided Arthur Andersen LLP with a copy of the
foregoing disclosures. The Company has requested that Arthur
Andersen LLP furnish it with a letter addressed to the Securities
and Exchange Commission (the "SEC") stating whether it agrees with
the above statements. A copy of such letter, dated June 28, 2002 is
filed as Exhibit 16.1 to this Form 8-K.
(b) New independent accountants
As recommended by the Audit Committee of the Company's Board of
Directors, the Board of Directors of the Company authorized and
approved the Company's engagement of Deloitte & Touche LLP as its
new independent accountants to serve as the Company's independent
accountants for the 2002 fiscal year. Deloitte & Touche LLP's
engagement became effective as of June 28, 2002, the date on which
Deloitte & Touche LLP accepted the appointment. During the two
most recent fiscal years and through June 28, 2002, the Company
has not consulted with Deloitte & Touche LLP regarding either:
the application of accounting principles to a specified
transaction, either completed or proposed; or the type of audit
opinion that might be rendered on the Company's consolidated
financial statements or any other matters or reportable events as
set forth in Items 304(a)(2)(i) and (ii) of Regulation S-K.
ITEM 7. EXHIBITS
16.1 Letter from Arthur Andersen LLP to the SEC, dated June 28, 2002.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
EDGEWATER TECHNOLOGY, INC.
(Registrant)
Date: June 28, 2002 By: /s/ Kevin Rhodes
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Kevin Rhodes
Chief Financial Officer
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