Versar, Inc. Awarded Major Air Force Contract

• Press Release
• Source: Versar, Inc.
• On 9:15 am EDT, Wednesday September 30, 2009

SPRINGFIELD, Va.--(BUSINESS WIRE)--Versar, Inc. (NYSE Amex:VSR) announced today it is one of sixteen small businesses awarded a five year, $3 billion ID/IQ contract by the Department of the Air Force’s Center for Engineering and the Environment (AFCEE). The five year contract will have an eight year performance period and be worldwide in geographic scope.

Related Quotes

Symbol	Price	Change
VSR	3.30	-0.05

{"s" : "vsr","k" : "c10,l10,p20,t10","o" : "","j" : ""}

The Worldwide Environmental Restoration and Construction (WERC 09) contract scope allows for environmental restoration services, traditional construction, and services in support of the Military Munitions Response Program. Since December of 2003, Versar has performed more than $35 million of work for AFCEE under a predecessor contract.

Dr. Ted Prociv, President & CEO of Versar, said, “The Air Force continues to be a most valued client. The WERC 09 contract is a strong vote of confidence in the quality of environmental remediation and construction services we have provided the Air Force and our clients over the years. This award supports our strategy of building Versar into a leadership position among a new breed of “green” companies which provide full service environment, energy and construction services. We are a “green –collar” company.”

VERSAR, INC., headquartered in Springfield, VA, is a publicly held international professional services firm supporting government and industry in national defense/homeland defense programs, environmental health and safety and infrastructure revitalization. VERSAR operates a number of web sites, including the corporate Web sites, http://www.versar.com, http://www.homelanddefense.com, and http://www.geomet.com; http://www.viap.com and http://www.dtaps.com.

This press release contains forward-looking information. The forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be significantly impacted by certain risks and uncertainties described herein and in Versar’s Annual Report on Form 10-K filed with the Securities and Exchange Commission for the year ended June 26, 2009. The forward-looking statements are made as of the date hereof and Versar does not undertake to update its forward-looking statements.

Versar, Inc.
Michael J. Abram
Senior Vice President
703-642-6706
mabram@versar.com
or
Investor Relations:
Barry Kaplan Associates
Andrew J. Kaplan, 732-747-0702
smallkap@aol.com