SPRINGFIELD, Va.--(BUSINESS WIRE)--Versar, Inc. (NYSE Amex:VSR) and Lemko Corporation, which formed a strategic partnership in April of 2009, are pleased to announce they have successfully teamed with rural wireless broadband carriers to submit grant applications of more than $150 million under the American Recovery and Reinvestment Act (ARRA) for selected rural carriers in Pennsylvania, North Dakota, Wisconsin and New York.
These comprehensive grant applications offer an all-inclusive, 4G-ready, mobile broadband solution featuring Lemko’s Node1TM mobile broadband cellular system and Versar’s professional construction and project management services. The end result is a rapidly deployable, shovel ready and complete turn-key solution that provides wireless broadband to under-served and unserved areas in these states. During the next 30 days, Rural Utilities Service (RUS) and the National Telecommunication and Information Administration (NTIA) are expected to announce finalists for these competitive grant awards.
“Lemko’s solutions deliver mobile broadband data, high quality voice and text services at a sustainable business case for even the smallest markets”, said Bo Pyskir, President, Lemko Corporation. “Our software only approach ensures that operators have a clear and affordable path to next generation technology”
“Versar stands ready to begin deployment of the Lemko mobile broadband network to these states upon award notification. Our plan is to bring our telecommunications program management services to the rural carriers and deliver a timely, cost-efficient solution that clearly exceeds the intent of this important broadband stimulus effort,” said Ted Prociv, Versar’s President and CEO.
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.
LEMKO CORPORATION is a premier communications software firm that provides a complete mobile network at the cell site (RAN), distributing the core intelligence to the edge of the network and creating a reliable, flat IP architecture. This next-generation technology eliminates backhaul, lowers data latency and delivers the industry’s network vision for 4G cellular. This patented and highly scalable solution supports 2.5G, 3G, and 4G RAN technologies while offering full compatibility with existing systems at a ground breaking price point. Lemko is 4G-ing Ahead™ with broadband mobile, homeland security and enterprise solutions. Lemko is headquartered in Schaumburg, Illinois, USA. Further information may be found on the Lemko website at www.lemko.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 27, 2008. 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 Contact:
Barry Kaplan Associates
Andrew J. Kaplan
732-747-0702
smallkap@aol.com
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