VERSAR Professional Services Group Secures Another Win With Long-Term Teaming Partner, Health Facility Solutions Company

SPRINGFIELD, VA / ACCESSWIRE / August 22, 2016 / Versar, Inc. (NYSE MKT: VSR) today announced that the U.S. Army Corps of Engineers, Savannah District, has awarded long-time teaming partner, Health Facility Solutions Company, a not to exceed $8 million five-year (three-year base period and one two-year option) contract for the provision of construction management services. These services include assistance and guidance to field offices, construction quality assurance inspection and reporting, review of contract documents and shop drawings, review of Network Analysis Schedules and quality control plans, and investigation and reporting of construction contractor claims.

Versar’s Chief Executive Officer, Tony Otten said that, “this is an important win for both Versar and Health Facility Solutions, with whom we have long been teaming partners. We look forward to working together to support USACE Savannah.”

VERSAR, INC., headquartered in Springfield, Virginia, is a publicly-traded global project management company providing sustainable value oriented solutions to government and commercial clients in the construction management, environmental services, and professional services market areas.

VERSAR operates the following websites: www.versar.com and www.versarpps.com.

Find out more about VERSAR at

https://twitter.com/VersarInc
https://www.facebook.com/VersarInc
http://www.linkedin.com/company/38251

This news 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 fiscal year ended June 26, 2015, as updated from time to time in the Company’s periodic filings. The forward-looking statements are made as of the date hereof and Versar does not undertake to update its forward-looking statements.

Contact:

Karin Weber
M&A, Investor Relations Manager
Versar, Inc.
(703) 642-6706
kweber@versar.com

Robert Ferri
Robert Ferri Partners
(415) 575-1589
robert.ferri@robertferri.com

SOURCE: Versar, Inc.

ReleaseID: 444071