Versar’s Professional Services Group Awarded Key Task Order Serving The U.S. Army Reserve 88th Regional Support Command

SPRINGFIELD, VA / ACCESSWIRE / August 30, 2016 / Versar, Inc. (NYSE MKT: VSR) announced today that the General Services Administration has awarded the Company a Task Order to provide the U.S. Army Reserve 88th Regional Support Command (RSC) with Operations, Plans, Engineering and Environmental Technical Support. Versar’s Professional Services Group (PSG) will perform these varied and sophisticated services across the 88th RSC’s vast 19 state area of responsibility. The task order has a five-year period of performance and is valued at an estimated $37 million.

Tony Otten, Chief Executive Officer of Versar, commented that: “This is another great win for Versar, especially for PSG. We are proud to have contributed to the successful operations of the 88th RSC for the last ten years and look forward to continuing this support for many years to come.”

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: 444461