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Versar, Inc. Awarded $3.5 Million in Military Munitions Task Orders

Dépèche transmise le 16 septembre 2009 par Business Wire

Versar, Inc. Awarded $3.5 Million in Military Munitions Task Orders

SPRINGFIELD, Va.--(BUSINESS WIRE)--Versar, Inc. (NYSE Amex:VSR) announced today that it has been awarded two military munitions task orders worth $3.5 million under the Air Force Military Munitions Response Program (MMRP) for the U.S. Army Corps of Engineers, Northwest Division. Under one task order, Versar is performing Comprehensive Site Evaluations at 10 military ranges, across six Air Force installations. Under the second task order, Versar is stabilizing 3,700 cubic yards of lead-contaminated soil at two skeet ranges and performing an investigation and removal of potential unexploded ordnance (UXO) at three Munitions Response Sites at McChord AFB in Tacoma, Washington.

Dr. Ted Prociv, President and CEO of Versar, said, “These awards reflect Versar’s increasing participation in the DoD’s Military Munitions Response Program and overall Federal environmental remediation services. We have a successful track record of performing UXO cleanup and expect Sustainable Range Management and MMRP to become an increasingly important part of our project management solutions.”

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 27, 2008. The forward-looking statements are made as of the date hereof and Versar does not undertake to update its forward-looking statements.