Versar, Inc. Awarded General Services Adminstration Contract Valued At $4.5M

Versar, Inc. (NYSE MKT:

) announced today that its wholly-owned subsidiary, J.M. Waller Associates, Inc., was awarded a new contract from the General Services Administration (GSA) to provide ongoing facility support, maintenance and repair of the U.S. Army Reserve 88th Regional Support Command (RSC) facilities located in the Northwest Region of the United States. The firm fixed price contract is a single award with a maximum five-year period of performance consisting of a one base year and four option years. The maximum contract capacity is $23 million and the full amount of the base year is approximately $4.5 million. Tony Otten, CEO of Versar said, "We welcome this opportunity to continue our support of the U.S. Army Reserve 88th Regional Support Command and GSA. We are confident that our team's capabilities are well matched to the requirements of the contract and to the demands of the geographic locations in which we will continue to work."