Versar, Inc. Joint Venture Awarded $6.1 Million In Design/Build/Repair Task Orders By Air Force Civil Engineering Center

SPRINGFIELD, Va., Jan. 6, 2015 /PRNewswire/ -- Versar, Inc. (NYSE MKT: VSR) announced today that its joint venture with Johnson Controls Federal Systems has been awarded $6.1 million in Design/Build/Repair task orders for the repair of electrical, water transmission, and compressed air systems at Kaena Point Satellite Tracking Station, Hawaii and Laughlin AFB, Texas. These task orders were awarded under the S/R&M Acquisition Task Order Contract (SATOC) IDIQ with the Air Force Civil Engineer Center (AFCEC)., The SATOC IDIQ primarily services AFCEC customers, providing a fast track, efficient method for executing all types of facility repairs, renovations and construction. 

Tony Otten, CEO of Versar, said, "We have formed a strong team with our joint venture partner, Johnson Controls Federal Systems, and welcome this additional opportunity to work with AFCEC. We're confident that our team's capabilities are well matched to the contract's requirements."

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, munitions response, and professional services market areas.

VERSAR operates the corporate web sites, www.versar.com and www.versarpps.com.

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 27, 2014, 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.

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SOURCE Versar, Inc.