Versar, Inc. Announces Growth In Iraq Personal Services Contract

SPRINGFIELD, VA / ACCESSWIRE / August 15, 2016 / Versar, Inc. (NYSE MKT: VSR) today announced that the United States Army Corps of Engineers, Middle East District (USACE-MED) has ordered more requirements under Versar's ongoing Iraq Personal Services Contract. By this modification, USACE exercises a second and final option year, ending in August 2017, and adds $2.5 million in funding to the original contract. Under this contract, personnel supporting USACE-MED ensure the performance of quality assurance, warranty, material and equipment inspections and on-site monitoring of geographically dispersed construction sites requiring Iraqi National project, administration and technical support.

Tony Otten, CEO of Versar, noted that, "this second extension of our Iraq Personal Services Contract in support of the U.S. Army Corps of Engineers continues to demonstrate the strength of our partnership with the Middle East District contributing to our nation's security interests and the stability of Iraq. Versar has provided such services to USACE-MED for the past twelve years and we look forward to continuing such support."

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.