Versar, Inc. Awarded Up To $20m IDIQ Contract with EPA

SPRINGFIELD, VA / ACCESSWIRE / September 6, 2016 / Versar, Inc. (NYSE MKT: VSR) announced today that it was awarded one of three IDIQ contracts in support of the Environmental Protection Agency's (EPA) Office of Pesticide Programs (OPP) providing scientific data reviews and evaluations to support pesticide registration. The contract's period of performance runs through July 2021. The minimum guarantee is $25K and the maximum is $20M. Task orders will be competed among the three contract awardees.

Tony Otten, Chief Executive Officer of Versar, said: "This win is important to Versar as it expands our presence with long-time customer, the EPA, in supporting their mission of protecting human health and the environment by ensuring pesticides are properly evaluated and registered. Versar has supported the OPP for more than 30 years and we are honored to have been selected to continue to serve our valued customer."

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.

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.