Versar, Inc. Awarded New $14.8m Task Order by The Us Army Corps of Engineers for Work in Afghanistan


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SPRINGFIELD, VA / ACCESSWIRE / October 12, 2016 / Versar, Inc. (NYSE MKT: VSR) today announced that the United States Army Corps of Engineers, Middle East District (USACE-MED), issued a new task order valued at $14.8 million under the Company's existing services contract in Afghanistan. Under the new task order, the Company will continue providing support for Afghan engineering and technical staff and working with USACE personnel overseeing construction projects throughout Afghanistan.

Tony Otten, CEO of Versar, said, "Versar and our team of professionals are honored that USACE-MED has entrusted us with supporting this critical effort. We look forward to continuing to provide long term and cost effective engineering oversight throughout Afghanistan."

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.


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