Versar, Inc. Awarded Fence To Fence Environmental Services Contract From The General Services Administration With A Maximum Capacity Of $4.2 Million

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Oct 23, 2014, 08:30 ET

SPRINGFIELD, Va., Oct. 23, 2014 /PRNewswire/ -- Versar, Inc. (NYSE MKT: VSR) announced today that its wholly-owned subsidiary, J.M. Waller Associates, Inc., has been awarded a prime contract from the General Services Administration to provide Fence to Fence Environmental Services at Barksdale Air Force Base, Louisiana and Columbus Air Force Base, Mississippi for the Air Force Civil Engineering Center (AFCEC). The contract is a single award with a maximum five-year period of performance consisting of a base year and four option years. The full amount of the base year and four options years is $4.2 Million.

Tony Otten, CEO of Versar said, "We are very pleased to continue our extremely successful relationship with AFCEC through this comprehensive environmental services contract. This win illustrates the valuable contributions of our most recent acquisition, J.M. Waller."

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, and www.jmwaller.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.

Contact:	David Gray	John Nesbett or Jennifer Belodeau
	Director of Financial Reporting	Institutional Marketing Services (IMS)
	Versar, Inc.	(203) 972-9200
	(703) 642-6888	[email protected]
	[email protected]