Under this new contract, Versar will assist the US Government in specialty areas related to management, security, and strategic planning for the next two years.
This contract is subject to continued funding over the two year period with the first six months currently funded.
Dr. Ted Prociv, President and CEO of Versar, said, "Versar's excellent reputation for Construction Management and Professional Services in Iraq have allowed our Program Management group to successfully win this contract with a new client. We are excited about the opportunity to broaden our client base and begin working on strategic issues directly tied to the transition of power in Iraq."
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Versar, Inc. awarded $4.3m to provide professional management services in Iraq
- Iraq: Thursday, April 17 - 2008 at 09:24
- PRESS RELEASE
VERSAR, Inc. was awarded a contract to provide Professional Management Services and Staff Augmentation to a confidential client in Iraq with a $4.3 million ceiling.
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Notes and media contacts
VERSAR, INC., headquartered in Springfield, VA, is a publicly held infrastructure program management company for the Federal Government and the commercial market specializing in homeland defense, engineering and construction management, environmental health and safety and the management of toxic and hazardous materials. VERSAR operates a number of web sites, including the corporate Web sites, http://www.versar.com, http://www.homelanddefense.com, and http://www.geomet.com; and a B2B portal for homeland defense products and services, http://www.nbcprotect.com and http://www.dtaps.com.This press 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 year ended June 28, 2007. The forward-looking statements are made as of the date hereof and Versar does not undertake to update its forward-looking statements.
Contact:
James Dobbs
(703) 642-6712
Senior Vice President
Investor Relations Contact:
Andrew J. Kaplan(732) 747-0702
Barry Kaplan Associates
623 River Road
Fair Haven, NJ 07704
Posted by Lara Lynn Golden, News EditorThursday, April 17 - 2008 at 09:24 UAE local time (GMT+4)
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