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Versar, Inc. awarded $21m option for Iraq
- Iraq: Thursday, May 08 - 2008 at 08:39
- PRESS RELEASE
Versar, Inc. announced an award of an additional $21 million. This is the second option year of its existing contract to provide professional management services for approximately 400 personnel involved in construction management for the Army's rebuilding efforts in Iraq.
Dr. Ted Prociv, Versar's President and CEO, stated, "This award by the U.S. Army Corps of Engineers reflects the outstanding performance by Versar's international division, VIAP, in Iraq. Versar has demonstrated that our management approach, cost, and products are competitive in any market and our personnel are capable of excelling at any mission they are asked to accomplish."
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Notes and media contacts
VERSAR, INC., headquartered in Springfield, VA, is a publicly held international professionalservices firm supporting government and industry in national defense/homeland defense programs, environmental health and safety and infrastructure revi talization. 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 29, 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
Senior Vice President
(703) 642-6712
Investor Relations Contact:
Andrew J. Kaplan
Barry Kaplan Associates
623 River Road
Fair Haven, NJ 07704
(732) 747-0702
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Posted by Anne-Birte Stensgaard, Senior News Editor
