Versar, Inc. Awarded $1.1M In Environmental Remediation Program Management Project

SPRINGFIELD, Va.--(BUSINESS WIRE)--Versar, Inc. (Amex: VSR) announced today that Versar's Chicago office has been awarded an environmental remediation program management contract for $1.1 million. U.S. Cold Storage has awarded a contract to provide turnkey remediation of mold, asbestos-containing materials, and other environmental contaminants at their facility located in Miami, Florida.

Dr. Ted Prociv, President and CEO of Versar, Inc., said, "Versar has invested heavily in educating and certifying our project managers as Program Management Professionals (PMPs) through the Program Management Institute. The recent transformation of Versar's business model, moving from small consulting projects to larger program management contracts allows us to successfully bid, win and perform projects such as the one described above. I expect continued success this year in landing these larger projects."

VERSAR, INC., headquartered in Springfield, VA, is a publicly held international professional services firm supporting government and industry in national defense/homeland defense programs, environmental health and safety and infrastructure revitalization. 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.viap.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.

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