Versar, Inc. Recognized by Engineering News-Record in Two Major Categories
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SPRINGFIELD, Va.--(Business Wire)-- VERSAR, Inc. (Amex:VSR) announced today that Engineering News-Record (ENR), the preeminent engineering and construction magazine in the United States has determined in its June 9, 2008 issue that Versar was the 19th largest United States program-management firm. In the article, Bruce D'Agostino, CEO of the Construction Management Association of America was quoted as saying, "American firms are seeing more and more opportunities overseas because U.S. program managers are seen as can-do people around the world." In its May 19/26, 2008 issue ENR also recognized that Versar was the 54th largest U.S. contracting firm working overseas. Dr. Ted Prociv, Versar's President and CEO, stated, "We appreciate ENR's recognition of Versar as one of the top United States program managers and contractors working abroad. Versar has achieved amazing penetration during the past three years. Our experience, tools and capabilities have given us the ability to continue to rapidly build our international business in the next few years. The international marketplace for our services is growing and will be reflected in increasing revenue and profitability." 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.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. Versar, Inc. James Dobbs, Senior Vice President, 703-642-6712 jdobbs@versar.com or Investor Relations Contact: Barry Kaplan Associates Andrew J. Kaplan, 732-747-0702 smallkap@aol.com Copyright Business Wire 2008
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