Versar, Inc. Added to the Russell Microcap(R) Index

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Wed Jul 23, 2008 9:15am EDT

SPRINGFIELD, Va.--(Business Wire)--
VERSAR, Inc. (Amex:VSR) announced today that it had been added to
the list of public companies that comprise Russell Microcap(R) Index.
Versar's inclusion became effective at the close of the market on June
27, 2008, following the Russell Investment Group's annual
reconstitution of these lists.

   The Russell Microcap Index measures the performance of the
microcap segment of the U.S. equity market. It includes 1,000 of the
smallest securities in the small-cap Russell 2000(R) Index based on a
combination of their market cap and current index membership and it
includes the next 1,000 securities.

   Russell Microcap Index is constructed to provide a comprehensive
and unbiased barometer for the microcap segment trading on national
exchanges. The Russell Microcap Index is completely reconstituted
annually to ensure larger stocks do not distort performance and
characteristics of the true microcap opportunity set. For more
information, visit Russell's website at www.russell.com.

   Dr. Ted Prociv, Versar's President and CEO, stated, "Versar's
inclusion in the Russell Microcap(R) Index, as well as recognition by
Fortune Magazine as one of the 100 fastest growing small
publicly-traded companies and inclusion in two of Engineering News
Records top list of program management and largest U.S. international
construction managers recognizes the Company's achievements over the
past three years. This is, however, just the first step in our plan to
grow our business profitability and build shareholder value."

   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.

Versar, Inc.
James Dobbs, 703-642-6712
Senior Vice President
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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