Versar, Inc. Added to the Russell Microcap(R) Index
* Reuters is not responsible for the content in this press release.
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
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.



Follow Reuters