(MENAFNEditorial) Versar, Inc. (NYSE MKT: VSR) announced that the United States Army Corps of Engineers, Middle East District (USACE-TAM) has extended the Company's ongoing Personal Services and Support contract in Iraq by six months. The extension has a ceiling value of $1.5 million and the period of performance runs through August 6, 2014. Versar has been supporting the United States Department of Defense reconstruction efforts in Iraq since 2004.
Jeff Wagonhurst, President of Versar, said, "This contract extension demonstrates the continued quality support and capacity development we provide to the U.S. Army Corps of Engineers (USACE) in Iraq."
VERSAR, INC., headquartered in Springfield, Virginia, is a publicly traded global project management company providing sustainable value oriented solutions to government and commercial clients in the construction management, environmental services, munitions response, and professional services market areas.
VERSAR operates a number of web sites, including the corporate web sites, www.versar.com, www.ppsgb.com, and www.geo-marine.com.
This news 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 fiscal year ended June 28, 2013, as updated from time to time in the Company's periodic filings. 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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