The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from PR Newswire

/C O R R E C T I O N -- Versar, Inc./

Wednesday, July 17, 2013

/C O R R E C T I O N -- Versar, Inc./

08:30 EDT Wednesday, July 17, 2013

In the news release, Versar Inc. Team Awarded Environmental Remediation and Military Munitions Response Services Contract with Maximum Total Capacity of $250 Million, issued July 17, 2013 by Versar, Inc. over PR Newswire, we are advised by the company that there have been changes to the information in the headline as well as the first paragraph. The complete, corrected release follows:

Versar Inc. Team One of Ten Teams Awarded Environmental Remediation and Military Munitions Response Services Contract

SPRINGFIELD, Va., July 17, 2013 /PRNewswire/ -- Versar, Inc. (NYSE MKT: VSR) announced that it is a member of the RMC SoundEarth, LLC team that has been awarded one of ten Multiple Environmental Government Acquisition (MEGA) contracts for Environmental Remediation Services (ERS) and Military Munitions Response Program (MMRP) Services in support of the US Army Corps of Engineers, Omaha District. The maximum estimated combined total value of all ten contracts awarded will not exceed $250,000,000. This contract consists of a three-year base ordering period with one two-year optional ordering period. Work will be performed at various locations nationwide, and may include Alaska, Hawaii, and US Territories.

Tony Otten, CEO of Versar, Inc., said, "We are very pleased to continue our extremely successful relationship with USACE, and with RMC Consultants, Inc. and SoundEarth Strategies, Inc. ? two exceptional small businesses ? on this important environmental and munitions contract. Versar's experience in MMRP support and environmental remediation services, combined with our strong nationwide presence, will aid the team in providing quality, efficient solutions to USACE. This MEGA Contract continues to demonstrate Versar's commitment to supporting the United States Government in achieving its critical environmental goals."

VERSAR, INC., headquartered in Springfield, VA, is a publicly traded global project management company providing sustainable, value-oriented solutions to government and commercial clients in the construction management, environmental services, and munitions response, and telecommunication and technology integration market areas.

VERSAR operates a number of web sites, including the corporate web sites, www.versar.com, www.geomet.com; www.viap.com; www.dtaps.com; www.adventenv.com, www.charronconsulting.com and www.ppsgb.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, 2012, 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.

(Logo:  http://photos.prnewswire.com/prnh/20120806/NE52646LOGO)

Contact:           

David Gray                                           

John Nesbett or Jennifer Belodeau

Director of Financial Reporting                

Institutional Marketing Services (IMS)

Versar, Inc.                                          

(203) 972-9200

(703) 642-6888                                      

jnesbett@institutionalms.com

dgray@versar.com 

 

SOURCE Versar, Inc.

Products
  • The Globe and Mail Newspaper

    Newspaper delivered to your doorstep. subscribe

  • Globe Unlimited

    Digital all access pass across devices. subscribe

  • The Globe and Mail App

    The New Globe and Mail App for iPhone®, iPad® and Apple Watch download

  • Globe2Go

    The digital replica of our newspaper. subscribe

  • Globe eBooks

    A collection of articles by the Globe. subscribe

See all Globe Products

Advertise with us

GlobeLink.ca

Your number one partner for reaching Canada's Influential Achievers. learn more

The Globe at your Workplace
Our Company
Secure Service
Customer Service
Advertising Privacy
Globe Recognition
Mobile Apps
NEWS APP
Other Sections