VERSAR, Inc. Appoints Larry Bailey as Leader of Air Force Programs.SPRINGFIELD, Va. -- VERSAR, Inc. (Amex:VSR VSR - sector single-unit radar (US DoD) VSR - Validate, Service and Respond VSR - Variable Speed Reversible VSR - Vegetarian Society of Richmond VSR - Vegetarian Society of Richmond (Virginia, USA) VSR - Vehicle Service Road (airports) VSR - Vendor Stock Replenishment VSR - Vérification de Service Régulier (Informatique) VSR - Veritas Storage Replicator VSR - Very Short Reach (Ciena/Cisco design for high speed, 10Gbps data)) announced today that Mr. Larry Bailey has joined the Company as the leader of its Air Force Programs and manager of Versar's San Antonio, Texas office. Mr. Bailey recently retired from the Federal Government as a Senior Executive with the U.S. Department of Energy (DOE). At the DOE, he was most recently the Director of the Groundwater and Soil Remediation Office. Mr. Bailey also served for two years as Deputy Manager and Chief Operating Officer at the DOE's Waste Isolation Pilot Plant in Carlsbad, New Mexico. Mr. Bailey previously held senior positions at Kelly Air Force Base in San Antonio, Texas, the Defense Reutilization and Marketing Service, the U.S. Environmental Protection Agency and the Texas Department of Water Resources. Mr. Bailey has a Bachelor of Science in Aquatic Biology and Chemistry from Southwest Texas State University and a Master in Management from Webster University. Mr. Bailey and his wife Jeanie will be relocating to San Antonio, Texas. Dr. Ted Prociv, President and CEO of Versar said, "I am delighted that Larry Bailey has joined Versar. With his broad management and government services background, he brings unique skills and experience to head up our program for Versar's largest client, the U.S. Air Force. Under his leadership we expect to further extend the range and depth of our work for our most important client." VERSAR, INC., headquartered in Springfield, VA, is a publicly held infrastructure program management company for the Federal Government and the commercial market specializing in homeland defense, engineering and construction management, environmental health and safety and the management of toxic and hazardous materials. 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 30, 2006. 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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