Versar, Inc. Awarded $200K to Provide Construction Quality Assurance Training in Iraq.SPRINGFIELD, Va. -- VERSAR, Inc. (Amex:VSR VSR Very Short Reach (Ciena/Cisco design for high speed, 10Gbps data) VSR Variable Speed Reversible VSR Very Short Reach (optical interconnection; Sprint) VSR Volume Search Radar ) announced today it was awarded a $200,000 contract by the U.S Army Corps of Engineers Gulf Region Division to provide Construction Quality Assurance Training in Iraq to an audience of American, Third Country National, and Iraqi engineers that oversee construction projects throughout the country. This training will be performed in Iraq by Versar's growing international subsidiary, VIAP, Inc. and will add to the U.S Government's focus and commitment to improving the quality of construction and developing the national capacity of the Iraqi engineering and construction management professions. Dr. Ted Prociv, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Versar, said, "Versar is proud of our continuing partnership with the U.S. government, and the offering of targeted training programs to assist emerging governments with their reconstruction and capacity development process. This reflects the Company's superb reputation for Construction Management and Professional Services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. ." 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, www.viap.org, http://www.homelanddefense.com, and http://www.geomet.com; and a B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business 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 Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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 Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 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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