Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - VERSAR INC | c12421e8vk.htm |
Exhibit 99.1
| FOR IMMEDIATE RELEASE | February 11, 2011 |
Offices
Headquarters
Springfield, VA
Headquarters
Springfield, VA
Inside the U.S.
Sacramento, CA
Denver, CO
Louisville, KY
Baltimore, MD
Columbia, MD
Gaithersburg, MD
Germantown, MD
Charleston, SC
San Antonio, TX
Dugway, UT
Richmond, VA
Tidewater, VA
Sacramento, CA
Denver, CO
Louisville, KY
Baltimore, MD
Columbia, MD
Gaithersburg, MD
Germantown, MD
Charleston, SC
San Antonio, TX
Dugway, UT
Richmond, VA
Tidewater, VA
Outside the U.S.
Kabul, Afghanistan
Milton Keynes, UK
Baghdad, Iraq
Abu Dhabi, UAE
Manila, PH
Kabul, Afghanistan
Milton Keynes, UK
Baghdad, Iraq
Abu Dhabi, UAE
Manila, PH
Versar Announces Management Change
Springfield, Virginia, February 11, 2011 — Versar, Inc (NYSE Amex: VSR) announced that effective
immediately, Lawrence W. Sinnott, Versar’s Chief Financial Officer, Executive Vice President and
Treasurer has resigned from the Company to pursue other opportunities. Versar has initiated a
search for a new CFO and Tony Otten, Versar’s Chief Executive Officer will oversee the Company’s
financial operations until a new CFO is hired. Versar will release its second quarter 2011 Form
10-Q on February 14, 2011 and financial results press release before the market opens on February
15, 2011.
Tony Otten, CEO of Versar, Inc., said “I’d like to thank Larry for his significant contribution to
Versar’s success these past years and wish him well in his future endeavors.”
VERSAR, INC., headquartered in Springfield, VA, is a publicly held global project management
company providing sustainable solutions to government and commercial clients in construction
management, environmental services, munitions response, telecommunications and energy. VERSAR
operates a number of web sites, including the corporate Web sites, www.versar.com,
www.homelanddefense.com, www.geomet.com; www.viap.com; www.dtaps.com; www.adventenv.com, and
www.ppsgb.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 25, 2010, 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.
| Contact: | Michael J. Abram (703) 642-6706 Senior Vice President Email : mabram@versar.com |
For more information, please contact Investor Relations at:
| 6850 Versar Center | Springfield, VA 22151 | 703.750.3000 | Fax: 703.642.6842 | www.versar.com |