Versar, Inc. (NYSE Amex: VSR) announced today the award of two biological sciences support contracts from the Maryland Department of Natural Resources. The first is a $5 million, five-year contract to provide biological sciences support to the Department’s Power Plant Research Program for assessment of the impacts of existing and proposed power generating and transmission facilities on water and land ecosystems throughout the State of Maryland. The second is a $1 million, five-year contract from the Department’s Tidewater Ecosystem Assessment division for long-term monitoring of benthic organisms, those that live in the sediments on the bottom of the Chesapeake Bay.
"We look forward to having Versar, Inc. continue to provide the expert biological monitoring and assessment support required to help determine the environmental impacts of power generating facilities and transmission lines in Maryland and assess the biological health of Maryland's most treasured resource, the Chesapeake Bay, especially as we accelerate our Bay restoration efforts," said Bruce Michael, Director of DNR's Resource Assessment Service.
Tony Otten, CEO of Versar, said, "We are pleased the State of Maryland has chosen Versar to assist them with their nationally recognized Power Plant Research Program and Long-Term Benthic Monitoring Program. Versar has provided biological sciences support to both programs for over 30 years and we look forward to continuing to provide quality scientific services to help the State and the Chesapeake Bay meet their environmental challenges."
, 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.
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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 26, 2009. The forward-looking statements are made as of the date hereof and Versar does not undertake to update its forward-looking statements.