Global Solutions for People, Programs & Process
Versar provides exceptional value to any project because of our active process management, effective communication, and advanced quality control methods. Customer satisfaction is our top priority. We understand that every client has unique needs and we tailor our services accordingly. All client deliverables are custom designed to service the specific requirements of each task. We ensure on time and on-budget delivery.
Having a Global footprint is a huge advantage to Versar customers no matter where they work. From the harshest environments to the most dangerous regions, Versar maintains a robust database of experts across all services that is constantly updated and expanded. Versar human resource and database management are vital elements of your success.
September 30, 2016
VERSAR, INC. ANNOUNCES NEW FORBEARANCE AGREEMENT; TAKES NEXT STEPS IN PROCESS TO IMPLEMENT NEW CREDIT FACILITY Versar, Inc. (NYSE MKT: VSR) today announced its next steps towards addressing its long term liquidity needs, as described in the Company?s May 26, 2016 and July 1, 2016 8-K filings with the Securities and Exchange Commission.
September 7, 2016
Versar, Inc. (NYSE MKT: VSR) today announced that it has signed an indicative term sheet with an undisclosed lender for a new credit facility to take effect upon completion of due diligence and negotiation of final deal terms. This new credit facility will replace Versar's existing Loan Agreement with Bank of America, which is currently subject to a forbearance agreement through the end of September 2016.