Versar : Announces Removal of Common Stock from NYSE No Later than November 17, 2017; Company's Common Stock Continues to Trade under Symbol, VSRI, on OTC Pink Marketplace

NEWS RELEASE

FOR IMMEDIATE RELEASE November 8, 2017

Offices Headquarters Springfield, VA

Inside the U.S.

Aiea, HI Atlanta, GA Chandler, AZ Charleston, SC Columbia, MD Denver, CO Dulles, VA

El Paso, TX Germantown, MD Newport News, VA Oceanside, CA Richardson, TX San Antonio, TX South Easton, MA

Outside the U.S. Abu Dhabi, UAE Baghdad, Iraq Clark, Philippines Kabul, Afghanistan VERSAR, INC. ANNOUNCES REMOVAL OF COMMON STOCK FROM NYSE NO LATER THAN NOVEMBER 17, 2017; COMPANY'S COMMON STOCK CONTINUES TO TRADE UNDER SYMBOL, VSRI, ON OTC PINK MARKETPLACE Springfield, VA - November 8, 2017 - Versar, Inc. (OTC PINK: VSRI) announced that the New York Stock Exchange (the "Exchange" or NYSE) notified the Securities and Exchange Commission (SEC), by filing a Form 25, of its intention to remove the entire class of common stock of Versar, Inc. from listing and registration on the Exchange on November 17, 2017. The Exchange filed the Form 25 pursuant to the provisions of Rule 12d2-2(b) of the SEC because, in the opinion of the Exchange, the common stock is no longer suitable for continued listing and trading on the Exchange. The Exchange gave Versar the minimum notice required by Form 25 of 10 days.

Versar's common stock continues to be traded under the symbol, VSRI, on the OTC Pink marketplace.

The Exchange disclosed that it reached its decision pursuant to Section 1009 of the NYSE American Company Guide, which applies when a company cannot demonstrate an ability to return to compliance within 18 months of notice from the Exchange of non-compliance with one of the Exchange's continued listing rules. Specifically, Versar was below compliance with the $2 million stockholders' equity required under Section 1003(a)(i).

On September 27, 2017 Versar issued a press release regarding a September 25, 2017 letter from the Exchange stating that the NYSE had determined to commence proceedings to delist the common stock of Versar from the NYSE. The NYSE suspended trading before the market opened on September 25, 2017 as a result of the Company's announcement that it entered into an Agreement and Plan of Merger with Kingswood Genesis Fund I, LLC. Versar filed a written request for appeal of the Exchange's decision to delist on September 26, 2017. On November 3, 2017, Versar withdrew its intent to appeal the delisting determination due to the anticipated successful Tender Offer made by Kingswood Genesis Fund I, LLC. By withdrawing the intent to appeal, the Exchange was able to file Form 25, having satisfied the conditions of Rule 12d2-2(b).

VERSAR, INC., headquartered in Springfield, Virginia, is a publicly-traded global project management company providing sustainable value oriented solutions to government and commercial clients in the construction management, environmental services, and professional services market areas. VERSAR operates the following website: www.versar.com.

For more information, please contact Investor Relations at:

6850 Versar Center, Suite 201 Springfield, VA 22151 703.642.6706 [e-mail] www.versar.com

Find out more about VERSAR at

https://twitter.com/VersarInc https://www.facebook.com/VersarInc http://www.linkedin.com/company/38251

This news 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 fiscal year ended June 30, 2017, 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: Investor Relations Robert Ferri

[phone] Robert Ferri Partners

Versar, Inc. [phone]

[e-mail] [e-mail]