Sunday, August 12, 2007

Verso Expects At Least $10 Million in Government-Related Business

Verso Technologies, Inc. (Nasdaq:VRSO), a global provider of next generation network solutions, announced today it expects to provide its next generation communication network equipment to suppliers under two government contracts. The first contract is the Defense Access Transport Services (DATS) contract with the Defense Information Systems Agency, or DISA, formerly known as the Defense Communications Agency. The second contract relates to the Networx project, a $20 billion U.S. General Services Administration (GSA) project. Both projects involve the installation of next generation communication network equipment for military and non-military government agency sites throughout the United States.

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