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Letter from
the President _ 2005
2005 was a good year for
TRIDENT. The high price of oil and gas has resulted in an economic
boom for the oil and gas industries resulting in spending for
new projects as well as upgrades and expansion of existing plants.
Additionally, TRIDENT's excellent reputation for providing IT
Services resulted in several major long-term contracts.
The AUTODYNAMICSTM Simulation Division completed several large simulator contracts in the Middle East; one at a major refinery expansion and another for a first-time Gas-to-Liquids project. Additionally, TRIDENT completed a large fertilizer contract in the Far East with our partner in Milan, Italy, APCTech S.p.A. AUTODYNAMICSTM completed the migration of our simulator technology to Microsoft Windows architecture utilizing Microsoft's Developer Studio as the basis of our software architecture. TRIDENT also added a sales office in Bangkok, Thailand to support the growing market in the Far East. TRIDENT's Services Division continued to expand in 2005. A regional office was established in Northern Virginia to place an emphasis on the federal government market as well as to continue the expansion in the Mid-Atlantic States. This effort has led to a number of contracts with several government agencies. Another sales office was opened in Houston to support both divisions in the Gulf Coast. 2006 should be a strong year for TRIDENT as we continue to focus on client satisfaction and creative solutions to our customers' problems.
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