WHITEHOUSE, N.J., Dec. 11, 2002 (PRIMEZONE) -- Trident Systems International, Inc. (OTCBB:TDSY) launched a new marketing and expansion program this week. This strategy is comprised of both a sector acquisition strategy and a multi-channel marketing campaign.
The primary goal of this strategy is to capture additional market share and build upon the company's 2001 revenues of more than $17 million. Trident CEO Stephen Farkas commented: "We believe that our Company is uniquely situated to take advantage of the fractious PEO market with regard to acquisitions. Similarly, we are well-positioned for organic growth as more and more employers are searching for ways to streamline their businesses in order to save money and yet still offer a wide array of employee benefits to their employees."
About the Company
The Company, through its subsidiary AAMPRO, Inc. ("AAMPRO"), has refocused its business operations as a professional employer organization ("PEO"). AAMPRO provides a broad range of services comprised primarily of employee leasing and human resources management. These services include payroll and benefits administration, health and workers' compensation insurance programs, state and federal labor compliance, tax filings, safety program design and management and other related services to small and medium-sized businesses nationally with a primary concentration in the tri-state (New York/New Jersey/Pennsylvania) region. AAMPRO was organized as a corporation in 1995 and has provided PEO services since inception.
AAMPRO's services are designed to improve the productivity and profitability of small and medium-sized businesses by relieving business owners and key executives of many employer-related administrative and regulatory burdens that enable them to focus on the core competencies of their businesses.
Forward-Looking Statements
This news release contains forward-looking statements about our business, or financial condition and prospects that reflect our assumptions and beliefs based on information currently available. We can give no assurance that the expectations indicated by such forward-looking statements will be realized. There may be other risks and circumstances that we are unable to predict. When used in this news release, words such as "believes," "expects," "intends," "plans," "anticipates," "estimates" and similar expressions are intended to identify forward-looking statements, although there may be certain forward-looking statements not accompanied by such expressions. All forward-looking statements are intended to be covered by the safe harbor created by Section 21E of the Securities Exchange Act of 1934.