Trico Marine Services Appoints VP of International Operations
Mr. Gray has been in the marine industry for over 33 yearsserving invarious managerial with an emphasis on international operationsforU.S.-based companies, including two of the largest OSV companies.Mr. Grayhas been responsible for operations in, among other areas,Africa,Southeast Asia, the Middle East and Norway. In each of thoseroles, hiscore strength has been in international maritime operationsfor a U.S.company. He will be based out of the Company's Aberdeenoffice and isresponsible for operations in the North Sea and West Africa.
"We are delighted to welcome Gerry to the Trico managementteam," commentedTrico's Chief Executive Officer, Joseph S. Compofelice."His experience inmanaging international operations will greatly benefit Tricoas we continueto implement our strategic plan in these specific growthmarkets. We areconfident that he will make a positive impact improvingthe operatingefficiency in this area which accounts for over 60% of Trico'srevenuestream."
About Trico
Trico provides a broad range of marine support servicesto the oil and gasindustry, primarily in the North Sea, Gulf of Mexico, WestAfrica andSoutheast Asia (through its joint venture). The servicesprovided by theCompany's diversified fleet of vessels include the transportationofdrilling materials, supplies and crews to drilling rigsand other offshorefacilities; towing drilling rigs and equipment from onelocation toanother; and support for the construction, installation,repair andmaintenance of offshore facilities. Trico is headquarteredin Houston,Texas.
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Certain statements in this press release that are not historicalfact maybe "forward-looking statements." Actual events may differmaterially fromthose projected in any forward-looking statement. Thereare a number ofimportant factors involving risks and uncertainties beyondthe control ofthe Company that could cause actual events to differ materiallyfrom thoseexpressed or implied by suchforward-looking statements. A description of risks and uncertaintiesrelating to Trico Marine Services, Inc. and its industryand other factors,which could affect the Company's results of operations orfinancialcondition, are included in the Company's Securities andExchange Commissionfilings. Trico undertakes no obligation to publicly updateor revise anyforward-looking statements to reflect events or circumstancesthat mayarise after the date of this press release.
