SOURCE: S3 Investment Company

May 30, 2007 09:17 ET

S3 Investment Company Announces Agreement With Hunter Wise Financial Group, LLC

DANVILLE, CA--(Marketwire - May 30, 2007) - S3 Investment Company, Inc. (PINKSHEETS: SIVC), a holding company with two subsidiaries doing business in the China market, today announced an agreement with Hunter Wise Financial Group, LLC of Irvine, California, for Hunter Wise to assist with raising bridge capital for S3 to apply to its Redwood Capital and SINO UJE subsidiaries.

Hunter Wise Financial Group, LLC and/or its wholly owned NASD registered Broker/Dealer, Hunter Wise Securities, LLC, will provide services in the areas of corporate development and financing.

Through its agreement with Hunter Wise, S3 is expected to secure bridge capital for the reverse merger transactions undertaken by Redwood Capital. Redwood Capital, which assists private Chinese companies in accessing the U.S. capital markets by utilizing a network of investment banking relationships to achieve reverse mergers into U.S. public "shell" companies, has recently signed three new clients. Hunter Wise is also assisting in the identification of suitable, clean shells to use for the reverse merger transactions.

Additional financing will be utilized for the launch of new product lines for S3's SINO UJE subsidiary, including the products of Abaxis, a publicly traded company that develops, manufactures and markets portable blood analysis systems for use in patient-care setting to provide clinicians with rapid blood constituent measurements. SINO UJE has entered into an agreement with Abaxis to assist with achieving S.F.D.A approval and to distribute its products in China.

"This agreement with Hunter Wise is expected to result in access to critical capital that will help to facilitate an increased number of reverse merger transactions for Redwood Capital clients and strengthen the launch of the Abaxis product line in China," stated S3 chairman and chief executive officer Jim Bickel. "As with many businesses, Redwood Capital and SINO UJE can grow more effectively if they do not have to tie up operating capital to support expansion efforts, so accessing bridge capital for the growth of our subsidiary operations is seen as an important element in delivering return to S3 shareholders."

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About Hunter Wise

Headquartered in Irvine, California, Hunter Wise Securities is a NASD Broker/Dealer and SIPC Member Firm, which is wholly owned by Hunter Wise Financial Group, LLC. Hunter Wise Financial Group provides mid-market investment banking services from 10 offices in North America and the United Kingdom.

About S3 Investment Company

S3 Investment Company, Inc. (http://www.s3investments.com) is a holding company with two subsidiaries doing business in the China market. S3 holds a 100% equity interest in Redwood Capital (http://www.redwoodcapinc.com), which assists private Chinese companies in accessing U.S. capital markets by utilizing a network of investment banking relationships, and a 51% equity interest in SINO UJE (http://www.sinouje.com), a non-stocking distributor of medical and industrial high-tech products to markets throughout China. SINO UJE has been granted exclusive distribution rights in China to medical and industrial products manufactured by leading companies in Europe, North America and Japan. These products are marketed to end-users, including major Chinese hospitals and private companies in a variety of fields, as well as original equipment manufacturers (OEMs), such as Phillips, Siemens and GE, that package the products with their technologies.

Any statements contained herein related to future events are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on forward-looking statements. S3 Investment Company, Inc. undertakes no obligation to update any such statements to reflect actual events.

Contact Information

  • Contact:
    Gemini Financial Communications
    A. Beyer
    (951) 587-8072
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