SOURCE: S3 Investment Company, Inc.

August 29, 2006 09:15 ET

S3 Investment Company Announces Product Manager for Stomocur Brand Medical Devices in China Market

TEMECULA, CA -- (MARKET WIRE) -- August 29, 2006 -- S3 Investment Company, Inc. (OTCBB: SEIH), a holding company with two subsidiaries doing business in the China market, today announced that subsidiary SINO UJE, Ltd. has appointed a product manager for the Stomocur brand colostomy products of new supplier For Life GmbH.

Daniel Ding, who was educated at the Shanxi Medical University in Taiyuan, China, will act as product manager for the foreseeable future and will be responsible for moving the marketing and distribution of the Stomocur line forward. Mr. Ding has extensive experience in the medical field, leading sales teams for several Guangzhou and Beijing-based companies, including SINO UJE.

SINO UJE was recently awarded exclusive distribution rights in China to the Stomocur two-piece system colostomy system, which has already received State Food and Drug Administration (SFDA) approval and is permitted to be sold on the Chinese market. SINO UJE is undertaking a comprehensive marketing program to expand awareness and grow sales for the Stomocur product line in the China market.

"We are pleased that Mr. Ding has assumed this leadership role on behalf of the Stomocur products to help ensure the most successful distribution possible for this line in China," commented S3 chief executive officer Jim Bickel. "We expect For Life's Stomocur brand to be enormously successful and become a significant revenue producer for SINO UJE."

For Life manufactures high quality medical devices that are reliable and provide support to their users "for life." Founded in 1990, its product lines have been growing in popularity both in Germany and around the world.

About For Life of Berlin

Headquartered in Berlin, Germany, For Life has been developing and producing high-quality stoma products since 1990. The company has recently expanded its capacity through the addition of the latest technology in a specially constructed new factory. With this, and with the help of its motivated staff and management, For Life is able to satisfy the increasingly diverse requirements of a growing customer base.

About S3 Investment Company

S3 Investment Company, Inc. (http://www.s3investments.com) is an 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.

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.

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