SOURCE: S3 Investment Company

June 05, 2007 08:57 ET

S3 Investment Company Announces $8.14 Million Projected Value of Redwood Capital Equity Position in New Reverse Merger Clients

Company Plans Expanded CEO Message in Upcoming Newsletter and Requests Shareholder Input

DANVILLE, CA--(Marketwire - June 5, 2007) - S3 Investment Company, Inc. (PINKSHEETS: SIVC), a holding company with two subsidiaries doing business in the China market, today announced that according to research conducted by Chief Capital, Redwood Capital's financial advisory partner based in China, the aggregate value of equity holdings expected from Redwood Capital's three recently signed Chinese client companies is as high as $8.14 million (US).

Redwood Capital 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.

The three new clients that Redwood Capital has signed are: Dalian Chuming Group Co., LTD www.chuminggroup.com, a major producer and exporter of fresh and frozen pork and other cooked meat products; Shandong Green Paper Co., a leading producer of paper pulp molding products made from 100% natural raw materials that can be recycled and that decompose naturally; and Changzhou HaiJai Metallurgical Machinery Manufacturing Co. Ltd. (CMMC), a leader in metal fabrication.

"Chief Capital, in consultation with Redwood Capital, utilized its considerable experience and expertise to arrive at these calculations, and we are pleased that they recognize the value of these newest clients to Redwood Capital," stated S3 chairman and chief executive officer Jim Bickel. "While the full value of this estimate is certainly not guaranteed, there is no doubt that even the projected numbers serve to validate our enthusiasm over Redwood's business strategy and portend significant potential long-term value for S3 and its shareholders."

Mr. Bickel is also requesting shareholder input on questions that he would like to address in S3's upcoming investor newsletter.

"While we have made significant progress over the past several months and have conducted several interviews discussing S3's business strategy during this period, we also want to continue to address any questions that our shareholders may have," Mr. Bickel said.

Shareholders are asked to submit questions by email to investors@s3investments.com or by telephone to 951-587-8072.

To sign up to receive information by email directly from S3 Investment Company when new press releases, investor newsletters, SEC filings or other information is disclosed, please visit http://www.s3investments.com/investors/.

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 for S3 Investment Company
    A. Beyer
    (951) 587-8072
    Email Contact