SOURCE: S3 Investment Company

May 24, 2007 09:34 ET

S3 Investment Company Announces Agreement for Legal Counsel for New Redwood Capital Reverse Merger Client

DANVILLE, CA -- (MARKET WIRE) -- May 24, 2007 -- S3 Investment Company, Inc. (PINKSHEETS: SIVC), a holding company with two subsidiaries doing business in the China market, today announced that Dalian Chuming Group Co., LTD, a new reverse merger client of its Redwood Capital subsidiary, has signed an agreement with Global Law Office, to serve as legal counsel and provide critical legal services through the reverse merger process.

Redwood Capital provides an array of services to private Chinese companies and utilizes its extensive network of critical business relationships, including investment banking, legal, and accounting, to facilitate the client's listing on a U.S. public market. Redwood Capital relies on a highly experienced investment and corporate management team focused on the emerging presence of Chinese corporations in the global capital markets.

Global Law Office,, is a major law firm in China that provides extensive, high-quality legal services to clients at in China and abroad. Founded in 1984 under the auspices of the China Council for the Promotion of International Trade, Global Law Office was one of the first law firms established following the China's implementation of reform and opening to the outside world. Global Law Office was converted into a private partnership in early 2001.

Since its inception, Global Law Office has been ranked as one of the top law firms in China by international legal publications such as Legal 500, Asian Legal Business, and Asia Law & Practice. The firm specializes in many areas, including international banking and finance, project finance, corporate and commercial, foreign direct investment, corporate finance, aircraft and vessel finance, international arbitration, antidumping, asset securitization, structured finance, maritime and shipping, and litigation.

Another of Redwood Capital's reverse merger clients recently signed with Global Law Office to perform similar legal services as part of the process of merging into a U.S. public "shell" company. Redwood Capital has announced three new reverse merger clients within the last 60 days.

Dalian Chuming Group Co., LTD, is a major producer and exporter of fresh and frozen pork and other cooked meat products. The Chuming Group is among a select group of industrialized farming corporations in northeastern China and is known for its international quality management standards and international safety certifications. In late 2006, the company officially opened a $2.9 million feedmill with a capacity of 200,000 tons per year that will support its expansion of pork production. The pursuit of a U.S. public listing is expected to allow the Chuming Group to expand into additional worldwide markets.

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About S3 Investment Company

S3 Investment Company, Inc. ( is a holding company with two subsidiaries doing business in the China market. S3 holds a 100% equity interest in Redwood Capital (, 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 (, 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

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    Gemini Financial Communications for S3 Investment Company
    A. Beyer
    (951) 587-8072
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