SOURCE: S3 Investment Company

March 04, 2008 10:28 ET

S3 Investment Company Announces Training for SINO UJE Representatives on Material Technologies, Inc. Products and Services

DANVILLE, CA--(Marketwire - March 4, 2008) - S3 Investment Company, Inc. (PINKSHEETS: SIVC), a holding company with two subsidiaries doing business in the China market, today announced that as part of its representation agreement with Material Technologies, Inc., a California-based engineering, research and development company that specializes in technologies to measure microscopic fractures in metal structures and to monitor metal fatigue, representatives from its SINO UJE subsidiary have been trained on the fundamentals of Material Technologies' patented Electrochemical Fatigue Sensor (EFS) System.

Material Technologies ("MATECH"), a publicly traded company, recently announced that it had been invited to meet with several companies to discuss prospective business opportunities in China, and SINO UJE is acting as its representative in China to assist with introductions to the appropriate individuals and departments within the Chinese government that are charged with the safety and development of the country's infrastructure.

It is expected that the training of SINO UJE representatives and introductions to decision-makers in the Chinese government will develop into a locally based marketing campaign executed by SINO UJE on behalf of the MATECH products and services.

MATECH's patented Electrochemical Fatigue Sensor (EFS) System is a nondestructive crack inspection technology, similar in concept to a medical EKG, which is used to determine if actively growing fatigue cracks are present. MATECH's initial focus in China will be in the field of bridge inspections. However, its technology is applicable to many other market sectors, such as general aerospace, ships, cranes, power plants, nuclear facilities, chemical plants, mining equipment, and "heavy iron."

"We are pleased that our relationship with Material Technologies is moving forward, especially given the importance of its products as China seeks to strengthen its infrastructure and ensure the safety of its bridges and other metal structures," stated Jim Bickel, chairman and chief executive officer of S3 Investment Company. "The training of SINO UJE personnel will help to ensure a successful launch for MATECH in China and we look forward to a long-standing relationship with this company."

About Material Technologies (www.matechcorp.com/index.html)

MATECH is an engineering, research and development company specializing in technologies to measure microscopic fractures and flaws in metal structures and monitor metal fatigue in real time. The company's leading edge metal fatigue detection, measurement and monitoring solutions can accurately test the integrity of metal structures and equipment including bridges, railroads, airplanes, ships, cranes, power plants, mining equipment, piping systems and heavy iron.

MATECH owns the only nondestructive testing technology able to find growing cracks as minute as 0.01 inches -- critical information that allows structural engineers to isolate and repair the more than 100,000 steel bridges in the US which have been classified as structurally deficient or functionally obsolete by the Federal Highway Administration. MATECH has exclusive rights to seven patents along with $8.3 million in already completed contracts from the US Government for research, testing and validation of its innovative solutions.

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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 to achieve reverse merger transactions, 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.

Contact Information

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