DANVILLE, Calif., Jan. 25, 2011 (GLOBE NEWSWIRE) -- S3 Investment Company, Inc. (Pink Sheets:SIVC) today announced that its wholly owned Redwood Capital subsidiary has signed a new client, which operates in the clothing manufacturing industry. The signing, which occurred during CEO Jim Bickel's trip to Asia, comes on the heels of another Redwood Capital client, Mongolian Resource Corporation, entering into a conditional agreement to be acquired by Alamar Resources Limited, which is traded on the Australian Stock Exchange.
During his trip, Mr. Bickel is participating in the evaluation of 3-4 additional potential new clients, and another new client signing is possible in the near term. Redwood Capital, which has been engaged as the Asian merchant banking financial advisor for MRC, assists private Asian companies through the process of accessing capital markets through Alternative Public Offerings (APO) transactions. The company has participated in transactions for clients which are now listed on exchanges including the U.S. Over-the-Counter Bulletin Board (OTCBB) market and Canada's Toronto Stock Exchange (TSX).
"The Redwood Capital management and staff have done an excellent job identifying numerous potential clients, and we are pleased to have signed this new contract," said Mr. Bickel. "With the contract signed, Redwood has moved to the capital raising stage, and we expect very positive results from these efforts."
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About S3 Investment Company, Inc.
S3 Investment Company, Inc. ( http://www.redwoodgroupint.com ) and its Redwood Group International subsidiary are focused on facilitating the success of its subsidiaries operating in the China market, including Redwood Capital, Inc. Redwood Capital assists private companies in Asia through the process of accessing capital markets through Alternative Public Offerings (APO) transactions. The company has participated in transactions for clients which are now listed on exchanges including the U.S. Over-the-Counter Bulletin Board (OTCBB) market and Canada's Toronto Stock Exchange (TSX) and has a pending client transaction on the Australian Stock Exchange. For more information, please visit http://www.redwoodcapinc.com. Redwood Group International Medical, Inc. assists companies seeking to import and distribute Western medical technologies and products into the China market.
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: S3 Investment Company Investor Relations investors@redwoodgroupint.com