Redwood Group International (RDWD)

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Press Release Source: S3 Investment Company

S3 Investment Company Announces Plan to File for Reinstatement to the OTCBB
Tuesday December 12, 9:22 am ET

TEMECULA, CA--(MARKET WIRE)--Dec 12, 2006 -- S3 Investment Company, Inc.(Other OTC:SEIH.PK - News), a holding company with two subsidiaries doing business in the China market, today announced its intention to pursue a re-listing of its stock on the Over-the-Counter Bulletin Board (OTCBB) by filing a 15c2-11 exemption with the National Association of Securities Dealers (NASD). The filing will be made by one of the company's market makers. An exemption is available to market makers when they are moving from another quotation medium into the OTCBB.
"As we consider a variety of potential strategies to upgrade S3's position as a public company and further develop its subsidiary businesses operating in the China market, management believes that pursuing a reinstatement to the OTCBB would be in the company's best interests at this time," stated Jim Bickel, chief executive officer of S3 Investment Company.

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/ealert.php.

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:
Contact:
Gemini Financial Communications
Andrew Beyer
[phone]
Email Contact



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Source: S3 Investment Company


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