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Monday, 07/19/2004 1:13:54 PM

Monday, July 19, 2004 1:13:54 PM

Post# of 72830
SEIH S3I Holdings Inc. Completes Software Platform Installations for H
waiian Health Care Company
S3I Holdings Inc. Completes Software Platform Installations for Hawaiian Health
are Company


High-Tech Writers / Business Editors

TEMECULA, Calif.--(BUSINESS WIRE)--SEIH--
S3I Holdings Inc. (OTCBB:SEIH) today announced that
Securesoft Systems, the company's subsidiary, has completed the
installation of its Immunity compliance product for a major health
care company with a number of facilities in Hawaii. The installation
included an assessment with a review of current privacy practices,
policies and procedures, as well as a full security evaluation of the
client's network as it relates to Health Insurance Portability and
Accountability Act (HIPAA) mandates.
"We are extremely pleased to announce the installation of our
Immunity product for this customer, and as Securesoft Systems moves
forward with ongoing product development, we anticipate additional
sales of compliance software products to medical facilities and other
entities subject to compliance mandates. Greater sales are expected to
increase the value of the S3I Holding portfolio, providing greater
value to the company's shareholders," commented Wayne Yamamoto, CEO of
S3I Holdings Inc.
The trademarked Immunity compliance product is currently in use in
a number of hospitals, clinics and other medical facilities across the
United States. S3I Holding recently announced the release of a
full-featured Alpha version of Securesoft Systems' Immunity 2.0
product, which offers a number of groundbreaking technologies in
compliance management. The Alpha version of Securesoft System's
proprietary software is designed to handle not only HIPAA compliance,
but several additional compliance mandates including the Occupational
Safety Hazard Association (OSHA), the Joint Commission on
Accreditation of Healthcare Organizations (JCAHO), the
Gramm-Leach-Bliley Act and the Sarbanes-Oxley Act, among others.
Immunity 2.0 also includes enhancements to reporting and simplifying
the process flow and provides its clients with the ability to assess
and monitor security and privacy policies, procedures and operations
in order to manage compliance.

Company Profile

S3I Holdings Inc. (http://www.s3i.us) is a Business Development
Company regulated by the Investment Company Act of 1940. Its first
operating subsidiary, Securesoft Systems Inc.
(http://www.securesoftsystems.com) was acquired in April 2003 and is a
leader in compliance and risk management software, services and
Internet technologies for regulated industries. S3I Holdings is
currently seeking to acquire additional synergistic companies and is
focused on assembling a portfolio of investments that will provide
value to its shareholders.

This release contains forward-looking statements which involve a
number of risks and uncertainties, which could cause actual results or
events to differ materially from those presently anticipated. Such
statements are based on currently available information which
management has assessed but which is dynamic and subject to rapid
change due to risks and uncertainties that affect our business,
including, but not limited to, the impact of competitive products and
pricing, limited visibility into future product demand, regulatory
interpretation, and other risks detailed from time to time in the
company's filings with the Securities and Exchange Commission.



KEYWORD: HAWAII CALIFORNIA
INDUSTRY KEYWORD: MEDICAL SOFTWARE PRODUCT
SOURCE: S3I Holdings Inc.


CONTACT INFORMATION:
S3I Holdings Inc.
Andrew Beyer (Investors), 909-587-8072
investors@s3i.us

*** end of story ***

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