Redwood Group International (RDWD)

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NEWS --

DANVILLE, CA, Apr 12, 2010 (MARKETWIRE via COMTEX) -- S3 Investment Company,
Inc. (PINK SHEETS: SIVC) today provided a re-cap of a recent trip to China by the
company's Chairman and CEO Jim Bickel, where he met with management of the
company's operating subsidiaries, participated in the signing of a new client
for S3's wholly owned Redwood Capital subsidiary, attended two significant
investment conferences, and explored new opportunities for Redwood Capital in
China as well as in Mongolia, which is considered an exciting potential new
market.

In addition to Mr. Bickel's attendance at the previously announced Rodman &
Renshaw Annual Investment Conference held in Beijing from March 7-9, Mr. Bickel
and Redwood Capital's Chief Operating Officer Charlie Wu attended the 2nd annual
Mongolia-Asian Investment Forum conference on March 25th at the Westin Beijing
Chaoyang.

Mongolia has recently gained attention as a new frontier for foreign private
equity investment, particularly in the areas of natural resources and mining. Mongolia has a $5 billion economy with 8% average annual Gross Domestic Product
growth. As one of the fastest growing markets in the world, its key economic
driver is natural resources. Mongolia is estimated to need up to $30 billion of
investment to develop its natural resources. Canada's Ivanhoe Mines and its
partner, Rio Tinto, one of the largest mining companies in the world, have
recently signed an agreement for the development of a $3 billion copper and gold
mine in Mongolia.

"Redwood Capital's most recently announced client is based in Mongolia, and in
addition to this recent signing, we believe that there may be additional
opportunities for Redwood in Mongolia," said Mr. Bickel. "I was pleased to not
only attend the Mongolia-Asian Investment Forum event in Beijing, but also to
travel to Mongolia and see the country in person."

In addition to signing the new client, Mr. Bickel worked with Redwood Capital
management on the progress of current clients and had the opportunity to meet
with the Chairman of Boyuan Construction Group, a client that Redwood Capital
assisted with its successful effort to become listed on the TSX Venture Exchange
in 2009. Redwood Capital acted as the Chinese merchant banking advisor for
Boyuan Construction Group when it became listed and received shares of Boyuan
common stock as part of the compensation for its services.

Redwood Capital is currently working with clients under contract for similar
listing and financing transactions. Additional China based companies are
currently in the Redwood Capital pipeline and may be placed under contact once
the required preparatory and due diligence work has been completed.

While in China, Mr. Bickel also worked with subsidiary management on a number of
potential new business initiatives for Redwood Capital.

"Our work with Redwood Capital may be expanded to include some additiona l areas
that have opened up in recent months," said Mr. Bickel. "These opportunities may
result in a new division being formed within Redwood Capital, and we look
forward to announcing details on the new division once certain milestones have
been reached.

"Overall this trip would have to be characterized as a success, and I look
forward to additional news regarding Redwood Capital in the coming weeks," Mr.
Bickel added.

The value of the stock payments that Redwood Capital receives from its clients'
transactions is reflected in the company's consolidated financial reports posted
at www.otcmarkets.com.

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/investors/.

About S3 Investment Company, Inc. S3 Investment Company, Inc.
(http://www.s3investments.com) and its Redwood Group International subsidiary
are focused on facilitating the success of two subsidiaries operating in the
China market. Redwood Capital, Inc. assists private Chinese companies in
accessing the North American capital markets by utilizing a network of
investment banking relationships to achieve reverse merger transactions. For
more information, please visit http://www.redwoodcapinc.com. Redwood 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.





Contacts

For S3 Investment Company

Gemini Financial Communications, Inc.

951-200-4107

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SOURCE: S3 Investment Company




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