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Tuesday, 06/15/2010 10:36:00 AM

Tuesday, June 15, 2010 10:36:00 AM

Post# of 30568
NEWS --

DANVILLE, Calif., Jun 15, 2010 (GlobeNewswire via COMTEX) -- S3Investment
Company, Inc. (Pink Sheets:SIVC) and its wholly owned Redwood Capital subsidiary
today commented on the recent graduation of Redwood Capital client Boyuan
Construction Group, Inc. from the TSX Venture Exchange to the Toronto Stock
Exchange (TSX). Boyuan's common shares and debentures now trade on the TSX under
the symbols BOY and BOY.DB, respectively. The graduation became effective at the
market open on June 14, and as a result, Boyuan's common shares and debentures
no longer trade on the TSX Venture Exchange.

Redwood Capital, which assists private Chinese companies in accessing the North
American capital markets by achieving reverse merger and financing transactions,
acted as the Chinese merchant banking advisor for Boyuan Construction Group when
it became listed on Canada's TSX Venture Exchange. As part of its compensation
for its services, Redwood Capital received shares of Boyuan common stock.

On April 15, 2010, Boyuan Construction announced that it had received
conditional approval to graduate from the TSX Venture Exchange and to list its
common shares and debentures on the Toronto Stock Exchange. Boyuan Construction
is a fast-growing construction company in China of commercial, residential and
municipal infrastructure projects. More information on the company can be found
at www.boyuangroup.com or follow Boyuan on Twitter at
www.twitter.com/boyuangroup

"The move to the TSX Exchange is an important milestone for Boyuan Construction
Group and can be shown as an example of further success by a Redwood Capital
client," said S3 Investment Company Chairman and CEO Jim Bickel. "Graduating to
a higher exchange often allows companies greater access to capital and increased
visibility in the public markets, and we congratulate Boyuan Construction on
this move. Since the value of S3 is impacted by the stock holdings on its
consolidated balance sheet, we believe that such a milestone is worth noting for
our shareholders as well."

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.redwo odcapinc.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.

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: S3 Investment Company, Inc.


By Staff

CONTACT: CONTACT: S3 Investment Company

Investor Relations

; 888-528-0883

investors@s3investments.com




(C) Copyright 2010 GlobeNewswire, Inc. All rights reserved.

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INDUSTRY KEYWORD: Business Services

SUBJECT CODE: BANKING

CONSTRUCTION

Product Services Announcement