S3 Investment Company Announces Work With Additional Redwood Capital Clients in China

* Reuters is not responsible for the content in this press release.

Tue Mar 24, 2009 9:38am EDT

  DANVILLE, CA, Mar 24 (MARKET WIRE) -- 
S3 Investment Company, Inc. (PINKSHEETS: SIVC) and its wholly owned
Redwood Capital subsidiary today announced that in addition to its
ongoing advisory work with Boyuan Construction Group, Inc., which
recently began trading on the TSX Venture Exchange, Redwood Capital
continues to assist additional client companies in China with acquisition
transactions that are expected to result in their entry into the North
American capital markets.

    Redwood Capital's current clients conduct business in a variety of
industries, including construction, building supplies, health care, and
education.

    "Redwood Capital is in various stages with each of its active clients, and
we look forward to advancing the progress of our next expected entry into
the North American capital markets until another closed transaction is
achieved," commented Jim Bickel, CEO of S3 Investments, Inc. "Each
successfully closed transaction results in additional asset value for the
company, with the value of the stock received becoming an asset on the
books of S3's wholly owned subsidiary."

    Boyuan Construction Group, Inc., a leading builder of commercial,
residential and municipal infrastructure projects in China's fast-growing
regions of the Yangtze River Delta and the city of Sanya on Hainan Island,
recently completed the CDN$48.75 million acquisition of SND Energy Ltd.
through a reverse-takeover transaction. Boyuan Construction is now traded
on the TSX Venture Exchange under the symbol BOY. Redwood Capital acted as
Chinese merchant banking advisor to Boyuan Construction for this
transaction and received 330,219 Acquisition Common Shares in
consideration for its services.

    About S3 Investment Company, Inc.

    S3 Investment Company, Inc. (http://www.s3investments.com) and its wholly
owned Redwood Capital subsidiary are focused on assisting 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.

    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:
For S3 Investment Company
Gemini Financial Communications, Inc.
A. Beyer
(951) 677-8073
Email Contact

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