DANVILLE, Calif., March 9, 2011 (GLOBE NEWSWIRE) -- S3 Investment Company, Inc. (Pink Sheets:SIVC) today announced that its wholly owned Redwood Capital subsidiary attended the Rodman & Renshaw Annual China Investment Conference held from March 6-8 at Le Royal Meridien Shanghai in Shanghai, China. Redwood Capital brought one of its recently signed clients to the event, which included a presentation by China Infrastructure Construction Corp., a Redwood client that is now traded on the U.S. Over-the-Counter Bulletin Board market.
The Rodman & Renshaw Annual China Investment Conference was expected to attract 150 presenting companies and over 1,000 attendees, including institutional investors, venture capitalists, sophisticated private investors, industry executives, business development executives, and private equity firms.
A new Redwood Capital client, which operates in the clothing manufacturing industry, was taken to the conference for introductions to funds and institutional clients in anticipation of an Initial Public Offering and a first round of private financing. Redwood Capital reported significant interest in the company's proposed private equity round.
Included in the past Redwood Capital clients that were in attendance and presented at the Rodman & Renshaw event was China Infrastructure Construction Corp., a provider of ready-mix concrete headquartered in Beijing. China Infrastructure Construction Corp. made its presentation on Tuesday, March 8, 2011 at 3:40 p.m. local time.
"Redwood Capital has attended previous Rodman & Renshaw events in China, including last year's conference, which I was able to attend personally," said S3 and Redwood CEO Jim Bickel. "These are very important networking opportunities for both Redwood and our clients, especially as we move forward with IPO and financing efforts for recently signed clients."
To sign up to receive information by email directly from the company whenever new information is disclosed by the company, please visit www.redwoodgroupint.com/investors" target="_top" rel="nofollow">http://www.redwoodgroupint.com/investors. In anticipation of the company's planned name change to Redwood Group International, Inc. the corporate website has been moved to www.redwoodgroupint.com.
About S3 Investment Company, Inc.
S3 Investment Company, Inc. (http://www.redwoodgroupint.com) and its Redwood Group International subsidiary are focused on facilitating the success of its subsidiaries operating in the China market, including Redwood Capital, Inc. Redwood Capital assists private companies in Asia through the process of accessing capital markets through Alternative Public Offerings (APO) transactions. The company has participated in transactions for clients which are now listed on exchanges including the U.S. Over-the-Counter Bulletin Board (OTCBB) and NASDAQ markets and Canada's Toronto Stock Exchange (TSX) and has a pending client transaction on the Australian Stock Exchange. 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.