Business Services Industry

S3 Investment Company Announces PLAST-CONTROL Order for SINO UJE in China

Business Wire, June 22, 2005

TEMECULA, Calif. -- S3 Investment Company (OTCBB:SEIH) today announced that portfolio investment SINO UJE, Ltd. has received a $150,000 order from Dalian Bingshan Rubber & Plastic Co, LTD for 6 PLAST-CONTROL gravimetric feeders, one automatic control unit, and one air ring.

Dalian Bingshan ordered PLAST-CONTROL's newly developed extrusion control system, which is designed to give the user the possibility to integrate both functions of thickness control and profile control on one computer. PLAST-CONTROL (www.plastcontrol.com), the leading manufacturer of automation systems for the plastics extrusion industry, will be supplying Dalian Bingshan with a System ACS 5300 AS, which includes the 6 gravimetric dosing units, a controlled PRO-CON air ring, and an automatic control unit.

Chris Bickel, chairman and chief executive officer of S3 Investments, commented, "PLAST-CONTROL is an important supplier for SINO UJE's distribution network in China due to the quality of its products and the prominent position they maintain in the plastic extrusion control market. We expect continued interest in PLAST CONTROL's product line and look forward to continued revenue expansion for SINO as additional orders are taken in China."

PLAST-CONTROL, founded in Remscheid, Germany in 1979, has been the innovative supplier of process automation systems and partner for the plastics industry. As a pioneer of new technologies, PLAST-CONTROL creates standards for extrusion automation. From this on-going development process PLAST-CONTROL has created a complete family of products from individual controls to a complete system from its GDC Gravimetric Dosing Controller to its PRO-CON Profile Control system.

About the Company

S3 Investment Company Inc. (http://www.s3investments.com) 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. S3 Investments has subsequently acquired 100% of Redwood Capital to participate in the fast-growing investment banking market in China and 51% of SINO UJE (www.sinouje.com), a non-stocking distributor of medical and industrial high-tech products to markets throughout China. S3 is currently seeking to acquire additional synergistic companies and is focused on assembling a portfolio of investments that will provide value to its shareholders.

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.

COPYRIGHT 2005 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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