S3 Investment Company Announces First Order for SINO UJE From New Equipment Supplier
Market Wire, February, 2006
Investment Company, Inc. (OTC BB: SEIH) today announced that portfolio investment SINO UJE has received its first order for equipment from a new European equipment supplier, Weima GmbH, a worldwide leader in shredding technology and briquetting solutions.
The first order, which was placed in December 2005, is for a granulator that is expected to be delivered in April 2006. Weima, headquartered in Ilsfeld, Germany, has developed a wide range of high performance plastic, wood and substitute fuel shredders as well as briquette press machines that cover the needs of a broad market. With over 20 years experience, Weima has over 15,000 machines installed worldwide and office locations in Germany, England, France, and the United States.
"We are pleased to add yet another world leader to the SINO UJE supplier network and especially happy to have received the first order for a Weima product so quickly," said Jim Bickel, S3 Investment Company's chief executive officer. "China is clearly an enormous market for western equipment manufacturers, and we expect that Weima's products will be well-represented by SINO UJE as it introduces this new supplier into its distribution network.
"Each new supplier that SINO UJE represents adds to its catalogue of products, broadening its appeal as a major distributor in the China market. Even more significant is that the larger the number of products that SINO UJE represents, the greater the company's revenue potential becomes," added Mr. Bickel.
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About The Company
S3 Investment Company Inc. (http://www.s3investments.com) is a Business Development Company regulated by the Investment Company Act of 1940. S3's investment portfolio is currently comprised of two private companies. S3 holds a 100% equity interest in Redwood Capital (http://www.redwoodcapinc.com), which assists private Chinese companies in accessing U.S. capital markets by utilizing a network of investment banking relationships, and a 51% equity interest in SINO UJE (http://www.sinouje.com), a non-stocking distributor of medical and industrial high-tech products to markets throughout China.
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: Gemini Financial Communications for S3 Investment Co. A. Beyer 951-587-8072 Email Contact
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