TEMECULA, Calif.,, Oct. 26, 2004 (PRIMEZONE) -- S3 Investment Company (OTCBB:SEIHE) today announced that the Company has filed its 10K Annual Report with year-end financial statements and is now current on its reporting requirements with the Securities and Exchange Commission. With its financial reporting now up-to-date, the Company expects that the "E" will be removed from its stock symbol within a number of days, and S3 Investment Company's stock will again trade under the symbol SEIH.
Chris Bickel, Chief Executive Officer, commented, "We are pleased to have this report filed and are committed to keeping S3 Investment Company current on its SEC reporting and completing all filings in a timely fashion from this point forward.
"While this Annual Report is primarily historical in nature, covering reporting periods that ended prior to the appointment of current management, it was critical that we completed this filing and have our stock symbol restored. We look forward to continuing our ongoing effort to improve the Company's financial performance and build value in its investment portfolio," added Mr. Bickel.
Company Profile
S3 Investment Company, Inc. (http://www.s3i.us) 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 and is a leader in compliance and risk management software, services and Internet technologies for regulated industries. 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.
This release contains forward-looking statements which involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated. Such statements are based on currently available information which management has assessed but which is dynamic and subject to rapid change due to risks and uncertainties that affect our business, including, but not limited to, the impact of competitive products and pricing, limited visibility into future product demand, regulatory interpretation, and other risks detailed from time to time in the company's filings with the Securities and Exchange Commission.