TEMECULA, Calif., Nov. 5, 2004 (PRIMEZONE) -- S3 Investment Company (OTCBB:SEIH) today announced that it has scheduled a market conference call for shareholders on Wednesday, November 10, 2004 at 1:00 P.M. Eastern Standard Time. Individuals interested in participating should call 1-800-441-0022 and reference S3 Investment Company.
In the conference call, S3 Investment Company Chief Executive Officer and Chairman Chris Bickel will discuss the recent activities and achievements of the Company since new management was appointed and management's plans to build long-term value in the S3 Investment fund. Mr. Bickel plans to specifically address the expectations for the Company's subsidiaries, including the two-year, $10 million agreement with TSPartner for the distribution of the Securesoft Systems' HIPAA compliance products and services to potentially thousands of healthcare facilities, financial entities, and government institutions across the United States.
Mr. Bickel commented, "The conference call is an ideal avenue through which S3 Investment Company will set forth its business strategy and field any questions shareholders might want to address to the new management of the Company. We realize that there is concern over the value of S3 Investment Company's stock, and we plan to discuss what is being done to address this and other issues in next weeks' conference call."
Investors and others interested in the activities of S3 Investment Company are invited to call the number listed above, listen to the informational portion of the call and participate in the question and answer segment after Mr. Bickel has completed his presentation.
"Open lines of communication are of the utmost importance to the Company at this point in its development, and we pledge to provide a consistent flow of material information to our shareholders. Significant progress has been made in a relatively short period, and we firmly believe S3 Investment will achieve positive cash flow in its subsidiaries, greater value for the investment portfolio, and increased benefit to its shareholders in the short, medium and long terms," 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.