S3 Investment Company Projects $4.5 Million in 2007 Revenues for SINO UJE Subsidiary
2007年11月13日 - 11:08PM
Marketwired
DANVILLE, CA , a holding company with two subsidiaries doing
business in the China market, today announced that subsidiary SINO
UJE Ltd. is on pace to top $4.5 million in gross revenues for
calendar year 2007, an approximate 12% increase over the 2006
numbers.
SINO UJE (http://www.sinouje.com),a non-stocking distributor of
medical and industrial high-tech products to markets throughout
China, has been granted exclusive distribution rights in China to
medical and industrial products manufactured by leading companies
in Europe, North America and Japan. These products are marketed to
end-users, including major Chinese hospitals and private companies
in a variety of fields, as well as original equipment manufacturers
(OEMs), such as Phillips, Siemens and GE, that package some of the
distributed products with their technologies.
SINO UJE recently opened a new Beijing office to provide support
to the continuing growth of its operations in conjunction with the
company's existing offices in Shanghai and Guangzhou.
"The financial performance of our SINO UJE continues to be
strong, with double digit revenue growth projected for the year,"
stated Jim Bickel, chairman and chief executive officer of S3
Investment Company. "With the expansion of the company's
capabilities through its new Beijing office, SINO will continue to
seek out new suppliers for its China distribution network. The draw
of SINO UJE's distribution expertise coupled with the largest
potential consumer market in the world provides almost limitless
upside potential for this subsidiary in China. We look forward to
keeping S3 shareholders informed as SINO UJE continues to
successfully grow."
To sign up to receive information by email directly from S3
Investment Company when new press releases, investor newsletters,
SEC filings or other information is disclosed, please visit
http://www.s3investments.com/investors/.
About S3 Investment Company
S3 Investment Company, Inc. (http://www.s3investments.com) is a
holding company with two subsidiaries doing business in the China
market. 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 to achieve reverse merger
transactions, 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, Inc. A. Beyer (951)
677-8073 Email Contact