CARLSBAD, Calif., Sept. 30, 2004 (PRIMEZONE) -- S3I Holdings, Inc. (OTCBB:SEIH) today invited all shareholders and other parties interested in the company to subscribe to the company's Email Alert System, which was developed to disseminate press releases, links to new SEC filings, newsletters and any other written material as soon as they are made public. To sign up for the Email Alert System, please visit www.s3i.us/ealert.asp.
Chris Bickel, Interim Chief Executive Officer of S3I Holdings, commented, "As part of our effort to improve communication between the company and its investors, we ask that anyone interested in receiving information directly from the company subscribe to our Email Alert System. While this was a tool originally developed under former management, and many shareholders are already included in the system, it is apparent that very little information was actually sent out as it was disclosed to the public. It is our intention to utilize the alert system to its full potential as we move forward to build a strong portfolio of revenue-generating investments. We anticipate a time in the future when each subsidiary in our portfolio would have substantial information to release to the public on a weekly basis, at minimum, and the Email Alert System is an effective method through which the information can be disseminated.
"Management has also directed staff to regularly update the website, www.s3i.us, to include new information on a regular basis, and we expect to focus particular attention on news related to the financial performance of the investment fund," added Mr. Bickel.
Company Profile
S3I Holdings, Inc. (www.s3i.us) is a Business Development Company regulated by the Investment Company Act of 1940. The company acquired its first subsidiary, Securesoft Systems (www.securesoftsystems.com), a leader in compliance and risk management software, services and Internet technologies for regulated industries, in April 2003. S3I Holdings is currently seeking to acquire additional synergistic companies and is focused on assembling a portfolio of investments that will provide value to its shareholders.
Safe Harbor Statement
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.