Renaissance Capital Growth & Income Fund III, Inc. Announces RENN Investor Conference
17 Abril 2007 - 11:56AM
PR Newswire (US)
DALLAS, April 17 /PRNewswire-FirstCall/ -- Renaissance Capital
Growth & Income Fund III, Inc. (OTC:RENN) will hold its RENN
Investor Conference on Friday, May 18, 2007 at the Hilton Anatole
Hotel, 2201 Stemmons Freeway, Dallas, Texas. The conference will
begin at 8 a.m. with a continental breakfast and will conclude at
12:00 noon followed by a light lunch. The conference will feature
presentations by the management of six unique emerging growth
companies from our portfolio which are iLinc Communications
(AMEX:ILC), Inc., Bovie Medical Corp. (AMEX:BVX), Points
International Ltd. (OTC:PTSEF), Hemobiotech, Inc. (OTC:HMBT),
Information Intellect, Inc. (now part of Shea Development Corp.
(OTC:SDLP)), and Access Plans USA, Inc. (NASDAQ:AUSA). These
companies represent such diverse industries as internet services,
software, and medical. Please RSVP to Kathryn Semon at or
214-891-8295 if you plan to attend by Friday, May 4, 2007. About
Renaissance Capital Growth & Income Fund III, Inc. Renaissance
Capital Growth & Income Fund III, Inc. is a closed-end Business
Development Company concentrating on investing in emerging publicly
owned growth companies, primarily through private placements of
convertible securities. The Fund seeks long-term capital
appreciation and current income by investing in emerging growth
companies. The Fund's current Portfolio consists of investments in
28 businesses in various industries. The Fund has paid its
investors a total of $13.81 per share in cash distributions since
its initial public offering in 1994 at $10.00. To help preserve the
future of the Fund, the Board of Directors on December 31, 2006
declared a deemed dividend of $4.03 per share ($1.41 of which was a
deemed tax paid to the IRS on our shareholders behalf). Forward
Looking Statements The Fund seeks long-term capital appreciation
and current income by investing in emerging growth companies. This
report contains forward-looking statements. Such statements reflect
the current views of the Fund with respect to future events and are
subject to certain risks, uncertainties, and assumptions. Although
the Fund believes that the expectations reflected in such
forward-looking statements are reasonable, should one or more of
these risks or uncertainties materialize, or should underlying
assumptions prove incorrect, actual future results or events may
vary materially from those described herein. Past performance is
not indicative of future results. For additional information,
please visit http://www.rencapital.com/. Investor Contact: Media
Relations Contact: RENN Capital Group, Inc. Chris Rosgen Michelle
Sparks: 214-891-8294 Capital Market Relations (949) 481-9739
DATASOURCE: Renaissance Capital Growth & Income Fund III, Inc.
CONTACT: Investors, Michelle Sparks of RENN Capital Group, Inc.,
+1-214-891-8294, ; or Media, Chris Rosgen of Capital Market
Relations, +1-949-481-9739, for RENN Capital Group, Inc. Web site:
http://www.rencapital.com/
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