TEMECULA, Calif., April 27, 2004 (PRIMEZONE) -- Nicholas Investment Company, Inc. (Pink Sheets:NIVM) today announced that it has released the latest issue of its investor newsletter, in which President Steven R. Peacock discusses the Company's recent 10-K year-end filing and specifically how Nicholas will be evaluating its assets in future financial reports. A PDF version of the newsletter is available to view and download on the Nicholas website at http://www.nicholasinvestments.com/newsletters.php
Mr. Peacock also commented, "The release of this newsletter as an informational tool has taken on greater importance as Nicholas receives a growing amount of attention from investors interested in companies doing business in China. While we have made it clear that our recent 10-K filing is primarily historical in nature, it is still an important indicator of the improvements we hope to see with each subsequent financial report."
About Nicholas Investment Company
Nicholas Investment Company, Inc. is a closed-end fund whose core focus is to seek out strategic investments in a number of growth industries. The company has acquired 100% of Javelin Holdings, Inc. (www.javelinholdings.com), a small business consulting firm, and 95% of SINO UJE (www.sinouje.com), a non-stocking distributor that sells and services western-manufactured high-tech products to markets throughout China. For more information on the Company and its Fund Portfolio or to sign up for the Company's mailing list, please visit, www.nicholasinvestments.com
All statements included in this release, including statements regarding potential future plans and objectives of Nicholas Investment Company, Inc. are forward-looking statements. Such statements are necessarily subject to risks and uncertainties, some of which are significant in scope and nature beyond Nicholas Investment Company, Inc.'s control. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Actual results may differ materially depending on many factors. Nicholas Investment Company, Inc cautions that historical results are not necessarily indicative of the future performance.