Announces RENN Investor Conference
Renaissance Capital Group
Dallas, April 17, 2007 -- Renaissance Capital Growth & Income Fund III, Inc. (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 Inc., Bovie Medical Corp., Points International Ltd., Hemobiotech, Inc., Information Intellect, Inc. These companies represent such diverse industries as internet services, software, and medical.
Please RSVP to Kathryn Semon at kathryn@rencapital.com 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).
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