SOURCE: CLX Investment Company, Inc.

January 02, 2008 10:54 ET

CLX Investment Company Files Annual Report and Form 8-K Related to Acquisition of Zonda, Incorporated

MURRIETA, CA--(Marketwire - January 2, 2008) - CLX Investment Company, Inc. (OTCBB: CLXN), which owns 51% of Zonda, Incorporated, a developer and manufacturer of unique diagnostic tests for the medical and non-medical markets, today announced that the company has filed its annual report on Form 10-KSB for the 2007 fiscal year and the Current Report on Form 8-K/A related to its recent acquisition of a majority percentage of Zonda.

Links to both filings can be accessed in the "CORPORATE" section of the CLX website at www.clxinvestments.com.

"Beyond meeting the company's reporting requirements, the filing of these two reports serves as an appropriate beginning of a new year for CLX," commented Vera Leonard, president and chief executive officer of the company. "Since CLX acquired a majority ownership percentage of Zonda several months ago, much has been accomplished, particularly in evaluating the status of Zonda and charting the most advantageous direction for this subsidiary. As our recent update detailed, we, along with American Health Partners and Safis Solutions, have developed and are executing a strategy to maximize Zonda's future potential. This strategy includes the anticipated start-up of clinical testing of Zonda's rapid point of care test for Chlamydia in the mid to late first calendar quarter of the year as part of the process to achieve FDA clearance for the product. We are also developing a new European distribution strategy for Zonda's Chlamydia product, and we expect to announce the details of this new strategy in the coming weeks.

"In addition to our work with Zonda, CLX will in continue to seek out and identify additional innovative products as potential acquisitions and opportunities for licensing and/or distribution relationships for CLX. 2008 is expected to be an eventful year for CLX, we are pleased to have these two reports filed, and we hope that our shareholders are as excited as we are about the possibilities," Ms. Leonard added.

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About CLX Investment Company

CLX Investment Company (www.clxinvestments.com) holds a 51% equity interest in Zonda, Inc. CLX has also invested, and holds a common stock position, in ActionView International, Inc. (www.actionviewinternational.com), a publicly traded global manufacturer and marketer of "smart" scrolling advertising billboards.

All statements included in this release, including statements regarding potential future plans and objectives of CLX Investments are forward-looking statements. Such statements are necessarily subject to risks and uncertainties, some of which are significant in scope and nature beyond CLX Investments' control. There can be no assurance that such statements will prove accurate. Actual results and future events could differ materially from those anticipated in such statements depending on many factors. Historical results are not necessarily indicative of future performance.

Contact Information

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