SOURCE: CLX Investment Company, Inc.

October 11, 2006 10:24 ET

CLX Investment Company Announces the Sale of Ownership Interest in eStrategy Solutions and Repayment of Credit Line

TEMECULA, CA -- (MARKET WIRE) -- October 11, 2006 -- CLX Investment Company, Inc. (OTCBB: CLXN), a diversified investment fund, today announced the sale of its equity interest in eStrategy Solutions, a Texas based e-learning provider, and repayment of the credit line it had provided for this portfolio investment. The details of the sale are included in a Current Report on Form 8-K filed by the company today.

Under terms of the buyout, CLX has received payment for the purchase of its equity position in eStrategy Solutions and re-payment of the amount drawn down on the credit line, plus interest. The total amount received by CLX to complete the sale was approximately $252,000, which does not include previous interest payments made by eStrategy Solutions. The payments received will be reflected in upcoming financial statements filed with the Securities and Exchange Commission.

"Experiencing return on an investment in such a short period is a significant achievement for CLX," stated Robert McCoy, chairman and chief executive officer of CLX Investment Company.

eStrategy Solutions is an e-learning provider that develops online training solutions for government entities and other professional organizations, primarily in the state of Texas. The capital that CLX made available to eStrategy Solutions was utilized, in part, to launch an expanded content delivery platform that accommodates a greater number of online users.

"We are very pleased to announce the sale of our equity position and repayment of the credit line CLX's first portfolio investment," commented Mr. McCoy. "This purchase will allow CLX to continue to finance the worldwide growth of Zonda, Incorporated without having to use equity and dilute existing shareholders. Shareholder value is a top priority of CLX management, and the Board of Directors determined that it would be best to readjust the CLX portfolio and to use our participation in the Keiretsu Forum to identify potential new investment opportunities that meet CLX's criteria. The sale of our interest in eStrategy Solutions is seen as an important step in that direction."

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About CLX Investment Company

CLX Investment Company ( holds a 31% equity interest in Zonda, Inc. ( CLX has also invested, and holds a common stock position, in ActionView International, Inc. (, a publicly traded global manufacturer and marketer of "smart" scrolling advertising billboards.

CLX has elected to be regulated as a Business Development Company pursuant to Section 54 of the Investment Company Act of 1940, and is pursuing a business plan wherein the Company seeks to make investment in developing companies with the goal of providing return for its shareholders.

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.

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