SOURCE: CLX Investment Company, Inc.

May 09, 2006 13:50 ET

CLX Investment Company Completes Sponsorship and Appearance at Keiretsu Forum "Sports for Charity" Event

TEMECULA, CA -- (MARKET WIRE) -- May 9, 2006 -- CLX Investment Company, Inc. (OTC BB: CLXN) today announced that the company was a part of the successful sponsorship of the Keiretsu Forum's "Sports for Charity" event, which was held on May 1, 2006 at the Castlewood Country Club in Pleasanton, California. The Keiretsu Forum's premier charitable event, "Sports for Charity," benefits worthy organizations throughout the San Francisco Bay Area.

CLX is a Resource Member of founding East Bay Chapter of the Keiretsu Forum, the largest angel investor network in North America.

The Keiretsu Forum's fourth annual "Sports for Charity" event hosted an estimated 400 Keiretsu Forum members and friends. The day's activities included a golf tournament, a tennis tournament, a silent auction, a live auction, and a dinner with live entertainment, with 100% of the net proceeds donated to charity.

Included as part of CLX's bronze sponsorship was the company's name on ten golf carts used in the tournament, one "Tee to Green" sponsorship, the CLX name listed on all printed material for the tournament and listed in the main event program.

Detailed information on the event and the charities that benefit from its proceeds can be found at

"CLX director Jim Bickel and Zonda, Inc. chairman Pat Edgerton represented CLX at the Keiretsu Forum 'Sports for Charity' event and have reported outstanding exposure for the company," stated Tammy D. Dunn, chief executive officer. "We are pleased to support the worthy organizations that benefited from the success of 'Sports for Charity' and look forward to continuing our association with the Keiretsu Forum to identify potential new investment opportunities for the CLX portfolio."

"This type of forum afforded us the opportunity to discuss the potential value and long-term upside of CLX to individual investors who comprise the Keiretsu Forum membership," said Mr. Edgerton. "These individuals can contribute to CLX in a number of different ways, and our conversations during this event were extremely fruitful."

The Keiretsu Forum, with 12 chapters in the United States and Canada, has a network of 400 accredited private equity investors, venture capitalists and corporate/institutional investors. Since September 2000, Keiretsu Forum members have invested in 81 companies with over $53 million. CLX targets investment opportunities in emerging companies that meet CLX's investment criteria but that have not yet developed to the point that Keiretsu Forum members will consider investment. CLX seeks to develop the companies as portfolio investments and present them to the Keiretsu Forum membership in the future as more qualified investment candidates with longer track records.

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About the Company

CLX Investment Company ( holds a 31% equity interest in Zonda, Inc. (, a privately held company that specializes in test products that serve the medical diagnostic, bacterial food testing and environmental surfaces testing markets. Also in the CLX investment portfolio is a 49% interest in eStrategy Solutions, Inc. (, a Texas-based e-learning provider that has developed online training solutions for government entities and other professional organizations. CLX has 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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