SOURCE: CLX Investment Company, Inc.

July 17, 2007 09:28 ET

CLX Investment Company Initiates Comprehensive Market Communications Program

Program Designed to Keep Shareholders Informed as Company Executes Acquisition Strategy

MURRIETA, CA--(Marketwire - July 17, 2007) - CLX Investment Company, Inc. (OTCBB: CLXN) today announced that consultant CEO Steven R. Peacock has initiated a comprehensive public market communications program designed to keep shareholders informed as the company executes an acquisition strategy that is expected to deliver value to the company and its shareholders.

The shareholder communications program will include the issuance of frequent press releases as the acquisition process moves forward, a monthly investor newsletter designed to provide a summary of the company's recent progress, structural and content changes to the company's website, and a staffed investor relations email address and telephone number for day-to-day shareholder communication.

Shareholders will also be regularly reminded to subscribe to the company's email alert system, through which CLX disseminates all publicly disclosed information, including press releases and the monthly newsletter. To subscribe to the email alert system, please visit www.clxinvestments.com/email.php.

Mr. Peacock, managing director of Javelin Advisory Group, a business development and management firm, was recently appointed to the position of consultant CEO. His primary responsibilities will be to shepherd the company through its transition from an investment fund to an operating company and to facilitate the closing of a significant acquisition.

The company has announced that it has identified an acquisition target that is expected to become the focus of its future operations. Initial due diligence is ongoing, and the company expects to reach an initial agreement with the acquisition candidate in the near term.

"As we work to reach an initial agreement with the identified acquisition target, establishing consistent communication with our existing shareholders and the broader public markets becomes even more critical," stated Mr. Peacock. "Transparency will remain a high priority for the CLX management team, and we hope that CLX shareholders will provide feedback throughout the acquisition process.

"I would ask that all shareholders subscribe to the email alert system on the CLX website, so they can receive the information directly from the company immediately after it is released to the public. We find this to be an effective method to track the progress of public companies, and we hope CLX shareholders will utilize this communications tool," Mr. Peacock added.

About CLX Investment Company

CLX Investment Company (www.clxinvestments.com) holds a 31% equity interest in Zonda, Inc. (www.zondaincusa.com). 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

  • Contact:
    Gemini Financial Communications
    A. Beyer
    951-677-8073
    Email Contact