TEMECULA, Calif., Feb. 9, 2005 (PRIMEZONE) -- CLX Investment Company (OTCBB:CLXN) today announced that its portfolio investment company, eStrategy Solutions, an e-learning and cost recovery solution provider, has initiated its new content delivery platform, which is expected to allow eStrategy Solutions to expand its customer base and grow revenues while decreasing preparation time and delivery costs.
The more robust content delivery platform has greater server capacity and is intended to improve eStrategy Solutions' ability to deliver online content and assessments to a growing number of customers in government and private industry. In addition to dramatically increasing the number of users that can be accommodated, the new platform comes at a less expensive cost per user, improving projected net revenues.
"The implementation of this new platform is a significant step forward for eStrategy Solutions and a critical element of our growth strategy. With a platform that can service a much larger number of users at a lower per user cost, we not only expect to see improved revenue performance, but we are now able to expand our marketing efforts and sign new clients without concern for system limitations," commented John Matthews, President of eStrategy Solutions.
Other advanced features of the new system are improved assessment, tracking and analysis, richer media capacity, more options in creating customer reports, the ability to provide more visual options to clients, and a more seamless internal change mechanism.
Shane H. Traveller, Chief Executive Officer of CLX Investment Company, commented, "Greater user capacity as part of an effective expansion strategy was a major rationale for our investment in eStrategy Solutions. We believe that with this platform in place, eStrategy Solutions is capable of meeting its revenue projections for 2005 and exceeding these numbers in subsequent years. There is clearly no shortage of potential clients in the e-learning sector, and eStrategy Solutions' pricing and delivery strategy is ideal for capturing a larger part of this market."
About the Company
CLX Investment Company elected to be regulated as a Business Development Company pursuant to Section 54 of the Investment Company Act of 1940 on September 13, 2004, and is pursuing a business plan wherein the Company will seek to acquire and invest in developing companies. CLX acquired a 40% interest in eStrategy Solutions (http://www.estrategysolutions.com) on December 7, 2004.
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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.