TEMECULA, Calif., Feb. 23, 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 been engaged to deliver specific online content for the Texas Board of Nurse Examiners and its state licensing program. The first program scheduled for delivery is Ethics.
"By offering our turn-key Learning Management System, we are generating significant interest from many state agencies and private businesses that expected to make use of eStrategy Solutions content delivery solutions. Clients are seeing the advantages of utilizing an efficient and secure method of delivering information, tracking user performance, testing for retention, and keeping secure records of progress and results. We continue to present our cost-effective technology solutions to both state boards and agencies and expect to have a consistent stream of clients for whom we will deliver client specific online content courses," stated John Matthews, President of eStrategy Solutions.
The recent implementation of a more robust content delivery platform, which has greater server capacity and is intended to improve eStrategy Solutions' ability to deliver content and assessments, will allow the company to keep pace with a growing customer base.
Shane H. Traveller, Chief Executive Officer of CLX Investment Company, commented, "Providing a content delivery solution for the Texas Board of Nurse Examiners is an important step in the growth strategy of eStrategy Solutions and will prove its value in providing training and continuing education. Online training is ideal for large entities such as government agencies, since their clientele can number into the thousands and are often spread over a large geographical area. The Board of Nurse Examiners will serve as an example to other governmental and private sector businesses of how efficient and cost-effective eStrategy's online content delivery is. We expect this project to lead to agreements with additional agencies in Texas and other clients across the United States, resulting in increased revenues and profits for eStrategy Solutions."
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.