TEMECULA, Calif., May 24, 2005 (PRIMEZONE) -- CLX Investment Company (OTCBB:CLXN) today announced that portfolio investment company eStrategy Solutions, an e-learning and online continuing education provider, has completed the successful deployment of the next generation of its global learning management system. Full implementation of the new platform has allowed eStrategy Solutions to accept paying users for an expanding base of continuing education and training courses clients in the state of Texas.
The new open source platform has terabyte capacity to serve unlimited courses and 400,000 simultaneous independent trainees up to 430% faster than the previous Microsoft dependent concept model. The old model still serves the original user base of 15,000 registered Texas state agencies, employees and sub-contractors.
The new platform is accepting clients who seek a "plug-in" Learning Management System for their own specified training programs. Typical clients are licensing and regulatory agencies across Texas. eStrategy Solutions can offer blended learning, proctored exam rooms, "webinars," live event notifications and rich multimedia capability with advanced security features as dictated by the client. The platform has also reduced internal web development time-to-sale/time-to-market costs by 60% each.
As a part of the new platform launch, eStrategy Solutions has been involved in delivering custom online programs for various Texas state agencies and oversight organizations as well as seeking new clients for which to develop online programs. eStrategy Solutions provides a seamless training "link" for user attraction, web conversion to sale and a training experience customized for each client.
Shane H. Traveller, Chief Executive Officer of CLX Investments commented, "The new platform is expanding eStrategy Solutions' reach into e-learning markets by allowing for far greater user capacity and a higher degree of service. They are targeting agencies that require cost-effective and secure content delivery solutions to meet their continuing education needs, first in the state of Texas and then nationwide. Full implementation and a growing number of clients translate into greater revenue and increased investment value for CLX."
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.