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CLX Investment Company Announces eStrategy Solutions Agreement With Department of the Texas Health and Human Services Commission

Posted on: Wednesday, 5 October 2005, 09:00 CDT

CLX Investment Company, Inc. (OTCBB:CLXN) today announced that portfolio investment eStrategy Solutions, an e-learning provider, has entered into a services agreement with the Texas Health and Human Services Commission's Rate Analysis Department, under which eStrategy will develop and implement online training and testing programs for care facility workers in the state of Texas.

The Texas Health and Human Services Commission (HHSC) has oversight responsibilities over the four state health and human services departments, including the Department of Assistive and Rehabilitative Services (DARS), the Department of Family and Protective Services (DFPS), the Department of Aging and Disability Services (DADS), and the Department of State Health Services (DSHS).

Under the terms of its agreement with HHSC's Rate Analysis Department, eStrategy Solutions will develop and implement online content for the testing and training necessary to certify candidates who work in care facilities throughout the state of Texas, specifically those who fulfill the critical function of preparing reimbursement reports for federal monies. All such individuals must meet certain training requirements and pass the Rate Analysis Department's examination to achieve certification.

Beyond implementing the testing element in the short-term, eStrategy Solutions has also been contracted to bring web-based content to the training element of the HHSC Rate Analysis Department's certification process, beginning in January 2006.

"We are pleased to have been contracted to supply our technology solutions to the Texas Health and Human Services Commission and its Rate Analysis Department," commented John Matthews, president of eStrategy Solutions. "The HHSC is an extremely important body, charged with the oversight of what used to be 12 agencies now merged into four major departments. By receiving this contract, eStrategy Solutions looks forward to meeting the needs of the Rate Analysis Department and, with the success of this implementation, the needs of all other departments under the auspices of the HHSC."

To sign up to receive information by email directly from CLX Investment Company when new press releases, investor newsletters, SEC filings, or other information is disclosed, please visit http://www.clxinvestments.com/email.asp.

About the Texas Health and Human Services Commission

The Health and Human Services Commission provides leadership and direction, and fosters the spirit of innovation needed to achieve an efficient and effective health and human services system for Texans. HHSC has oversight responsibilities for designated Health and Human Services agencies, and administers certain health and human services programs including the Texas Medicaid Program, Children's Health Insurance Program (CHIP), and Medicaid waste, fraud, and abuse investigations.

About CLX Investment Company

CLX Investment Company (www.clxinvestments.com) 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.

CLX has acquired a 49% interest in eStrategy Solutions, Inc. (www.clxinvestments.com/estrategysolutions), a Texas-based e-learning provider that has developed online training solutions for government entities and other professional organizations. The Company has also made investments in ActionView International, Inc. (www.actionviewinternational.com), a publicly traded manufacturer of scrolling advertising billboards, and Zonda, Inc. (www.zondainc.com), a privately held company that specializes in test products that serve the medical diagnostic, bacterial food testing and environmental surfaces testing markets.

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.

Source: Business Wire

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