CLX Investment Company Announces eStrategy Solutions Live Online Course Offerings
Posted on: Friday, 3 March 2006, 12:00 CST
CLX Investment Company, Inc. (OTCBB:CLXN) today released a summary of current live online courses for portfolio investment eStrategy Solutions, an e-learning provider with a focus on training, certification and licensing for government entities and other professional organizations.
eStrategy Solutions, www.estrategysolutions.com, has launched courses for over a dozen clients in the state of Texas including the Texas Health & Human Services Commission, the Texas Department of State Health Services, the Texas Youth Commission, the Texas Alcohol and Beverage Commission, the Texas Education Agency, the Texas Department of Information Resources, the Texas Board of Chiropractic Examiners, the Texas Health Care Association, the Texas Association for Homes and Services of the Aging, My Trade Training, the Texas Board of Nurse Examiners, the Texas Society for Professional Engineers, and the Texas Department of Criminal Justice.
Over fifteen courses are currently live, and eStrategy Solutions is receiving revenue from a growing number of online users. CLX recently announced that the February average per day revenues from online courses increased 35% over January's daily average. Additional revenue growth for eStrategy Solutions is expected as new courses are launched over the coming weeks and months. eStrategy Solutions is also pursuing expansion into new state and regional markets as interest in the company's online content delivery solutions grows.
"We have received a number of shareholder inquiries regarding the status of eStrategy Solutions and its online course offerings, so we thought that an update at this time would be appropriate," said Tammy Dunn, chief executive officer of CLX Investment Company. "eStrategy Solutions is clearly serving a broad spectrum of agencies and organizations in the state of Texas, and the list of both its clients and active online course offerings continues to expand.
"Revenue growth not only ensures the repayment of CLX's investment and increased value from our 49% equity position, but it also brings to eStrategy Solutions additional attention from companies seeking acquisitions. All of these results are good news for CLX as it looks to continually increase the value of its investment portfolio and provide return to its shareholders," added Ms. Dunn.
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About the Company
CLX Investment Company (www.clxinvestments.com) holds a 31% equity interest in 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. Also in the CLX investment portfolio is 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. CLX has 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.
CLX 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.
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 Investment's 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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