Message #51 From:
NewsBot Date: December 21, 2005 03:46:00 AM
CLXN News CLX Investment Company Attends First Meeting of the Keiretsu Forum, the Nation's Largest Investment Network
TEMECULA, Calif.--(BUSINESS WIRE)--Dec. 21, 2005--CLX Investment Company, Inc. (OTCBB:CLXN) today announced that chief executive officer Tammy D. Dunn and Director Jim Bickel have attended the company's first meeting at the East Bay Chapter of Keiretsu Forum, the nation's largest angel investment network. The meeting included four presenting companies and 320 attendees.
"CLX is looking forward to taking every opportunity to review new potential investments that we are exposed to through our association with the Keiretsu Forum," commented Ms. Dunn. "Many of the companies that present at the Keiretsu Forum meetings are ideal candidates to become CLX portfolio companies, and we are pleased to have initiated our participation in these events."
The Keiretsu Forum, with 12 chapters in the United States and Canada, has a network of 400 accredited private equity investors, venture capitalists and corporate/institutional investors. Since September 2000, Keiretsu Forum members have invested in 81 companies with over $53 million.
Admitted as a Forum Resource Member to the founding East Bay Chapter of the Keiretsu Forum, CLX will target investment opportunities in emerging companies that meet CLX's investment criteria but that have not yet developed to the point that Keiretsu Forum members will consider investment. CLX seeks to develop the companies as portfolio investments and present them to the Keiretsu Forum membership in the future as more qualified investment candidates with longer track records.
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About Keiretsu Forum
With 400 members, Keiretsu Forum is the largest North American angel investor network of capital, resources and deal flow. Keiretsu Forum members are accredited private equity investors, venture capitalists and corporate/institutional investors who invest in high-quality, diverse investment opportunities in emerging technologies, IT and software, life science/healthcare/biotech, real estate, media/entertainment, consumer products and any segment with high-growth opportunity. Keiretsu Forum has established chapters in Southern California (Los Angeles, Westlake Village, Orange County and San Diego), Northern California (San Francisco, East Bay and Silicon Valley), Boston/New England, Chicago/Midwest, Seattle/Northwest, Dallas/Fort Worth and Calgary, Canada. For more information, please visit www.keiretsuforum.com.
About the 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 made an investment in ActionView International, Inc. (www.actionviewinternational.com), a publicly traded global manufacturer and marketer of "smart" scrolling advertising billboards. CLX holds a 20% 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.
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.
