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CLX Investment Company Announces Appointment of Chairman Robert McCoy as Interim CEO

Board Cites Streamlining of Organizational Structure as Impetus for Management Change

CLX Investment Company, Inc. (OTC BB: CLXN), a diversified investment fund, today announced that the Board of Directors has appointed chairman Robert McCoy to serve as interim chief executive officer, replacing Tammy D. Dunn, whose contract was not renewed by the Board.

"CLX has reached the point at which oversight of its portfolio companies will be best managed at the Board of Directors level," commented Mr. McCoy. "With a quality pipeline of new investment opportunities established through CLX's association with the Keiretsu Forum, the largest angel network in the United States, the Board decided to streamline management to operate in a more efficient and cost-effective manner.

"We would like to thank Tammy Dunn for her service to the company and wish her all the best in her future endeavors," added Mr. McCoy.

More information on the change in management is contained in a Current Report on Form 8-K filed by the company.

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 CLX Investment Company

CLX Investment Company (www.clxinvestments.com) holds a 49% interest in eStrategy Solutions, Inc. (www.estrategysolutions.com), a Texas-based e-learning provider that has developed online training solutions for government entities and other professional organizations. Also in the CLX investment portfolio is a 31% equity interest in Zonda, Inc. (www.zondaincusa.com), a privately held company that specializes in test products that serve the medical, bacterial food safety, cosmetic, beverage, pharmaceutical, veterinary, and environmental sanitation testing markets. 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 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.


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