CLX Investment Company Announces $1.9 Million Contract Minimum for ActionView International Agreement in Australia.TEMECULA, Calif. -- CLX (library, graphics) CLX - The Common Lisp library providing a low-level interface to the X Window System, equivalent to Xlib. Graphics toolkits can be built on top of CLX, e.g. McCLIM, Garnet, CLUE and CLIO. Investment Company, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CLXN) today announced that portfolio investment company ActionView International Inc., a manufacturer and global marketer of scrolling (chat, games) scrolling - To flood a chat room or Internet game with text or macros in an attempt to annoy the occupants. This can often cause the chat room to be "uninhabitable" due to the "noise" created by the scroller. Compare spam. advertising billboards, has conservatively forecast to generate a minimum $1.9 million from the company's revenue-sharing agreement with Open Media, Inc., an Australian media company with extensive national advertising relationships. In June 2005, ActionView completed its revenue-sharing agreement with Open Media, Inc., and two months later, Open Media entered into a letter of intent with a national supermarket chain for the placement of a minimum 200 ActionView-owned signs for point-of-purchase advertising. Manufacturing has started on the signs for this supermarket chain, and installation will begin once advertiser ad·ver·tise v. ad·ver·tised, ad·ver·tis·ing, ad·ver·tis·es v.tr. 1. To make public announcement of, especially to proclaim the qualities or advantages of (a product or business) so as to increase agreements are completed. Open Media has indicated they are in discussions with other national supermarket chains for similar advertising agreements. Although the ActionView Group has contracted to receive minimum revenues of $1.9 million over three years from the date of installation of these 200 signs, the company expects the Open Media business relationship to generate much more than this over the same period. CLX Investment holds 2,000,000 shares of ActionView common stock being released pro-rata as ActionView draws-down on the $350,000 line of credit available to them under the terms of our investment agreement, designed to facilitate the company's successful expansion into new markets. "As with the progress that ActionView has recently reported in China, both with its new Guangzhou Baiyun International Airport Guangzhou Baiyun International Airport (IATA: CAN, ICAO: ZGGG) (Simplified Chinese: 广州白云国际机场; Traditional Chinese: project and with broader marketing programs in the country, these inroads inroads Noun, pl make inroads into to start affecting or reducing: my gambling has made great inroads into my savings inroads npl to make inroads into [+ into the Australian advertising market only strengthens the belief that our investment into ActionView will return value for CLX shareholders," commented Tammy Dunn, chief executive officer of CLX Investment. 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 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 where·in adv. In what way; how: Wherein have we sinned? conj. 1. In which location; where: the country wherein those people live. 2. 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 privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. that specializes in test products that serve the medical diagnostic, bacterial bacterial /bac·te·ri·al/ (-al) pertaining to or caused by bacteria. bacterial pertaining to or caused by bacteria. bacterial adhesiveness see adhesins. 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 forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . 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. |
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