Galaxy Next Generation Announces National Partnership with Camcor

Rhea-AI Summary

Galaxy Next Generation (OTCQB:GAXY) has established a new reseller partnership with Camcor, Inc., enhancing its presence in the interactive learning technology market. Camcor, a national reseller with over 70 years in technology solutions, focuses on audio-visual and digital imaging. CEO Gary LeCroy highlighted the momentum this partnership brings, as Camcor has strong ties to numerous educational technology contracts. This collaboration is part of Galaxy's strategy to expand its market footprint amidst a growing demand for educational technology.

Positive

• New partnership with Camcor enhances market footprint in the U.S.
• Camcor has extensive experience and stability in technology solutions.
• Strong educational technology contracts at national and local levels.
• Expansion of distribution channels with over 22 resellers primarily targeting K-12 education.

Negative

• None.

New Partner Brings Over 70 Years of Technology Solution Reselling Experience

TOCCOA, GA / ACCESSWIRE / October 25, 2022 / Galaxy Next Generation, Inc. (OTCQB:GAXY) ("Galaxy" or the "Company"), a provider of interactive learning technology solutions, today announced it has signed a new reseller partnership with Camcor, Inc. ("Camcor").

Camcor offers thousands of audio-visual, photographic, digital imaging, and technology solutions. Founded in 1949 as a local photographic corner store in Burlington, NC, Camcor has grown to become a significant national technology equipment and solution reseller.

"We continue to build momentum with expanding our market footprint in the U.S. as demonstrated by securing another national partnership," said Gary LeCroy, Chief Executive Officer of Galaxy. "The Camcor team is growing extensively in many states across the U.S. with a strong foothold on many educational technology and security contracts at the national, state, and local level. We are excited to work with the Camcor team as part of our accelerated go-to-market strategy and we look forward to partnering and growing our business together."

Camcor's experience and stability allows them to provide outstanding customer service and technical know-how. Camcor consistently maintains that its associates receive ongoing training and manufacturer support, which allows them to stay updated on the evolving technology in the market.

For additional information on Camcor, please visit: www.camcor.com.

About Galaxy Next Generation, Inc.

Galaxy Next Generation (OTCQB:GAXY) is a provider of interactive learning technology solutions that allows the presenter and participant to engage in a fully collaborative instructional environment. Galaxy's products include Galaxy's own private-label interactive touch screen panel as well as numerous other national and international branded peripheral and communication devices. Galaxy's distribution channel consists of 22+ resellers across the U.S. who primarily sell the Company's products within the commercial and educational market. Galaxy does not control where resellers focus their resell efforts, although generally, the K-12 education market is the largest customer base for Galaxy products - comprising nearly 90% of Galaxy's sales.

For additional information, please visit our website at: www.galaxynext.us.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Company Contact
IR@GalaxyNext.us
P: 888-859-1274

Investor Relations
Brooks Hamilton
MZ North America
+1 949-546-6326
GAXY@mzgroup.us

SOURCE: Galaxy Next Generation, Inc.

View source version on accesswire.com:
https://www.accesswire.com/722130/Galaxy-Next-Generation-Announces-National-Partnership-with-Camcor

FAQ

What is the significance of the new partnership between Galaxy Next Generation and Camcor?

The partnership enhances Galaxy's market presence and leverages Camcor's extensive experience in technology solutions, particularly in the educational sector.

What are the expected benefits of the partnership for Galaxy (GAXY)?

The partnership is expected to boost Galaxy's sales and market reach through Camcor's established contracts in educational technology.

When was the partnership with Camcor announced?

The partnership was announced on October 25, 2022.

Who is Camcor and what services do they provide?

Camcor, founded in 1949, is a national reseller that offers audio-visual, photographic, and digital imaging technology solutions.

How does this partnership impact Galaxy's distribution strategy?

The partnership adds to Galaxy’s distribution channels by leveraging Camcor's strong foothold in the educational market.