Galaxy Next Generation Appoints Todd Eddy as Chief Revenue Officer

Rhea-AI Summary

Galaxy Next Generation has appointed Todd Eddy as the new Chief Revenue Officer to spearhead sales and marketing initiatives. With over 20 years of experience, Eddy aims to enhance revenue growth and customer satisfaction, particularly in the K-12 education sector, which accounts for 90% of Galaxy's sales. Eddy previously held significant roles in various organizations, focusing on Pro AV, IT technology, and security markets. His expertise is expected to position Galaxy as a leader in these segments, driving expansion and strengthening the company's market presence.

Positive

• Todd Eddy's appointment could lead to substantial revenue growth due to his extensive experience in sales and marketing.
• Eddy's focus on the growing K-12 education market aligns with Galaxy's existing customer base and sales strategy.

Negative

• Concerns regarding continuity in the company's sales strategy with a new executive at the helm.
• Potential experience gaps in leadership could affect immediate sales performance.

Veteran Technology Sales Executive Joins Galaxy to Further Sales and Marketing Success

TOCCOA, GA / ACCESSWIRE / August 23, 2022 / Galaxy Next Generation, Inc. (OTCQB:GAXY) ("Galaxy" or the "Company"), a provider of interactive learning technology solutions and school communication platforms, today announced the appointment of veteran technology sales executive Todd Eddy as new Chief Revenue Officer.

Todd Eddy brings over two decades of success in leading companies to substantial revenue growth. He is a professional senior sales leader with proven results in selling and managing national value-added integration teams and global manufacturing teams in PRO AV/UC/IT products, IT Software and Digital Curriculum. Eddy's main markets include SLED (Primary focus on K-12 & Higher Education) Medical, Corporate, Physical Security, Life Safety and CE/CI markets. Previously Eddy was Director of Channel Sales at INVZBL LLC building channels for both manufactured hardware distribution and services and support. As Chief Sales Officer at Mercury Notifications LLC he was responsible for designing a sales plan and go to market strategy for a new line of Life Safety and Mass Notification manufactured solutions. During his tenure at STEM Fuse, Eddy managed outside and inside sales teams and developed marketing strategies to acquire new customers in the K-12 vertical as well as grow brand awareness in the challenging IT/Software development market.

"Todd is known for driving significant sales growth and customer success in the Pro AV, IT technology, and security markets, making him an ideal fit to help lead Galaxy into the next phase of expansion," said Gary LeCroy, Chief Executive Officer of Galaxy. "In the newly established role of Chief Revenue Officer, Todd will use his talents to help establish keen business practices and institute programs that leverage his global experience to position Galaxy as the predominate leader in Pro AV, IT technology hardware, software and security systems. In addition to leading the company's sales and marketing efforts, he will also help to build and manage the channel and distribution strategies. We're thrilled to have him join our team and look forward to working with Todd to grow our customer base."

Eddy added, "Galaxy's suite of products continues to see growing demand from the K-12 education market that is seeking innovative technology solutions. I am excited to help the sales team continue to develop relationships with our existing core customer base and adding new regions and high growth opportunities in other sectors. I look forward to working closely with Gary, the senior leadership team, and all of our Galaxy team members to generate sales growth and long-term value for our shareholders."

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.

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FAQ

Who is Todd Eddy and what is his role at Galaxy Next Generation?

Todd Eddy is the newly appointed Chief Revenue Officer at Galaxy Next Generation, responsible for leading the company's sales and marketing efforts.

What are Todd Eddy's qualifications?

Todd Eddy brings over 20 years of experience in technology sales, with a successful track record in driving revenue growth in various markets.

How will Todd Eddy impact Galaxy's growth?

Eddy is expected to leverage his expertise to enhance sales strategies and expand Galaxy's presence in the K-12 education sector and beyond.

What markets does Galaxy Next Generation focus on?

Galaxy primarily focuses on the K-12 education market, which comprises nearly 90% of its sales, along with other sectors like medical and corporate.

What is the significance of the Chief Revenue Officer position at Galaxy?

The Chief Revenue Officer position is crucial for driving the company's sales growth and establishing effective go-to-market strategies.