Galaxy Next Generation Awarded New Contract from Georgia School District

Rhea-AI Summary

Galaxy Next Generation (OTCQB:GAXY) has secured a $750,000 contract for interactive panels from the Dalton Public School District in Georgia. The CEO, Gary LeCroy, emphasized the company's sales momentum and expanding presence in key markets as contributors to this win. This contract marks a significant step toward modernizing the district's educational technology. With a focus on K-12 education, Galaxy's products cater to nearly 90% of their sales. The Dalton school district serves over 7,000 students and aims to provide world-class learning opportunities.

Positive

• Secured a $750,000 contract with Dalton Public School District.
• Expanding market presence and sales momentum.
• High percentage of sales (90%) from K-12 education sector.

Negative

• None.

The contract for interactive panels and accessories is valued at approximately $750,000

TOCCOA, GA / ACCESSWIRE / July 28, 2022 / Galaxy Next Generation, Inc. (OTCQB:GAXY) ("Galaxy" or the "Company"), a provider of interactive learning technology solutions and school communication platforms, was awarded a new contract for interactive panels from Dalton Public School District in Georgia for approximately $750,000.

"Our ability to win competitive bid processes continues to create sales momentum while broadening our footprint in key markets," said Gary LeCroy, Chief Executive Officer of Galaxy Next Generation. "We look forward to our new relationship with Dalton Schools and the opportunity to modernize the district's education technology infrastructure. These substantial contracts reflect the positive reputation that we have earned in our communities, which is the underlying driver of our business."

Chartered in 1886, Dalton Public Schools is the academic home for more than 7,000 students in Dalton, GA. The school district aspires to provide world-class learning that prepares students for success in college, career and civic life.

For additional information, please visit: www.daltonpublicschools.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/710098/Galaxy-Next-Generation-Awarded-New-Contract-from-Georgia-School-District

FAQ

What is the value of the contract awarded to Galaxy Next Generation?

The contract awarded to Galaxy Next Generation is valued at approximately $750,000.

Which school district is Galaxy Next Generation partnering with?

Galaxy Next Generation is partnering with Dalton Public School District in Georgia.

What percentage of Galaxy Next Generation's sales come from the K-12 education sector?

Nearly 90% of Galaxy Next Generation's sales come from the K-12 education sector.

When was the contract awarded to Galaxy Next Generation?

The contract was awarded on July 28, 2022.