Galaxy Next Generation Awarded Purchase Order from New Hampshire School District

Rhea-AI Summary

Galaxy Next Generation (OTCQB:GAXY) has secured its first purchase order from the Farmington School District in New Hampshire, marking a significant milestone in its expansion into the Northeast market. The order includes G2 Interactive panels and accessories for 25 classrooms, showcasing the company's commitment to enhancing interactive learning technology solutions. CEO Gary LeCroy expressed confidence in the company's growing market presence and potential revenue opportunities in this new region, indicating a broader plan for increased penetration in the education sector.

Positive

• Secured first purchase order from Farmington School District in New Hampshire.
• Order includes G2 Interactive panels and accessories for 25 classrooms.
• CEO indicates significant revenue opportunity from expanded Northeast market presence.

Negative

• None.

Company Continues to Expand Territory Footprint with First Order from New Hampshire

TOCCOA, GA / ACCESSWIRE / May 24, 2022 / Galaxy Next Generation, Inc. (OTCQB:GAXY) ("Galaxy" or the "Company"), a provider of interactive learning technology solutions, has been awarded a purchase order from Farmington School District in New Hampshire for G2 Interactive panels and accessories for 25 classrooms.

"Our go-to-market strategy continues to be validated by our ability to execute on new business opportunities," said Gary LeCroy, Chief Executive Officer of Galaxy. "This is our first order from a New Hampshire school district, which reflects our continued success with our expansion efforts. As we previously mentioned earlier this year, we intend to increase our market penetration in the Northeast by working with our reseller partners, and we anticipate that this will be the first of many purchase orders in the region which presents a substantial revenue opportunity."

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

What is the recent purchase order made by Galaxy Next Generation?

Galaxy Next Generation has received a purchase order from the Farmington School District in New Hampshire for G2 Interactive panels and accessories for 25 classrooms.

How does the New Hampshire order affect Galaxy's market strategy?

The order represents Galaxy's first entry into the New Hampshire market and is part of their strategy to expand market penetration in the Northeast.

What are the implications of Galaxy's expansion into the Northeast?

The expansion into the Northeast is expected to present substantial revenue opportunities, according to CEO Gary LeCroy.

What products are included in the purchase order from Farmington School District?

The purchase order includes G2 Interactive panels and accessories for 25 classrooms.

What is Galaxy Next Generation's primary market focus?

Galaxy Next Generation primarily focuses on the K-12 education market, which comprises nearly 90% of its sales.