Galaxy Next Generation Completes Six Additional Installations of its Phoenix Bell and Intercom System

Rhea-AI Summary

Galaxy Next Generation, Inc. (OTCQB:GAXY) announced the successful installation of its Phoenix Bell and Intercom systems at six schools in Colorado, fulfilling prior contract obligations. The installations were completed in time for the new school year, highlighting the importance of communication solutions in educational settings. Galaxy's CEO, Gary LeCroy, emphasized the significance of these updates for a smooth transition back to school environments. This project reinforces Galaxy's commitment to providing interactive learning technology solutions, primarily for the K-12 market, which constitutes a substantial portion of its sales.

Positive

• Successful installation of Phoenix Bell and Intercom systems at six Colorado schools.
• Fulfillment of previously awarded contracts, enhancing revenue credibility.
• Timely deployment aligns with back-to-school season, potentially boosting sales.

Negative

• None.

TOCCOA, GA / ACCESSWIRE / August 31, 2020 / Galaxy Next Generation, Inc. (OTCQB:GAXY) ("Galaxy" or the "Company), a provider of interactive learning technology solutions, today announced that its Interlock Concepts subsidiary completed installations of its Phoenix Bell and Intercom systems at six additional schools in Colorado. These successful installations fulfilled obligations from contracts that were previously awarded in the spring.

The Interlock Concepts team installed the classroom clocks and intercom call switches, working with the schools over the past month, to ensure the newly installed endpoints were communicating with the Phoenix Bell & Intercom system.

Gary LeCroy, Galaxy's Chief Executive Officer, commented, "We are excited about having these systems up and running in time for back to school. While the return of school is still a question for many, Galaxy continues to fulfill obligations to make it easy to return, or for students to keep on a schedule inside the classroom or at home. Communication and alerts are vitally important to schools and their transition to a modern and nimble IP system makes for a more efficient environment."

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.

Investors Contact:

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SOURCE: Galaxy Next Generation, Inc.

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https://www.accesswire.com/604041/Galaxy-Next-Generation-Completes-Six-Additional-Installations-of-its-Phoenix-Bell-and-Intercom-System

FAQ

What recent installation project has Galaxy Next Generation completed?

Galaxy Next Generation has completed installations of its Phoenix Bell and Intercom systems at six schools in Colorado.

What is the stock symbol for Galaxy Next Generation?

The stock symbol for Galaxy Next Generation is GAXY.

When were the installations of the intercom systems completed?

The installations were completed in August 2020.

What percentage of Galaxy's sales comes from the K-12 education market?

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