Galaxy Next Generation Continues its Success in Texas with Catalog Contract Renewals and Newly Awarded Catalog Bids

Rhea-AI Summary

Galaxy Next Generation (OTCQB:GAXY) has successfully extended multiple catalog contracts and secured several new catalog bids in Texas, including the Good Buy Coop and multiple school districts such as Alief ISD and Killeen ISD. The company attributed this success to a strengthened presence in the state, including the hiring of a Central Regional Sales Manager and the onboarding of new resellers. The K-12 education market remains a key focus, accounting for nearly 90% of sales.

Positive

• Successful extension of multiple catalog contracts in Texas.
• Secured new catalog bids in major school districts.
• Increased presence and efforts in Texas led to growth.

Negative

• None.

Texas is Comprised of Over 1,000 School Districts

TOCCOA, GA / ACCESSWIRE / April 5, 2022 / Galaxy Next Generation, Inc. (OTCQB:GAXY) ("Galaxy" or the "Company), a provider of interactive learning technology solutions, is pleased to announce that it has extended several catalog contracts for an additional year and been awarded several new catalog bids in the state of Texas.

The extended catalog contracts include: Good Buy Coop, Region 18 Texas, White Settlement ISD, Aldine ISD, Mansfield ISD and Fort Worth ISD.

The newly awarded catalog bids include: Alief ISD, Killeen ISD-Software, Humble ISD and Midland ISD Through Aisys Consulting.

Gary LeCroy, Galaxy's Chief Executive Officer, commented, "This success in Texas has been due to our increased presence and efforts in the state with over 1,000 school districts. Over the past two years we have brought on new resellers and hired a Central Regional Sales Manager based in Texas in order to serve the geography and growth more efficeintly. All of these efforts are now paying off."

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

SOURCE: Galaxy Next Generation, Inc.

View source version on accesswire.com:
https://www.accesswire.com/696043/Galaxy-Next-Generation-Continues-its-Success-in-Texas-with-Catalog-Contract-Renewals-and-Newly-Awarded-Catalog-Bids

FAQ

What recent developments occurred for Galaxy Next Generation in Texas?

Galaxy Next Generation extended several catalog contracts and secured new bids in Texas, enhancing its market presence.

Which school districts awarded contracts to Galaxy Next Generation?

Contracts were awarded by Alief ISD, Killeen ISD, Humble ISD, and Midland ISD.

How has Galaxy Next Generation strengthened its operations in Texas?

The company hired a Central Regional Sales Manager and onboarded new resellers to boost its presence and efficiency in Texas.

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

The K-12 education market accounts for nearly 90% of Galaxy's sales.