Galaxy Next Generation Granted U.S. Patent for Assistive Listening System That Uses Sound Waves for Device Pairing

Rhea-AI Summary

Galaxy Next Generation (OTCQB:GAXY) announced that it has been granted U.S. Patent No. 11,026,277 for an assistive listening system designed to enhance classroom audio solutions. This technology enables seamless device pairing for students with hearing disabilities as they move between classrooms. CEO Gary LeCroy expressed pride in this achievement and mentioned plans to expand the technology's applications across other sectors to drive revenue growth. Galaxy primarily serves the K-12 education market, accounting for nearly 90% of its sales.

Positive

• Granted U.S. Patent No. 11,026,277 for assistive listening technology.
• Enhances capabilities for classroom audio solutions, benefiting students with hearing disabilities.
• Plans to expand technology applications could lead to increased revenue growth.

Negative

• None.

Empowers Galaxy to Protect Technology Designed and Implemented by its G2 Development Team

TOCCOA, GA / ACCESSWIRE / June 7, 2021 / Galaxy Next Generation, Inc. (OTCQB:GAXY) ("Galaxy" or the "Company), a provider of interactive learning technology solutions, is pleased to announce that it has been granted U.S. Patent No. 11,026,277 from the U.S. Patent and Trademark Office pertaining to assistive listening system that uses sounds waves for device pairing.

This particular pairing technology can and has been implemented in Galaxy's classroom audio solutions and allows for students with hearing disabilities to seamlessly connect to the classroom audio when traveling from one classroom to the next. This particular technology is not yet implemented in Pro Audio level amplifiers within public arenas but is part of the greater expansion plan for Galaxy.

Gary LeCroy, Galaxy's Chief Executive Officer, commented, "We are extremly proud of being awarded our second patent from the U.S. Patent and Trademark Office. While we have three additional pending patents, this greatly enhances our ability to protect the technology our G2 development team has designed and implemented. In addition, we expect to expand our uses of this technology to other sectors in order to accelerate our revenue growth."

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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FAQ

What is the significance of Galaxy Next Generation's new patent granted on June 7, 2021?

The patent enhances Galaxy's assistive listening technology, improving classroom audio solutions for students with hearing disabilities.

How does the new U.S. Patent No. 11,026,277 impact Galaxy Next Generation's business?

The patent protects innovative technology that could expand revenue opportunities and strengthen market position.

What is Galaxy Next Generation's primary market focus according to the latest press release?

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

What future plans did Galaxy Next Generation mention regarding their technology?

Galaxy aims to expand the uses of its patented technology to other sectors to accelerate revenue growth.