Galaxy Next Generation Launches G2 Adjust-A-Mount

Rhea-AI Summary

Galaxy Next Generation, Inc. (OTCQB:GAXY) has launched the G2 Adjust-A-Mount, a cost-effective height-adjustable wall mount designed for interactive panels and televisions. This product aims to disrupt the market previously dominated by BalanceBox, offering a more affordable alternative. The mount features 15.7 inches of vertical adjustment and supports displays from 30" to 90". Galaxy targets sectors such as education, healthcare, and business environments for G2 Adjust-A-Mount adoption.

Positive

• Launch of G2 Adjust-A-Mount targets a market with a 30% attachment rate.
• Product offers a lower-cost alternative to existing solutions, potentially increasing market share.
• Focuses on multiple sectors, including schools and hospitals, broadening customer base.

Negative

• None.

Low Cost Solution Looking to Disrupt a Market

TOCCOA, GA / ACCESSWIRE / December 7, 2020 / Galaxy Next Generation, Inc. (OTCQB:GAXY) ("Galaxy" or the "Company), a provider of interactive learning technology solutions, is pleased to announce the availability of G2 Adjust-A-Mount, a height adjustable wall mount for Interactive Panels or regular television displays.

Market research shows us that there is an approximate 30% attachment rate on this type of mount on all installed interactive touch panels in the market. Height adjustable mounts are smooth and effortless, hidden behind the screen and allow you to choose your accessory for any size display.

Galaxy believes there is a large need for G2 Adjust-A-Mount and will focus on schools, offices, hospitals and tradeshows.

G2 Adjust-A-Mount highlights include:

• Allows for 15.7 inches vertical height adjustment
• Supports panels from 30" to 90"
• Match the weight of your panel with a simple turn of a bolt and included mount make attaching the panel to the mount very simple.

Gary LeCroy, Galaxy's Chief Executive Officer, commented, "The market for this product has historically been held by a company called BalanceBox. We feel that giving manufacturers, resellers, and customers another option at a lower cost is a great disruptor to that market. We look forward to rolling out G2 Adjust-A-Mount to all of our current relationships and prospective new ones."

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
p888-859-1274

SOURCE: Galaxy Next Generation, Inc.

View source version on accesswire.com:
https://www.accesswire.com/619691/Galaxy-Next-Generation-Launches-G2-Adjust-A-Mount

FAQ

What is the G2 Adjust-A-Mount by Galaxy Next Generation?

The G2 Adjust-A-Mount is a height-adjustable wall mount for interactive panels and televisions, recently launched by Galaxy Next Generation.

What is the market potential for the G2 Adjust-A-Mount?

The market for height-adjustable mounts has a 30% attachment rate on installed interactive touch panels, indicating strong demand.

How does the G2 Adjust-A-Mount compare to competitors?

Galaxy's G2 Adjust-A-Mount provides a cost-effective alternative to the BalanceBox mount, aiming to disrupt the market.

Which sectors is Galaxy targeting with the G2 Adjust-A-Mount?

Galaxy is focusing on schools, hospitals, offices, and tradeshows for the G2 Adjust-A-Mount.

What are the height and display size capabilities of the G2 Adjust-A-Mount?

The G2 Adjust-A-Mount allows for a vertical height adjustment of 15.7 inches and supports displays ranging from 30" to 90".