Galaxy Next Generation Partners with Sturgeon Electric to Further Expand in Mountain States Region

Rhea-AI Summary

Galaxy Next Generation, Inc. (OTCQB:GAXY) has partnered with Sturgeon Electric, Inc., a top-ranked electrical contractor in Colorado, to enhance its market presence in the Mountain States Region. Sturgeon Electric, recognized as the #1 contractor in Colorado for 20 consecutive years, brings a strong reputation and extensive experience in electrical construction services. This partnership aims to expand Galaxy's distribution network, focusing primarily on the K-12 education sector, which constitutes nearly 90% of Galaxy's sales. The collaboration is expected to strengthen Galaxy's growth strategy in the region.

Positive

• Partnership with Sturgeon Electric enhances distribution network.
• Sturgeon Electric ranked #1 in Colorado for 20 years, indicating strong market presence.
• Focus on K-12 education aligns with Galaxy's primary sales channel.

Negative

• None.

Additional Reseller is Ranked #1 in Colorado for 20 Years in a Row

TOCCOA, GA / ACCESSWIRE / February 9, 2023 / Galaxy Next Generation, Inc. (OTCQB:GAXY) ("Galaxy" or the "Company), a provider of interactive learning technology solutions and school communication platforms, is pleased to announce it has partnered with Sturgeon Electric, Inc., established in 1912 and headquartered in Henderson, Colorado, as a dealer and installer.

Sturgeon Electric was ranked #1 in Colorado for the 20^th year in a row, #1 in the entire Engineering News-Record (ENR) Mountain States, and #4 overall in the USA. ENR Mountain States ranks specialty contractors by the previous year's revenue.

Gary LeCroy, Galaxy's Chief Executive Officer, commented, "We are thrilled to work with Sturgeon Elecgric in further expanding our footprint and network in the Mountain States Region, especially Colorado. They should be another large, strong partner and reseller for us. Sturgeon Electric has a long history of success and an excellent reputation. We look forward to working closely together."

Since 1912, Sturgeon Electric Company, Inc. has provided complex, large-scale electrical construction services for our clients throughout the western United States. As a full-service electrical provider, it offers industry-leading electrical transmission, commercial and industrial, and renewable energy services.

Sturgeon Electric is a subsidiary of MYR Group, publicly-traded on the Nasdaq under stock symbol MYRG. For additional information on Sturgeon Electric, please visit: https://sturgeonelectric.com.

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/738750/Galaxy-Next-Generation-Partners-with-Sturgeon-Electric-to-Further-Expand-in-Mountain-States-Region

FAQ

What is the significance of Galaxy's partnership with Sturgeon Electric?

The partnership enhances Galaxy Next Generation's distribution network in the Mountain States and leverages Sturgeon Electric's strong market reputation.

How has Sturgeon Electric performed in the industry?

Sturgeon Electric has been ranked #1 in Colorado for 20 consecutive years and is recognized as a leading contractor in the Mountain States.

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

Nearly 90% of Galaxy Next Generation's sales are derived from the K-12 education market.

What stock symbols represent Galaxy Next Generation?

Galaxy Next Generation is represented by the stock symbols GAXY and GAXYD.