Galaxy Next Generation Receives $200,000 in New Purchase Orders from Thompson County School District in Colorado

Rhea-AI Summary

Galaxy Next Generation, Inc. (OTCQB:GAXY) announces new purchase orders totaling $200,000 from the Thompson County School District in Colorado. This partnership, initiated in late 2019, is part of a larger nearly $1 million project for upgrading classroom technology, specifically G2 Communicator and related products. The district serves over 16,000 students across 33 schools and continues to emphasize technology in education.

Positive

• New purchase orders of $200,000 from Thompson County School District.
• Continuing partnership with the Thompson County School District since late 2019.
• Part of a larger project worth nearly $1 million aimed at upgrading school technology.

Negative

• None.

Long-Standing Customer Embraces G2 Communicator's Bell, Paging and Intercom Products for a Total of Nearly $1 Million Additional Revenue

TOCCOA, GA / ACCESSWIRE / March 15, 2021 / Galaxy Next Generation, Inc. (OTCQB:GAXY) ("Galaxy" or the "Company), a provider of interactive learning technology solutions, is pleased to announce that Thompson County School District in Colorado has initiated additional new purchase orders totaling $200,000.

The three new purchase orders are for G2 Communicator, Galaxy's Bell, Paging and Intercom products) and demonstrate Thompson's continued support for technology in the classrooms and school buildings.

Gary LeCroy, Galaxy's Chief Executive Officer, commented, "We have been working closely with Thompson County School District since late-2019, as they have continued to implement our technology solutions in all of their schools across their school district. These three purchase orders are a continuation of orders received last summer for Intercom upgrades, as we continue to work through each school in their district. There is a plan to complete the additional schools during the upcoming summer months, with the project totaling just under $1 million in additional revenue."

The Thompson R2-J School District is located in Loveland, Colorado and covers territory in Loveland, Berthoud, a southern section of Fort Collins and portions of Windsor, Johnstown and unincorporated parts of Larimer, Weld and Boulder counties. It is the 17th largest school district in Colorado, serving more than 16,000 students within 33 schools (20 elementary, 5 middle, 5 high, 1 K-8 and 2 charter).

For additional information on Thompson School District, please visit:

https://www.thompsonschools.org

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/635387/Galaxy-Next-Generation-Receives-200000-in-New-Purchase-Orders-from-Thompson-County-School-District-in-Colorado

FAQ

What is the significance of the new purchase orders from Thompson County School District for Galaxy Next Generation (GAXY)?

The new purchase orders totaling $200,000 represent ongoing business and revenue growth for GAXY, reflecting successful partnerships in the education sector.

How much total revenue does Galaxy Next Generation expect from the Thompson County School District's project?

Galaxy Next Generation anticipates nearly $1 million in total revenue from the ongoing technology upgrades for Thompson County School District.

When did Galaxy Next Generation start working with Thompson County School District?

Galaxy Next Generation began partnering with Thompson County School District in late 2019.

What types of products are included in the new orders for Thompson County School District?

The new orders include G2 Communicator and Galaxy's Bell, Paging, and Intercom products.