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Galaxy Next Generation, Inc., formerly FullCircle Registry, Inc., is a holding company focused on acquiring small profitable businesses to provide exit plans for their owners. Subsidiaries include FullCircle Entertainment, Inc., which acquires movie theaters and entertainment venues. With over 14 theater movie complexes, Galaxy aims to offer interactive learning technology solutions and school communication platforms. The company's products include interactive touch screen panels and various branded peripheral and communication devices distributed through a network of resellers across the U.S., primarily targeting the K-12 education market.
Galaxy Next Generation (OTCQB:GAXY) has secured a $750,000 contract for interactive panels from the Dalton Public School District in Georgia. The CEO, Gary LeCroy, emphasized the company's sales momentum and expanding presence in key markets as contributors to this win. This contract marks a significant step toward modernizing the district's educational technology. With a focus on K-12 education, Galaxy's products cater to nearly 90% of their sales. The Dalton school district serves over 7,000 students and aims to provide world-class learning opportunities.
Galaxy Next Generation (OTCQB:GAXY) has secured a renewal contract for its G2 Communicator from the Colorado Springs School District for a third consecutive year. This cloud-based communication solution enhances flexibility, allowing alerts and messages to be sent from any internet-enabled device within the school district. The Boulder Valley School District, a leader in academic excellence, serves 31,000 students across 56 schools. CEO Gary LeCroy emphasized the importance of this partnership, highlighting long-term functionality and commitment to delivering effective communication solutions.
Galaxy Next Generation, Inc. (OTCQB:GAXY) announced a contract renewal with Colorado Springs School District 11 for a second year, extending their Audio/Visual Installation services. This renewal reflects strong customer satisfaction and the effectiveness of Galaxy's business model, which prioritizes recurring revenue. The initial contract, awarded in October 2021, generated over $100,000 in revenue. CEO Gary LeCroy emphasized the importance of securing renewals to enhance their service to large school districts, supporting future growth opportunities.
Galaxy Next Generation, Inc. (OTCQB:GAXY) announced the launch of G2 aChat, a feature enhancing G2 Secure during the ISTELive22 event in New Orleans, LA on June 27, 2022. G2 aChat enables two-way communication with first responders and control of classroom lockdowns via mobile devices and intercom systems. This innovation aims to improve school safety and emergency response by facilitating quicker communication among school staff and responders. CEO Gary LeCroy emphasized the company's commitment to enhancing educational community safety with this technology.
Galaxy Next Generation (OTCQB:GAXY) has secured a new contract with the Licking Heights Local School District in Ohio for its G2 Communicator. This marks a significant step in Galaxy's geographic expansion strategy, showcasing the effectiveness of their strengthened sales team. CEO Gary LeCroy highlighted the company's role in the ongoing technology transformation in U.S. education. Demonstrations of the G2 Communicator will take place at ISTELive 22 from June 26-29, 2022, in New Orleans.
Galaxy Next Generation, Inc. (OTCQB:GAXY) announced the issuance of U.S. Patent No. 11,363,379 by the USPTO, enhancing its capabilities in interactive learning technology solutions. This patent supports the integration of the G2 Communicator and G2 Link systems, which improve classroom communication and monitoring. With this addition, Galaxy's patent portfolio now includes 2 issued patents and 3 pending applications. CEO Gary LeCroy emphasized the importance of intellectual property in their growth strategy, highlighting ongoing efforts to expand their patent portfolio.
Galaxy Next Generation (OTCQB:GAXY) has announced a complimentary one-year subscription to its G2 Visual Alerts security solution for all U.S. school districts. This cloud-based service enables rapid dissemination of lockdown messages across school devices, responding to the increasing concern over school safety. Galaxy aims to aid the education community while minimizing financial impact, as development costs for the solution have already been absorbed. This initiative highlights Galaxy's commitment to enhancing school security.
Galaxy Next Generation (OTCQB:GAXY) will present at the LD Micro Invitational XII Conference from June 7-9, 2022, in Westlake Village, CA. CEO Gary LeCroy and CFO Magen McGahee will host one-on-one meetings and deliver a presentation on June 8 at 1:00 PM ET. The event will be available via live stream.
Galaxy specializes in interactive learning technology solutions, with a significant focus on the K-12 education market, which accounts for nearly 90% of its sales.
Galaxy Next Generation (OTCQB:GAXY) has secured its first purchase order from the Farmington School District in New Hampshire, marking a significant milestone in its expansion into the Northeast market. The order includes G2 Interactive panels and accessories for 25 classrooms, showcasing the company's commitment to enhancing interactive learning technology solutions. CEO Gary LeCroy expressed confidence in the company's growing market presence and potential revenue opportunities in this new region, indicating a broader plan for increased penetration in the education sector.
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