ACCESS Newswire
24 Mar 2020, 18:01 GMT+10
TOCCOA, GA / ACCESSWIRE / March 24, 2020 / Galaxy Next Generation, Inc. (OTCQB:GAXY) ('Galaxy' or the 'Company), a provider of interactive learning technology solutions, today announced that it received three additional purchase orders totaling approximately $225,000 from Thompson County School District in Colorado. The bell and intercom installations are scheduled for its Bill Reed Middle School, Conrad Ball Middle School and Lucille Erwin Middle School.
The original district-wide contract was awarded to Galaxy in December 2019 and this is now the second additional, with the first being February 2020, purchase order, further demonstrating the ongoing relationship and outstanding product solutions and service by Galaxy.
Gary LeCroy, Galaxy's Chief Executive Officer, commented, 'This third purchase order in just over three months from Thompson County School District reflects a recurring revenue aspect of our business model. It also demonstrates the strength of our products and technology solutions causing a county or school district to share in our vision of a total district, school and classroom technology solution.'
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:
[email protected]
p888-859-1274
SOURCE: Galaxy Next Generation, Inc.
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