TOCCOA, Ga., Feb. 12, 2019 (GLOBE NEWSWIRE) -- Galaxy Next Generation, Inc. (OTCQB:GAXY) ("Galaxy"), a U.S. distributor of interactive learning technology hardware and software that create fully collaborative instructional environments is pleased to announce the signing of 3 new resellers which will Increase STEM learning for students in an ever-growing list of states.
About Galaxy’s New Resellers:
Benecom Technologies which has been a mainstay for 25 Years in Mississippi, Louisiana, Alabama, and Southern Tennessee in the Network Support, Networking Equipment, and Hardware Maintenance areas, and gives Galaxy additional growth opportunities in several additional states in the South.
Focus Audio Video, a family owned Indiana company with over 25 Years of experience in the technology industry and whose many products and services including Interactive whiteboards, projectors, projection screens and flat panel display which are integral to Galaxy, allows the company an entry into the Midwest.
Rutland Low Voltage Systems of Georgia, now in its 5th Decade, solidifies Galaxy’s entrenchment in its home state helping to round out its Audio / Visual portfolio.
Said Gary Lecroy, CEO of Galaxy, “As I mentioned on the January 29th Press Release”, ‘We will continue to expand our presence and access to additional markets’. He added, “And we are doing just that.”
As Magen McGahee, COO/EVP of Galaxy explained regarding the sector, “We would like to remind our current shareholders as well as those new to Galaxy that the Interactive Display market was nearly $10 billion just a few short years ago and is expected to be $27 billion by 2022.”
The Company expects to release Q2 Earnings on/before February 15, 2019.
About Galaxy Next Generation, Inc.
Galaxy Next Generation (OTCQB: GAXY) is a U.S. distributor of interactive learning technology hardware and software 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.
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.
CONTACT:
Galaxy Next Generation, Inc.
Investor Relations
mgilbert@magellanfin.com
317-361-2392