TOCCOA, Ga., Nov. 27, 2018 (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, today announced Small Cap Consumer Research, LLC, a leading company-sponsored research services firm, initiated coverage of Galaxy.
The report highlights Galaxy’s nearly two-decade track record in the education technology space, an estimated $17.7 billion market, and its plans moving forward, marked by exclusive partnerships and strong competitive advantages that position the company to “drive material, profitable bottom line results.”
Read the full report: http://www.gaxyinfo.com/GAXY%20Initation%2011-13-18.pdf
Research note update: http://www.gaxyinfo.com/GAXY%20Note%2011-20-18.pdf
About Galaxy Next Generation, Inc.
Galaxy Next Generation 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.
Forward-Looking Statements
Certain statements contained in this press release are forward-looking statements and are based on future expectations, plans and prospects for GAXY's business and operations and involve a number of risks and uncertainties. GAXY's forward-looking statements in this report are made as of the date hereof and GAXY disclaims any duty to supplement, update or revise such statements on a going forward basis, whether as a result of subsequent developments, change, expectations or otherwise. In connection with the "safe harbour" provision of the Private Securities Litigation Reform Act of 1995 GAXY is identifying certain forward-looking information. Actual events or results may differ materially from those contained in these forward-looking statements. Important factors that could cause further events or results to vary from those addressed in the forward-looking statements include, without limitation, risks and uncertainties arising from the implementation of Galaxy's business plan; uncertainties relating to the ability to realize the expected benefits of the merger; unanticipated or unfavorable regulatory matters; general economic conditions in the region and industry in which GALAXY operates, and other risk factors as discussed in GAXY' s other filings made from time to time with the United States Securities and Exchange Commission.
Contact:
Craig Brelsford
RedChip Companies
407.644.4256
craig@redchip.com