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  4. Galaxy Next Generation Inc. (GAXYQ) Message Board

$GAXY TOCCOA, Ga., March 11, 2019 (GLOBE NEWSWIRE

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Posted On: 03/11/2019 8:20:07 AM
Posted By: hotforpenny
$GAXY
TOCCOA, Ga., March 11, 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 that the Company presented its state-of-the-art SLIM panel at this year's North Carolina Technology in Education Society, (NCTIES), a membership association “for educators and educator leaders engaged in advancing excellence in learning and teaching through the effective use of technology”, allowing its members to network, trade ideas, and to experience the latest technologies at the Raleigh Convention Center. This is the 2nd Conference of its kind in 2019 Galaxy has attended, (please see Press Release Dated 1-29-19, “Galaxy Next Generation on Display with new SLIM LCD panel at Future in Educational Technology Conference in Orlando, Florida”).

Joining Galaxy Next Generation is Focus Audio Video, one of its new resellers mentioned in its press release dated 2-3-19, “Galaxy Next Generation Announces 3 New Resellers with Combined Experience of More than 90 Years Thereby Expanding its Growth Both Geographically and Vertically.”

Said Gary LeCroy, CEO of Galaxy, “Just as technology has both disrupted and improved our economy, education and training is in the beginning stages of a tech revolution of its own, and we are here to use it to harness the potential that exists in all students.”

Magen McGahee, COO/EVP of Galaxy added, "It has been a busy six weeks for us having now having presented our latest technology at 2 of the premier conferences of their kind in the U.S., reducing $5m in consolidated debt from our balance sheet, engaging 3 new resellers and releasing our Q2, 2019 numbers.”

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.

CONTACT:

Galaxy Next Generation, Inc.

Investor Relations

mgilbert@magellanfin.com


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