Audio Products and Accessories for the K-12 Education Market
TOCCOA, GA / ACCESSWIRE / September 21, 2020 / Galaxy Next Generation, Inc. (OTCQB:GAXY) ("Galaxy" or the "Company), a provider of interactive learning technology solutions, is pleased to announce that it has received a follow-on purchase order of $1.5 million from an OEM customer to provide its innovative audio products and accessories for use in the K-12 education market.
This purchase order for 2,200 units is in addition to the initial order of 1,000 units, which are currently being shipped. The purchase orders are being provided under a supply agreement for the 4,000 units in the first year, and is renewable for up to two additional years.
Gary LeCroy, Galaxy's Chief Executive Officer, commented, "We are very pleased to have been chosen by this OEM customer to enable its audio system solution targeted for the K-12 education market. We believe that both its existing and future customers will be utilizing and implementing audio systems to integrate into their total district, school and classroom technology solutions."
"Our OEM division is part of our vast expansion plan," continued, LeCroy. "As we continue to cultivate and grow the existing relationships we have, we are also developing new products and new relationships, with strategic partners, in our OEM distribution channel."
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.
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SOURCE: Galaxy Next Generation, Inc.