Subject: GAXY Reports on Year End Results: This is Must Read

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GAXY Reports on Year End Results: This is Must Read
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Company: Galaxy Next Generation, Inc. (OTCQB: GAXY)


Price: 0.96

Change (%): + 0.03 (3.23)

Volume: 4,868
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Galaxy Next Generation Reports Fiscal Year 2019 Annual Results

TOCCOA, GA / ACCESSWIRE / October 1, 2019 / Galaxy Next Generation, Inc. (OTCQB:GAXY), a provider of interactive learning technology solutions, today announced the Company’s operating and financial results for the fiscal year ended June 30, 2019.

Management Commentary

“We had a very successful fiscal year 2019 in regards to both our business progress and capital markets strategy,” commented, Gary LeCroy, Galaxy’s Chief Executive Officer. “We launched several new products in order to offer a more robust and complete total classroom solution. The hard work of our sales and marketing team has been rewarded by many new reseller agreements, contract wins and successful deployments. And most recently, we have closed the acquisition of Interlock Concepts, which we are really excited about in what it brings to us for innovative and unique audio technology and solutions. We believe Interlock Concepts will accelerate our revenue growth over the next year.”

LeCroy concluded, “Our sales pipeline of opportunities we have identified and are competing for is as robust as ever. We believe this is just the beginning of a major technology turnover cycle in the K-12 education market and we look forward to being a major participant in it. Our capital markets efforts including attending several investor conferences and increasing our awareness with high net-worth individuals, retail brokers and smaller funds and family offices has improved our stock liquidity.”

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