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Galaxy Next Generation Announces Exclusive Interview with KLIK Communications President Discussing Proposed MergerTOCCOA, Ga., Aug. 07, 2018 (GLOBE NEWSWIRE) -- Galaxy Next Generation, Inc. (OTC:FLCR) (“Galaxy”), a U.S. distributor of interactive learning technology hardware and software, including touch screen panels for the educational and business sectors that create fully collaborative instructional environments, is pleased to announce the availability of an exclusive interview with KLIK Communications’ President, Costa Lakoumentas. In July, Galaxy signed a non-binding letter-of-intent (“LOI”) to acquire KLIK Communications (“KLIK”), a provider of innovative wireless presentation technology solutions. A Wireless Presentation System is a media streaming device that enables one or more users to wirelessly present content from a PC, tablet or smartphone on a bigger screen, using screen mirroring technology. During the interview with the RedChip Money Report, a financial television program airing on American Business Television and other outlets, Lakoumentas shares insight about the company’s uniquely positioned technology and its multiple user benefits that provide a distinct competitive advantage. He also discusses the multiple synergies, which Gary LeCroy, founder and CEO of Galaxy, previously noted, “could add up to $3 million in annual revenue while increasing profit margins on our entire product line to between 20% and 25%.” To watch the full interview, CLICK HERE.
KLIK Boks wireless presentation technology is offered in three models, addressing the specific needs of different organizations. From the full-featured and affordable CLASSIC, to the enhanced control and flexibility of the PLUS, or the premium, remotely-managed PRO, KLIK delivers the features and performance customers want, at a cost that fits their budget. 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 FLCR's business and operations and involve a number of risks and uncertainties. FLCR's forward-looking statements in this report are made as of the date hereof and FLCR 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 FLCR is identifying certain forward-looking information regarding, among other things, the merger of GALAXY into GMS, which is a wholly owned subsidiary of FLCR. 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 ability of FLCR to successfully complete the merger, to 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 FLCR' s other filings made from time to time with the United States Securities and Exchange Commission. Contact: Craig Brelsford |