GAXY - Galaxy Next Generation bags renewal contract for district-wide AV installation
- Galaxy Next Generation ( OTCQB:GAXY ) was awarded a renewal contract from Colorado Springs School District 11 for a 2nd year.
- The Audio/Visual Installation contract was originally awarded in October 2021.
- "This single contract accounted for over $100,000 in revenue from October 2021 through the renewal period of July 1, 2022," said Magen McGahee, CFO.
- "Securing renewal contracts is a testament to our customer service and superior products," said Gary LeCroy, Chief CEO. "This customer chose to extend their contract with us for an additional year after working with us for several months, which proves our ability to service larger school districts and provides an excellent use case to win additional business with other large school districts."
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Galaxy Next Generation bags renewal contract for district-wide AV installation