Zynex, Inc. (OTCBB: ZYXI),
a provider and developer of non-invasive medical devices for
electrotherapy, stroke rehabilitation, neurological diagnosis and
cardiac monitoring, announced that it has acquired the ZYNEX.com
Internet domain from a Texas-based company.
Zynex's CEO, Thomas Sandgaard, commented; "As our business continues to
grow, our name recognition has become more important. Therefore, we
believed that negotiating to acquire the ZYNEX.com Internet domain was
important for our future. We will utilize this asset to solidify our
Zynex brand and incorporate it into our existing Internet activities to
make it easier for our customers and business partners to communicate
with us.”
About Zynex
Zynex, Inc. (founded in 1996), operates under three primary business
segments; Zynex Medical, Zynex NeuroDiagnostics and Zynex Monitoring
Solutions. Zynex Medical engineers, manufactures, markets and sells its
own design of electrotherapy medical devices for standard digital
electrotherapy, used for pain relief, pain management and stroke and
spinal cord injury rehabilitation. Zynex Medical’s product lines are
fully developed, FDA-cleared, commercially sold, and have been developed
to uphold the Company's mission of improving the quality of life for
patients suffering from impaired mobility due to stroke, spinal cord
injury, or debilitating and chronic pain. Zynex NeuroDiagnostics,
currently in the development stage, has been established to market EMG,
EEG, sleep pattern, auditory and nerve conductivity neurological
diagnosis devices through product development or acquisitions. Zynex
Monitoring Solutions, currently in the development stage, has been
established to develop and market medical devices for non-invasive
cardiac monitoring.
For additional information, please visit: http://www.ir-site.com/zynex/default.asp.
Safe Harbor Statement
Certain statements in this release are "forward-looking" and as such are
subject to numerous risks and uncertainties. Actual results may vary
significantly from the results expressed or implied in such statements.
Factors that could cause actual results to materially differ from
forward-looking statements include, but are not limited to, the need to
obtain additional capital in order to grow our business, our ability to
engage additional sales representatives, the success of such additional
sales representatives, the need to obtain FDA clearance and CE marking
of new products, the acceptance of new products as well as existing
products by doctors and hospitals, larger competitors with greater
financial resources, the need to keep pace with technological changes,
our dependence on the reimbursement from insurance companies for
products sold or rented to our customers, acceptance of our products by
health insurance providers, our dependence on third party manufacturers
to produce our goods on time and to our specifications, implementation
of our sales strategy including a strong direct sales force, the
uncertain outcome of pending material litigation and other risks
described in our filings with the Securities and Exchange Commission
including the “Risk Factors” section of our Annual Report on Form 10-K
for the year ended December 31, 2011.
