Zynex, Inc. (ZYXI.OB) Makes Strides in Industry
Colorado-based company Zynex announced it has increased orders for the month of August 2008 by 121%. Zynex (OTCBB: ZYXI) is a provider of pain management systems and electrotherapy products for patients with functional disability. Zynex, founded in 1996, received 2,252 orders in August versus 1,021 orders 12 months ago. The increase in demand for Zynex products is an indication that the young company is quickly becoming a leader in its field. The company is led by CEO Thomas Sandguaard who founded Zynex in 1996. Sandguaard holds an MBA from the Copenhagen Business School and had a successful career in Europe…