LONE TREE, Colo., Aug. 16, 2016 /PRNewswire/ -- Zynex (OTCQB: ZYXI), an innovative medical technology company specializing in the manufacture and sale of non-invasive medical devices for pain management, stroke rehabilitation, neuro diagnostics, cardiac and blood volume monitoring, announced today July 2016 electrotherapy orders.
Zynex received 1,912 orders during the month of July, 104% more than the 937 orders received in July of last year and 8% less than June orders.
Thomas Sandgaard, CEO commented: "We are currently receiving orders at a rate of more than twice of the level last year and have stabilized at that level, primarily due to our capital constraints. We have the potential to grow significantly more but are significantly limited in our ability to build new products for patient orders and field demo units. July and August are traditionally slow due to summer vacations and at this point we are estimating August orders to come in around 2,000. We are diligently seeking additional funding to take advantage of the huge electrotherapy market potential with very little competition."
Zynex, founded in 1996, markets and sells its own design of electrotherapy medical devices used for pain management and rehabilitation; and the company's proprietary NeuroMove device designed to help recovery of stroke and spinal cord injury patients. Zynex is also developing a new blood volume monitor for use in hospitals and surgery centers. For additional information, please visit: Zynex.com.
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Contact: Zynex, Inc. 303-703-4906