Zynex, Inc.

Zynex, Inc.

Sector: Surgical And Medical Instruments And Apparatus Region: CO, United States

: | OTC Markets: ZYXI

Zynex (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 electrotherapy, used for pain management and rehabilitation. Zynex Medical’s product lines are fully developed, FDA-cleared and commercially sold world-wide. Zynex NeuroDiagnostics, sells the company's proprietary NeuroMove device designed to help stroke and spinal cord injury patients and is currently expanding into markets for EMG, EEG, sleep pattern, auditory and nerve conductivity neurological diagnosis devices through product development and acquisitions. Zynex Monitoring Solutions, currently in the development stage, has been established to develop and market medical devices for non-invasive cardiac monitoring.

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Mar 27, 2014 11:00 am | Zynex 2013 Year End Conference Call

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Zynex Medical, Inc.

Zynex (founded in 1996 by Thomas Sandgaard) engineers, manufactures, markets and sells its own design of medical devices in three subsidiaries. Zynex Medical is a provider of electrotherapy products for home use, Zynex Monitoring Solutions develops products for cardiac monitoring for use in hospitals and Zynex NeuroDiagnostics develops devices for EMG and EEG diagnostic purposes in the neurology clinic markets. Zynex Medical's product line is fully developed, FDA-cleared, commercially sold, and has 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, Inc. video

Zynex Medical, Inc.

Zynex, Inc. video

NeuroMove Therapy


Thomas Sandgaard, Chairman of the Board, President and Chief Executive Officer
Thomas Sandgaard has been the Chairman of the Board, President and Chief Executive Officer of Zynex, Inc. since founding the company in 1996. He has previously held management positions with companies such as ITT, Siemens, GN Danavox, Dataco and Philips. Most of his work has been in the areas of international sales and distribution, technology transfers, mergers and marketing management in the semiconductor, telecommunications, data communications and medical equipment industries. Mr. Sandgaard has a degree in electronics engineering from Denmark’s Odense University of Engineering and an MBA from Copenhagen Business School. Mr. Sandgaard has an in-depth knowledge of the industry and is the driving force of the Company strategies.
Anthony Scalese, Chief Financial Officer
Anthony Scalese has been Chief Financial Officer of Zynex, Inc. since September 2010. Mr. Scalese has over 15 years of experience in accounting, finance and operations and has spent the past 13 years of his career in the high-tech and healthcare industries. His most recent position was Chief Financial Officer for Qualmark Corporation, a publicly held global manufacturer of durability testing equipment. Mr. Scalese joined Qualmark in February 2000 as Corporate Controller and also served as President for various subsidiaries of Qualmark. He previously held positions at Coram Healthcare (now Apria Healthcare) as well as Foundation Health Systems (now Healthnet). Mr. Scalese is a Certified Public Accountant licensed in Colorado, received a Masters in Business Administration from the University of Colorado and a Bachelor of Science in Business Administration from Colorado State University. Mr. Scalese’s previous experience includes public company reporting, merging and integrating companies, raising capital and divesting non-core businesses.
Robert Bird, National Sales Manager
Robert Bird is the National Sales Manager responsible for all domestic sales within the rehabilitation and pain management markets and directs all domestic sales activities for the Zynex Medical division of Zynex. Mr. Bird has over 20 years of sales and management experience and holds a B.S. Degree in Business Administration from California State University, Hayward.
Robert “Bob” Cozart, VP of Technical Operation
Robert “Bob” Cozart is the VP of Technical Operation who develops and manages all of the teams that make up the Purchasing, Production, Service, Warehouse, Facilities, and Shipping and Receiving departments. Mr. Cozart has over 26 years of management experience in electronics manufacturing, primarily with Class II and Class III medical devices with such companies as HEI, Colorado Medtech, Pfizer/Valleylab and Medtronic. Mr. Cozart holds an MBA from Creighton University in Omaha and a BS in Business from the University of Colorado in Boulder.
Victoria Cordova, Director of Human Resources
Victoria Cordova is the Director of Human Resources at Zynex after extensive Human Resources experiences at Evergreen Energy, US Foodservice, and Spectrum Laboratories. She is a senior leader with responsibilities in all areas of Human Resources including benefits, policies, and procedures, fiduciary responsibilities of 401(k) plans, compensation, HRIS, payroll, and regulatory compliance. Ms. Cordova is the consummate business partner and effective team player with strong motivational skills and the capacity to develop peak levels of staff performance. Excellent communication and analytic skills with the ability to interface with individuals at all levels are hallmarks of her management skills. Her Masters from the University of Phoenix follows her Bachelor’s degree from the University of Phoenix in Business Management/Global Management.
Jim Arnold, Quality Assurance and Regulatory Manager
Jim Arnold serves as the Quality Assurance and Regulatory Manager that develops and manages the Quality Management System for Zynex Medical, Inc. in an FDA/ISO 13485 environment. Mr. Arnold coordinates the Customer Complaint System and assists in investigations and coordinates corrective and preventive actions. He implements process improvement activities and develops procedures for inspection of medical devices. Mr. Arnold is responsible for all of the Zynex Medical quality assurance procedures. He has a B.A. in Management from Colorado Christian University in Lakewood, Colorado and an Associates Degree in Mechanical Engineering Technology from Metropolitan State College in Denver.

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