EX-99.1 2 c13657exv99w1.htm EXHIBIT 99.1

Exhibit 99.1

March 2011 1

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March 2011 2 Forward Looking Statements Statements made in this presentation include financial estimates and forward-looking statements that are not historical facts. Each of these estimates and forward-looking statements involves risk and uncertainties. These estimates are based on present circumstances, information currently available, and assumptions about future revenues, industry growth, and general economic conditions. Estimates are inherently uncertain as they are based on assumptions concerning future events. No representations can be made as to the accuracy of such information or the reliability of such assumptions. Accordingly, actual revenues and expenditures may vary significantly from the Company's estimates, and actual results or developments may differ materially from those expressed or implied by the forward-looking statements. Factors that could cause actual results to differ from the financial estimates and forward-looking statements in this presentation include those described in the Company's filings with the Securities and Exchange Commission, including the "Risk Factors" section of the Company's Annual Report on Form 10-K for the year ended December 31, 2009. Therefore, neither the Company's estimates nor the assumptions upon which they are based are to be interpreted as a guarantee or promise of the Company or management. The Company has no obligation to modify, amend, update, alter, or change the estimates contained herein. The Company intends to release its financial results for the year ended December 31, 2010 on Thursday March 10, 2011 and this presentation will not discuss 2010 financial results. In addition, the Company's 2010 revenue guidance is valid only as of the date it was given, November 8, 2010, and is not being updated or reaffirmed herein. For more information, please contact:Anthony Scaleseascalese@zynexmed.com Zynex, Inc.9990 Park Meadows DriveLone Tree, CO 80124Telephone: (303) 703-4906 Facsimile: (303) 347-9153 www.zynexmed.com

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March 2011 3 Business Highlights Publicly Traded OTCBB: ZYXIIn operation since 1996Primary current business- Manufacturer of Electrotherapy home pain management devices (billed to insurance) Helped over 100,000 patients since inceptionHigh growth 54% CAGR since 1996>70%+ recurring revenue (>40,000 units in the field)4% market share in a $550M current marketOnly 2 significant competitors in core market$2B+ potential market for new subsidiariesHigh GPM of 75-80%Cash flow positiveStrong Balance Sheet w/ very little debt. Debt/Equity ratio 0.15Long-term strategyLeverage the increasingly profitable "cash-cow" and technology from the electrotherapy business to fuel growth in our two new business units.Expand geographic reach to gain market shareContinue adding domestic sales reps International expansion through distributorsContinued design and introduction of new products to improve COGSWorking towards obtaining listing on AMEX/NASDAQ

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March 2011 4 Business Structure 100% of Revenue In Development

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March 2011 5 Zynex Medical-Existing Business Revenue 1,000's 96 97 98 99 '00 '01 '02 '03 '04 '05 '06 '07 '08 '09 '10* Revenue 36 211 491 552 911 1190 1387 1084 1256 2300 3500 8000 11700 18681 24085 54% CAGR *2010 estimated revenue based on Q4 guidance given on Nov 8, 2010

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March 2011 6 Zynex Medical-Existing Business Barrier to entry for most Zynex-focus on customer service Zynex-proven system/process Continued geographic expansion for growth More units in field = greater recurring revenue

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March 2011 7 History History

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March 2011 8 Strategic Direction of 2 New Subsidiaries ("the Future") (ZMS) Monitoring Solutions:Cardiovascular Monitoring, such as Blood Volume Monitoring during surgery, in the recovery room, etc.Patent filed, prototyping well under way (positive results)Complementary technology acquisitions planned Estimated $1.5B Market (ZND) NeuroDiagnostic:EMG, EEG diagnostic equipment, nerve tracers, nerve conductivity.We believe our existing hardware technology is superior to current vendors in this market. Substantial engineering efforts planned for 2011 and 2012.Complementary technology acquisitions plannedEstimated $700m Market

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March 2011 9 Current & Future Markets ~$550M ~$1.5B ~$700M TAM ~ 2.7B

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March 2011 10 Zynex's Long-Term Goal Become a strong, global Medical Device playerFocus on products/applications with high GPM'sRecurring revenue growth Only take calculated risksManage balance sheetCash flow positiveContinue high growth with a mix of acquisitions/organic based on valuation=stock price=private equity with low dilution and/or loan-based financing

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March 2011 11 Creating Shareholder Value NowGet off the OTCBBWorking toward listing on AMEX/Nasdaq$3.5M Line of Credit in place for current growth (~$1.0 borrowed)Drive Revenue and Earnings Growth with existing business! 1-2 Years OutAcquisitions to rapidly grow 2 new subsidiariesIntroduce new products in the hospital marketsContinue to grow existing business for increased positive cash flow

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March 2011 12 Corporate & Ownership Structure Common Stock: 30,600,000 shares outstandingLimited overhang, only 1,800,000 in employee stock options and 80,000 warrantsAuditors: GHP Horwath, PCCorporate Counsel: Faegre & Benson LLPBOD: T. Simonton, M. Vitale, M. Wahlstrom, T. Sandgaard Thomas Sandgaard - Founder & CEO Rest of the Float 60 40

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March 2011 13

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March 2011 14 Highlights Historical growth 54% CAGR (existing ZMED)Established recurring revenue stream (40k+ units in field)Strong balance sheet (very little debt)Significant opportunity in new subs (ZMS, ZND)Additional $2.2B marketWorking toward listing on AMEX/Nasdaq No capital needed until we start acquiring

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March 2011 15 CONTACT INFO: For more information, please contact:Anthony Scaleseascalese@zynexmed.com Zynex, Inc.9990 Park Meadows DriveLone Tree, CO 80124Telephone: (303) 703-4906 Facsimile: (303) 347-9153www.zynexmed.com

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March 2011 16 Stock symbol: ZYXI