Zynex, Inc. Names Mr. Michael Hartberger as Chief Operating Officer
February 11, 2016 at 06:11 am EST
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Zynex, Inc. announced that on February 1, 2016, Mr. Michael Hartberger, commenced employment at the company to serve as the company's chief operating officer. As such, Mr. Hartberger will report to the company's chief executive officer, Thomas Sandgaard, and Mr. Hartberger will be in charge company's operations, principally Zynex Medical, Inc. electrotherapy products. Mr. Hartberger will also assist Mr. Sandgaard in dealing with the company's announced liquidity challenges due to low revenues and limited availability of borrowings under its existing revolving credit facility.
Prior to joining the company, Mr. Hartberger previously worked as chief operating officer and chief financial officer for Peak 10 Publishing LLC. From 2013 to 2015, Mr. Hartberger worked as the chief operating officer of Summit Container Corporation.
Zynex, Inc. develops, manufactures, markets and sells medical devices used for pain management and rehabilitation, as well as non-invasive fluid, sepsis and laser-based pulse oximetry monitoring systems for use in hospitals. The Companyâs devices are intended for pain management to reduce reliance on medications and provide rehabilitation and increased mobility through the utilization of non-invasive muscle stimulation, electromyography technology, interferential current, neuromuscular electrical stimulation and transcutaneous electrical nerve stimulation. The Companyâs products include Zynex Medical Products, which includes NexWave, NeuroMove, InWave, E-Wave and M-Wave; Private Labeled Supplies, which includes Electrodes and Batteries; Distributed Complementary, which includes Comfortrac/Saunders, JetStream/Pain Management Technologies, LSO Back Braces and Bracing, and Zynex Monitoring Solutions Products, which includes CM-1500, CM-1600, NiCO CO-Oximeter and HemeOx tHb Oximeter.