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Industry | 2010.03.22

Zynex Announces New and Expanded Credit Agreement and Preliminary Fiscal Year 2009 Net Cash Balance

LITTLETON, Colo.--(BUSINESS WIRE)--Zynex, Inc. (OTCBB: ZYXI), a provider of pain management systems and electrotherapy products for medical patients with functional disability, announces that Zynex, Inc. and its subsidiary, Zynex Medical, have entered into a new 3-year revolving credit facility of up to $3.5 million with CapitalSource Bank, a California industrial bank, and have retired its prior credit agreement with Marquette Healthcare Finance. The new credit agreement with CapitalSource will

 

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