OTCQB: ZYXI

Investor Presentation August 2017

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, 2016, as updated in 2017 quarter periods. 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.

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Zynex Overview

• Medical Device Manufacturer o Non-invasive, conservative pain treatment o Neuro-Monitoring, Stroke Recovery o Blood volume monitoring

• Publicly Traded OTCQB: ZYXI • In operation since 1996, headquartered in Lone Tree, Colorado • >60%+ recurring revenue with more than 350,000 patients treated since

inception • High Gross Profit Margin of >75% • Estimated $3.7 b market potential

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Market Opportunity

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AVAILABLE MARKET ~$3.7B

ZYNEX MEDICAL Electrotherapy Devices $500M

ZYNEX MONITORING SOLUTIONS Cardiac Monitoring Devices $3B

ZYNEX NEURODIAGNOSTICS Biofeedback/Rehab $220M

Market size based on internal management estimates and various market sources

Business Unit Structure

Zynex, Inc.

Zynex Medical Electrotherapy

Neurodiagnostics EMG &EEG

Stroke Rehab

Monitoring Solutions Blood Volume Monitoring

(R&D)

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Business Unit Summary

• ZYNEX MEDICAL (ZMI) o Non-invasive electrotherapy pain management devices “TENS” (90% of

historical revenue) • RX required, insurance billed • >75% GPM, >60% recurring revenue (consumable supplies and

rentals)

• ZYNEX NEURODIAGNOSTICS (ZND) o EEG EMG diagnostics B:B products (2% of historical revenue) o NeuroMove Stroke Rehab product

• ZYNEX MONITORING SOLUTIONS (ZMS) o In development, non-invasive blood volume monitor (Zero revenue)

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Products – Zynex Medical

• Complete line of electrotherapy pain management devices-FDA cleared and CE marked

• Augments healing, alleviates swelling through increased blood circulation, and reduces both acute/chronic pain through the use of electrical currents

• Requires a prescription

• Requires Consumables • Reimbursed by health insurance

• May be rented or purchased

• $500 million industry worldwide

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NexWave

Consumables (battery/electrode)

OTCQB: ZYXI

Products – NeuroDiagnostics

• Stroke/spinal cord rehabilitation devices-FDA cleared and CE marked

• Augment healing, as well as

assist in recovery for stroke, Spinal Cord Injuries and Traumatic Brain Injury, retrains muscles, increases range of motion

• Consumables required

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NeuroMove

Consumables (electrodes)

OTCQB: ZYXI

Products – Monitoring Solutions

• CM1500 – non invasive blood volume monitor

• Used in operating and recovery

rooms to detect blood loss and internal bleeding

• FDA 510(k) application submitted in

Sept. 2015. Ongoing clinical evaluation underway

• Patent filed

• $3b market potential

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Blood Volume Monitor (in development)

OTCQB: ZYXI

Current Business Factors

• Zynex Medical – Electrotherapy Pain Management o Rapid Growth through expanding sales force. o EMPI announced exit from TENS market in Late 2015/Early 2016. o Opioid epidemic favor using Zynex’s NexWave as 1st Line-Of-Defense.

• Zynex Monitoring Solutions - CM1500 o Sept 2015 – FDA 510(k) application filed for clearance of CM1500

monitoring device. o CE marking (European Market) in progress. o The CM1500 is capable of monitoring a patient's fluid levels, including

blood loss, during surgery and in recovery. o Product fully developed.

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Long Term Objectives

• Up-listing to a senior exchange NYSE MKT or NASDAQ

• Grow recurring revenue streams • Generate consistent net earnings and positive

free cash flow • Reinvest to develop devices and applications

with high GPM • Focus on driving value thru organic growth

and strategic acquisitions

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Executive Team 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 bachelor’s degree in electronics engineering from University of Southern Denmark and an MBA from Copenhagen Business School. Mr. Sandgaard has an in-depth knowledge of the industry and is the driving force as to the Company strategies.

Dan Moorhead joined the company in June 2017 as CFO. Mr. Moorhead has over 20 years of experience in a variety of finance roles serving both public and private companies. For the last 10 years, he worked at Evolving Systems, Inc. (a Nasdaq listed company), most recently as Chief Financial Officer after having served as Vice President of Finance & Administration and Corporate Controller. Mr. Moorhead is a CPA and holds a B.B.A. in Accounting from the University of Northern Colorado.

Robert Bird is VP of Marketing responsible for all marketing, in-side sales and compounding products within the rehabilitation and pain management markets 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.

Michael Frabotta is VP of sales and is responsible for Zynex Medical’s sales organization promoting electrotherapy and compound pharmacy products throughout the United States. Mr. Frabotta has over 14 years of successful sales and management experience with RS Medical and ERMI, Inc. At RS Medical a once national competitor in the electrotherapy arena he successfully served as a Director of Sales, National Director of Payor Contracting, Regional Manager, and Sales Representative. Mr. Frabotta received a Bachelor of Science in Nursing from the University of Pittsburgh where he specialized in Orthopaedics.

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Company Milestones 1996 • Founded by Thomas Sandgaard

1999 • FDA clearance on first Zynex E-Stim device

2001 • Shifted from wholesale to direct sales to physicians and patients

2004 • Reverse merger into a public entity

2008 • Received European CE mark on key products

2010 • Established NeuroDiagnostics (EEG/Sleep) and Monitoring (blood volume) subsidiaries

2011 • Commenced clinical evaluations for Blood Volume Monitor device

2015 • TENS business begins to grow. EMPI (largest competitor) exits TENS market

2015 • Filed FDA 510K application for CM1500 monitoring device

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Contact Information

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Amato and Partners, LLC Investor Relations Counsel 90 Park Avenue, 17th Floor

New York, NY 10016 admin@amatoandpartners.com

Zynex, Inc.

10000 Park Meadows Drive Lone Tree, CO 80124

Telephone: (303) 347-9153 www.zynex.com