Full Press Release Details
Attn. Mats Wahistrom
As we have previously discussed, as Chairman of the Board of Directors of Zynex, Inc. I write to formally request that you tender your resignation from
Zynex s Board of Directors.
As we discussed, the company needs to reduce its cost base, including director fees and I need a composition on the
board that is more in tune with my vision for the company during this time of turnaround and going forward.
I request that your resignation be delivered
to me in writing and be effective no later than January 10, 2014. I also kindly request that, in order to address SEC disclosure obligations, your written resignation include a statement that your resignation is not due to a disagreement with
Zynex on any matter relating to Zynex s operations, policies or practices.
I want to thank you for your service, time, effort and dedication you
have put into making the Zynex board of directors professional and highly productive. As discussed Zynex will maintain D&O insurance for you for a period of three years.
| Sincerely, |
| Thomas Sandgaard |