LITTLETON, Colo.--(BUSINESS WIRE)--Zynex Medical Holdings, Inc. (OTCBB: ZYNX), a provider of pain management systems and electrotherapy products for medical patients with functional disability, reported its financial results for the first quarter of 2007. Revenue increased 164.6% to $1,336,731, income from operations was $439,464 and net income $231,681 for the quarter.