Health & Fitness
Health and Fitness
Health and Fitness
Tue, November 18, 2008
Mon, November 17, 2008 
OREM, Utah--([ BUSINESS WIRE ])--ZYTO Corp (Pink Sheets:ZYTC) announces an EBITDA profit of $55,000 for the third quarter of 2008. This is an increase of 206% compared with the third quarter of 2007. Year to date net sales increased 13% compared to 2007. According the Kami Howard, CFO, "These numbers reflect a significant shift in the momentum of the company and the trend continues positive into the fourth quarter."
According to Vaughn R Cook, CEO, ZYTO has focused its energy during the last several months on sales and marketing. During the first part of 2008 ZYTO moved from inside salaried sales personnel to outside independent sales representatives and distributors. According to Cook, "This change in structure has provided a more stable and expansive penetration of the marketplace globally."
This new sales structure allows ZYTO to expand into new markets more rapidly without significant increases in fixed costs. Momentum is building and management is optimistic that this trend of profitable growth will continue into the foreseeable future.
In addition to a sharper sales focus, overhead has been cut substantially and development schedules have been adjusted to maximize sales of existing products.
About ZYTO Corp
ZYTO Corp was founded by Dr. Vaughn R Cook, OMD. The company provides decision support technology for the healthcare industry. Information about the company, including financial information can be found at [ http://www.pinksheets.com/pink/quote/quote.jsp?symbol=zytc ]. Information is also available at [ www.ZYTO.com ] or contact their headquarters at 801-224-7199.
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the Company's products, increased levels of competition, new products and technological changes, dependence upon third-party suppliers, intellectual property rights, and other risks detailed from time to time in the Company's periodic reports.
