LAS VEGAS, NV--(Marketwire - October 30, 2009) - Cardio Infrared Technologies, Inc. (PINKSHEETS: CDOI) www.cardio-cor.com, a leading Health and Wellness technology and marketing company, announced today that it has received orders from a new Florida-based client for two of the Commercial Cardio Cor bikes and six Personal Cardio Cor II™ bikes.
Wayne Bailey, President and CEO of Cardio Infrared Technologies, Inc., stated: “A new customer in Florida has ordered two Cardio Cor units for immediate delivery and six Cardio Cor II units for delivery as soon as they are available in first quarter 2010. The sales revenue of this order exceeds $100,000. We have also taken orders from customers in San Francisco, CA, Palm Springs, CA, Hollywood, CA, Palm Beach, FL, New York, NY, Salt Lake City, UT, Atlanta, GA and Atlantic City, New Jersey for the new Cardio Cor II™. The orders placed now total well over $300,000. It is understood that additional orders will be received soon and will result in the new production capacity being sold out for the first three months of 2010 production. Additional demand for the Cardio Cor II™ will be generated at the “Anti Aging Show “coming in Las Vegas mid December.”
New customers are being told to get their orders in now or they will be on a waiting list that takes them to mid year 2010.
About Cardio Infrared Technologies, Inc.
Cardio Infrared Technologies, Inc. is a technology and marketing company, which is focused on developing the revolutionary and evolutionary process of combining exercise equipment with medical benefits that go far beyond the normal benefits of standard exercise equipment. Cardio Infrared Technologies, Inc. is committed to continue to market this equipment to the exercise and medical markets and to aggressively expand the market to every country around the world. The equipment has already been featured on “Good Morning America” and “The View.” Cardio Infrared Technologies, Inc. also has an aggressive growth plan that includes acquisitions and development of innovative new equipment and programs in the exercise and medical industries.
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.The words or phrases “would be,” “would allow,” “intends to’” “will likely result,” “are expected to,” “will continue,” “anticipate,” “expect,” “estimate,” “project,” “indicate,” “could,” “potentially,” “should,” “believe,” “considers,” or similar expressions are intended to identify “forward-looking statements.” Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. These include the company’s historic lack of profitability, end user customer acceptance and actual demand, which may differ significantly from expectations, the need for the company to manage its growth, the need to raise funds for operations and other risks within the regulation of the industry. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company’s past performance is not necessarily indicative of its future performance. The Company does not undertake, and the Company specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, events or circumstances after the date of such statement.
Contact:
Wayne Bailey
Email Contact
www.cardio-cor.com
