LAS VEGAS, Jan. 5, 2009 (GLOBE NEWSWIRE) -- Cardio Infrared Technologies, Inc. (Pink Sheets:CIRT) announced today they attended the world's largest Anti-Aging show at the Sands Convention Center in Las Vegas, attended by 10,000 doctors from around the world, and had huge success in sales and attendee interest.
Wayne Bailey, President and CEO of Cardio Infrared Technologies, Inc., stated, "This year's Anti-Aging show had improved attendance by nearly 20% as compared to last year's show. Attendees did not seem to be concerned about the economy and were willing to purchase new Cardio-Cor products and equipment. Our booth's prime center location drew outstanding response, requiring the addition of two extra sales people to handle the additional customers. Representatives were also present from some of our suppliers to answer questions about the new products. The quality and the number of sales and leads generated at the Anti-Aging show is many times that generated at any other show. Cardio's photographer working the show took both still and video of the booth and people interested in the Cardio-Cor. The photos and video have been posted on our website.
While at the show, we took deposits for delivery by the end of the first quarter of 2009. Deposits were accepted for three units and additional deposits will be taken the first part of January for up to 20 units and several verbal commitments were also received. Interest was high on the units and the new weight loss products now included in our program. The clinical report was available at the show but has not been publicly released by our attorneys. It is expected to be released shortly.
More doctors are now branching out into the wellness and anti-aging segment of the market to increase their customer base and their profit per client. This was more evident at the show this year compared to last year. These doctors are looking for new and unique products and services to offer their clientele which will have a real impact on the way their clients look and feel. The biggest and still the most profitable part of the market are the baby boomers. The current trend from this group of people is demanding and getting the very best in anti-aging and wellness treatments."
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.