LAS VEGAS, Dec. 14, 2007 (PRIME NEWSWIRE) -- Cardio Infrared Technologies, Inc. (Pink Sheets:CIRT) a leading Health and Wellness technology and marketing company; announced today from booth 5087 at the worlds largest Anti-Aging show held in the Sands Convention Center in Las Vegas (attended by over 7,000 doctors from around the world), that initial reaction to the Cardio-Cor Infrared bike is a resounding success with both the attendees and other vendors in attendance.
Wayne Bailey, President and CEO of Cardio Infrared Technologies, Inc., stated "that sales generated at and through this show will provide additional sales for the company throughout next year and early estimates of anticipated orders may exceed $1,000,000." Mr. Bailey continued, "that a number of firms from both United States and other countries have begun negotiations with Cardio-Cor to distribute the product starting early next year. This will open up a number of markets that have never before been marketed by Cardio Infrared Technologies Inc. The show is now in its first day and based upon the initial results and interest that is being generated, Cardio Infrared Technologies, Inc. has a definite crowd pleaser with its mainstay product and with its ground breaking technologies. I can't wait to see what happens over the next two days."
Customers that have previously purchased the Bike have stopped by the booth and stated how delighted they were with their units and the results the Cardio-Cor Bike is getting for them and their clients. Uniquely qualified, these doctors also stayed and talked with prospective buyers and explained their continued successful experiences and overwhelming excitement of owning and operating the Bike(s) in their own clinics to several interested parties.
Dr. Richard Goldfarb, the Director of Cardio-Cor's clinical trials in Philadelphia, PA., is attending the show and has discussed initial trial results with several attendees and prospective buyers and users of the Exerbike; all while demonstrating the bike's performance at the booth. Dr. Goldfarb commented that early trial results have been beyond expectations and that the final results due out in January are extremely promising; as patients report improved states of heath and wellness from ailments varying from back-pain to Arthritis.
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 innovate new equipment 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.