LAS VEGAS, Sept. 22, 2009 (GLOBE NEWSWIRE) -- Cardio Infrared Technologies, Inc. (Pink Sheets:CDOI) www.cardio-cor.com, a leading Health and Wellness technology and marketing company, announced today the newly designed Cardio-Cor II Personal Stationary Exercycle will be available worldwide and built in the USA.
Wayne Bailey, President and CEO of Cardio Infrared Technologies, Inc., stated, "The new Cardio-Cor II Personal Stationary Exercycle, which has been in development for the past two years, will be put into production January 2010. The new Cardio-Cor II Exercycle is being manufactured in the United States. Having the new Cardio-Cor II bike manufactured in the United States solves the Euro foreign exchange rate problem, which has recently added as much as 30% to the total price of the current Cardio-Cor. The new Cardio-Cor II is approximately half the size of the current model and sells for one fourth the price." Mr. Bailey continued, "The new model will be featured at the Anti-Aging Show Las Vegas in December this year. The new Cardio-Cor II bike has all the great features of its parent, our well accepted original model, and adds a number of fresh, innovative features that have made the bike easier and more enjoyable to use."
The current model ships in a 4-foot by 10-foot by 7-foot box and requires 3 hours to assemble. The new model will ship completely assembled and ready for use (turn-key). This is a true plug and play model, made in America with American parts and labor. The new model not only provides jobs to Americans but also will give Cardio Infrared Technologies, Inc. a price advantage in the world market due to favorable foreign exchange rates.
This new model is a world market model and will provide the marketing platform for worldwide sales. The new model will be the first of many new products that is based on the infrared technology that is at the heart of Cardio Infrared Technologies, Inc.
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 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.