CARDIO INFRARED ANNOUNCES NEW BIOFITTM INFRARED BIKE
LAS VEGAS, NV December 1, 2010. Cardio Infrared Technologies, Inc. (CDOI.PK) www.thebiofit.com a leading Health and Wellness technology and marketing company, announced today the newly designed BIOFITTM Stationary Infrared Bike (also known as the “CelluCurve”) is now in production in Italy and will be in production in the US by the first part of next year.
Wayne Bailey, President and CEO of Cardio Infrared Technologies, Inc., stated; “The new BioFittm Stationary Infrared Bike; which has been in development for the past year; is now in production in our Facility in Bergamo, Italy. The first BioFittm was shipped to the United States October 18th for delivery to Clarity Skin at Canyon Crest 11762 South State Street Suite 200, Draper, Utah 84020. The new BioFittm is being produced in Italy while production is being brought on line in the United States. Having two facilities that can manufacture the new BioFittm will help in meeting the overall demand from around the world for the BioFittm. The Bergamo facility is currently manufacturing to fill current orders for Italy, England and the US. The BioFittm bike manufactured in the United States solves the Euro foreign exchange rate problem, which has recently added as much as 40% to the total price of The BioFittm. The new BioFittm is approximately half the size of the old Cardio-Cor model .” Mr. Bailey continued; “ The new BioFittm will be featured at the Anti-Aging Show Las Vegas in December this year.”
The BioFittm made in America with American parts and labor to be sold around the world. The new BioFittm 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 BioFittm model is a World market model and will provide the marketing platform for worldwide sales. The BioFittm 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.