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Cardio Infrared Sells 2nd Unit to Total Health Services of Miami, Florida
Wednesday 11/12/2008 11:12 AM ET - Globenewswire
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CIRT 0.0002 0.00%
As of 2:17 PM ET 11/12/08
Cardio Infrared Technologies, Inc. (Pink Sheets:CIRT)
www.cardio-cor.com, a leading Health and Wellness technology and marketing company, announced today another sale of a new Cardio-Cor unit was completed in October and installed the week of Oct. 27th, 2008.
Wayne Bailey, President and CEO of Cardio Infrared Technologies, Inc. stated, "The sale to Total Health Services was the second unit for Total Health Services specializing in Chiropractic, Weight Loss, and personal training. The principals are Dr. Anthony Battillo, DC and Dr. Brock Snider, DC. Total Health Services has been leasing some of the facilities to Julian Nwadike since May 2008; they now have combined resources to accommodate the rapidly expanding Cardio-Cor client base of the facility. Julian Nwadike's Cardio-Cor unit is and has been in an overbooked position since spring. This second Cardio-Cor will help handle the ever increasing client base at the facility. Dr. Battillo stated, "Our vision is to create a One-Stop Wellness Center for Prevention and Maintenance. The body is like a machine and when fine tuned will serve us very well. We believe in keeping active in the gym, working out and putting our bodies in optimal shape. We will be putting in five additional sites with Cardio-Cor units in the Florida area as soon as possible."
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.
This news release was distributed by GlobeNewswire,
www.globenewswire.com SOURCE: Cardio Infrared Technologies, Inc.
Cardio Infrared Technologies, Inc.
Wayne Bailey
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www.cardio-cor.com
