SOURCE: Cardio Infrared Technologies, Inc

Cardio Infrared Technologies, Inc

March 24, 2011 08:30 ET

Cardio Infrared Announces Enhanced BioFit™ Infrared Bike

LAS VEGAS, NV--(Marketwire - March 24, 2011) - Cardio Infrared Technologies, Inc. (PINKSHEETS: CDOI);, a leading Health and Wellness technology and marketing company, announced today the newly designed BioFit™  Stationary Infrared work out Bike ("CelluCurve") is currently in production in Italy and will soon be produced in the US.

Wayne Bailey, President and CEO of Cardio Infrared Technologies, Inc., stated; "The new BioFit™ Stationary Infrared Bike has been in development for the past year and is now in production in our Bergamo, Italy facility. The first BioFit™ Bike was shipped to the United States September and was delivered and installed in Draper, Utah. The new BioFittm Infrared Bike is being produced in Italy; while production facilities are brought on line in the United States. Having two facilities manufacture the new BioFit™ bike will help in meeting the increasing demand from around the world for the BioFit™ work out bike. The Bergamo facility is currently manufacturing orders from Italy, England and the US. The new BioFit™ is approximately half the size of the old Cardio-Cor bike model." Mr. Bailey continued; "The new BioFit™ bike was featured at the Anti-Aging Show in Las Vegas last December and generated a huge BUZZ amongst the H&W attendees resulting in several orders for the new bike."

The BioFit™ will be made in America with American parts and labor to be sold around the world. The new BioFit™ US manufacturing facility will not only provide jobs for Americans but also will provide Cardio Infrared Technologies, Inc. a price advantage around the world market due to more favorable foreign exchange rates. With the introduction of the new BioFit™ bike; Sales for 2011 are expected increase over 300%.

This new BioFit™ model will provide a marketing platform for Worldwide sales. The BioFit™ bike is the first in a series of numerous new products scheduled to be released based upon the "Infrared Technology" and that expertise 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 into every country around the world. The equipment and technology has been featured on Good Morning America and The View. Cardio Infrared Technologies, Inc also has an aggressive growth plan that includes merger acquisitions and development of innovative new equipment and programs within 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.

Contact Information