SOURCE: Cardio Infrared Technologies Inc

July 22, 2011 17:00 ET

Increased Order Flow Triggers European and Asian Expansion Projects for Cardio Infrared Technologies, Inc.

LAS VEGAS, NV--(Marketwire - Jul 22, 2011) - Cardio Infrared Technologies, Inc. (PINKSHEETS: CDOI), a leading Health and Wellness technology and marketing company, announced today that Cardio Infrared Technologies, Inc. has received new orders for the BioFit from Europe.

CDOI is pleased to announce the launch of both European and Asian expansion plans with the drastic increase in orders from Turkey, Italy and Portugal. Cardio Infrared Technologies, Inc. has committed to the launch of their aggressive growth strategy that targets both Europe and Asia Markets which the company estimates could be as much as 37% of top line revenue. The company's early launch of its expansion project almost 6 months ahead of schedule is the result of the drastic increase in current purchase orders, which have been accompanied by deposits, stated CEO Wayne Bailey. Additionally the company believes that the current global currency environment has provided a prime opportunity to capitalize on an increased demand for Cardio Infrared Technologies, Inc.'s products. The current and future European orders will be produced at the company's Bergamo, Italy facility.

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 technology has been featured on Good Morning America and The View. Cardio Infrared Technologies, Inc also has an aggressive growth plan that includes mergers and acquisitions and the 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.

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