LAS VEGAS, Feb. 13, 2008 (PRIME NEWSWIRE) -- Cardio Infrared Technologies, Inc. (Pink Sheets:CIRT) a leading Health and Wellness technology and marketing company, announced today that there has been confusion regarding our stock symbol and CirTran (CIRC). Cardio Infrared Technologies, Inc. is not CirTran.
Wayne Bailey CEO of Cardio Infrared Technologies states: "It has been brought to my attention that certain filings and press releases pertaining to CirTran have been showing up under the CIRT symbol. I wish to assure you at this time that Cardio Infrared Technologies and CirTran are two entirely different and separate entities."
The current share structure for CIRT is 500 million shares Authorized with 133 million issued and outstanding.
Cardio Infrared Technologies recently had a very successful showing at the Anti-Aging Conference in Las Vegas Nevada and established many alliances with companies in the United States as well as in Canada. The results of the show produced sales which exceeded our expectations and will lead to many exciting announcements that are forth coming.
Wayne Bailey CEO states: "We are pleased with the success of the Cardio-Cor Exerbike and look forward to the many benefits this technology will produce in America and around the World."
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 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.