LAS VEGAS, Aug. 12, 2008 (PRIME NEWSWIRE) -- Cardio Infrared Technologies, Inc. (Pink Sheets:CIRT), a leading emergent Health and Wellness technology and marketing company, announced today that Tierra Verde Development Company, LLC is breaking ground on The Healing Spa at Tierra Verde, Phase I of a "green" development at 47th & Webb Road, Wichita, Kansas, and will be installing a Cardio-Cor Exerbike.
Wayne Bailey, President and CEO of Cardio Infrared Technologies, Inc., stated, "Tierra Verde Development Company, LLC will break ground on The Healing Spa at Tierra Verde located at 47th & Webb Road, Wichita, Kansas. This area is referred to as the 'Medical Mile' and is located on 157 acres with many small lakes which include a heart hospital, a spine hospital and within 1 mile are 2 huge medical facilities. CNN/Money Magazine ranked Wichita as 9th on its list of the 10 Best Cities to live in the U.S. Also, it is the largest manufacturer of aircraft in the World! There are 6 major aircraft manufacturing companies in and around Wichita, Kansas. Terri Grillot contacted Cardio Infrared Technologies, Inc. at the Spa show back in March 2006 in Las Vegas. Terri stated then that she would include the Cardio-Cor in the new facility, which will be built in 2008, and she is fulfilling that commitment."
Stimulated by the growing interest in health and wellness, a day (or a stay) at a spa has become a popular way to escape from the stress of everyday life. In addition to being a destination spa offering a full range of spa services and amenities, The Healing Spa at Tierra Verde, being built at 47th & Webb Road, Wichita, Kansas, will also offer a healing environment in which to recover from surgical procedures and medical treatments.
Changes in the medical industry have reduced in-patient recuperative periods following minor surgical and reconstructive procedures, and elective plastic and aesthetic surgeries not covered by insurance are on the rise. In both situations, patients are sent home very soon after medical procedures. The Healing Spa at Tierra Verde will offer an intermediate option, where patients can receive skilled medical concierge services provided by a fully certified nursing staff, an on-call physician, and certified aesthetician and massage therapists.
Also included within the facility will be The Wellness Center at Tierra Verde, offering fitness, dance and strength training programs, holistic and medical treatment procedures, educational programs and outdoor amenities. The Wellness Center will set up pre-programs for individuals who are considering elective and non-elective surgery, educating them on the procedures, and preparing them physically and mentally for surgery. A state-of-the-art Concierge Care Program and "Physical Spring Cleaning" stress & weight management program will be among the services offered.
Rounding out The Healing Spa will be a venue for business retreats and special events, including indoor and outdoor weddings. Being developed by Terrie Grillot, Paul Cavanaugh "Places Architect," and Dr. Stephen Grillot, The Healing Spa at Tierra Verde will be a consortium of specialists experienced in fitness, personal care, education, and medical care and business operation. The Healing Spa at Tierra Verde is the initial facility in Phase-1 of Tierra Verde Development, an earth-friendly, sustainable development utilizing Green Technology in both construction and operation.
Wayne Bailey, CEO and President of Cardio-Cor, commented, "Cardio-Cor is pleased to be a part of this exciting development. I am expecting great results from this unique setting with significant Cardio-Cor referrals from all across the region."
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 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.