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Re: RookieInvestor1 post# 32795

Monday, 08/29/2011 1:39:47 PM

Monday, August 29, 2011 1:39:47 PM

Post# of 34741
LAS VEGAS, NV -- (MARKET WIRE) -- 07/22/11 -- Cardio Infrared Technologies, Inc. (PINKSHEETS: CDOI) (www.cardioinfraredtech.com, www.thebiofit.com) CEO Wayne Bailey issued the following statement addressing the eligibility of the Company's securities with the Depository Trust and Clearing Corporation ("DTC").

On or about July 14, 2011, the Company was made aware of certain information suggesting that its securities were not DTC eligible. Immediately upon being made aware of this information, the Company contacted the underwriting department of DTC, and was assured that there was no issue whatsoever regarding the eligibility of shares already on deposit with DTC. Importantly, DTC confirmed that all Company shares on deposit with DTC remained DTC eligible.

During the telephone call with DTC, the Company was advised of an issue relating to future deposits at DTC of its securities, and the Company is presently working with DTC to clear this up. The Company was, however, assured that this does not affect, in anyway, the continued eligibility at DTC of its shares already on deposit.