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Intelligent Living Corp. Advances Microsoft Canada Joint Promotion With Release of Microsoft Vista(TM) Optimized NextG Media PC Utilizing Intel(R) Hardware 10:45a ET September 10, 2007 (Market Wire) Intelligent Living Corp. (OTCBB: ILVG) announced today that they are moving forward on the Microsoft Canada case study and PR agreement with the release of ILC's next generation ("NextG") media PC.
ILC's NextG media PC utilizes Intel's(R) G965 Express Chipset in combination with Intel's(R) Core(TM) 2 Duo E6600 processor and a 4 MB L2 memory cache to deliver the full potential of Microsoft's Vista(TM) operating system. Designed to deliver incredible performance and innovative capabilities to digital home consumers, the system is based on the technology utilized in the Company's recently announced case study and PR agreement with Microsoft Canada. ILC and Microsoft have entered into the Agreement to jointly promote the Microsoft Vista(TM) enabled smart-home automation and entertainment capabilities featured in the case study project.
The audio/video distribution system utilized in the case study project is one of the first full home applications based on Microsoft's Vista(TM) Media Center (MCE) and Xbox360 extender technology. The A/V system is integrated with other MCE based systems developed by HAI (www.homeauto.com). The system utilizes smart lighting switches controlled by motion sensors for automatic security, video surveillance cameras integrated to the A/V system and one-touch panels for the control of audio/video sources, security and lighting.
Intelligent Living Corp. (www.intelligent-living.us) (formerly known as Elgrande International, Inc.) specializes in designing, supplying, installing, upgrading and servicing home automation and commercial presentation center solutions including: structured wiring, security systems, internet access, lighting and HVAC control, and distributed audio/video systems. The Company offers both wired and wireless technology for single and multi-unit new construction and existing buildings, using traditional component and Windows Vista-based systems. Supplying custom IT solutions since 1994 and home automation solutions since 2003, the Company has offices and demonstration suites in Phoenix and Vancouver and ongoing projects in southwest BC and the greater Phoenix area.
-------------------- lostone Posts: 2666 | From: san jose,ca usa | Registered: Sep 2002
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I'll admit that I am not too smart but I believe this will make a dip down another 50% to .0005 before a good bounce.Seems like it has been having a problem getting above .002...I may put in a buy order at .0006 but I dont wanna jinx anyone.I may not get it filled this week but that may be true bottom.I didnt see any new news so it may be hard for this one to take off.JMO
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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Estimated Market Cap 56,796.098 as of Jan 28, 2008 Outstanding Shares 141,990,246 as of Aug 31, 2007 Number of Share Holders of Record 180 as of Oct 15, 2007
Posts: 6410 | Registered: Jul 2006
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VANCOUVER, BC, Feb 05, 2008 (MARKET WIRE via COMTEX News Network) --
The management and Board of Intelligent Living Corp. (the "Company" or "ILC") (PINKSHEETS: ILVG) are pleased to provide this corporate update focusing on key milestones achieved during and activities ongoing at the close of the 2007 calendar year. Highlights include:
-- Acquisition of MCM Intelligent Living and name change to Intelligent Living Corp.-- Completion of $420,000 in home automation projects including five leading applications of Microsoft Vista(TM) and XP-MCE technology.-- Revenue increase of 27% and expense decrease of 89% compared to the prior year.-- Positive operating income (EBIT) of $36,500 for the fiscal year ended May 31, 2007.-- Completed keystone projects include: comprehensive automation of 5 design leading architectural homes with a combined market value in excess of $21 million, multi screen audio video sales presentation system for award winning condominium project, audio video information and presentation system for boutique winery.-- Signed case study and PR agreement with Microsoft Canada(R) to jointly promote the technical features of smart-home automation and entertainment projects completed by ILC as case studies leveraging Microsoft Vista(TM) and XP-MCE technology.-- Release of ILC's next generation media PC designed to deliver the innovative capabilities of Vista(TM) to digital home consumers.-- Ongoing major projects include: automation of penthouses and the 23,000 square foot common area in the first phase of an 800 unit condominium project in Tempe, Arizona.-- Ongoing collaboration under the Microsoft Canada(R) Agreement. "The calendar year 2007 has marked the transition of Intelligent Living into a recognized home automation innovator and technology leader. We achieved our target growth, substantially improved operating performance over the 2007 calendar year and recorded positive EBIT for our fiscal year ended May 31, 2007. Demand for home automation is continuing to grow exponentially and going forward we expect to realize ongoing revenue expansion within this market. In addition, we are diversifying further into the rapidly developing areas of home energy conservation and environmental optimization. These are highly visible and rapidly growing areas of business, ideally suited to our existing capability and experience," stated Mr. Michael Holloran, President and CEO. "The market leading solutions, technology partnerships and growth opportunities offered by ILC will continue to bring lasting benefit to our stockholders. Further, we intend to remain fully reporting and compliant, and, pursuant to Financial Industry Regulatory Authority rules, are planning to transition back to the OTCBB in September 2008."
Intelligent Living Corp. (www.intelligent-living.us) specializes in designing, supplying, installing, upgrading and servicing home automation and commercial presentation center solutions including: structured wiring, security systems, internet access, lighting and environmental control, and distributed audio/video systems. The Company offers both wired and wireless technology for single and multi-unit new construction and existing buildings, using traditional component and Windows Vista based systems. Supplying custom IT solutions since 1994 and home automation solutions since 2003, the Company has offices and demonstration suites in Phoenix and Vancouver and ongoing projects in southwest BC and the greater Phoenix area.
Safe Harbor Provision
This press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on the Company's current expectations as to future events. However, the forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statements. Risk factors include, lack of liquidity, availability of product, uncertainty concerning market acceptance of its designs, competition and other risk factors as outlined in the Company's SEC filings.
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