

Intelligent Living Provides Corporate Update and Highlights Milestones
March 20, 2012 09:00 ET
Intelligent Living Provides Corporate Update and Highlights Milestones
VANCOUVER, BC--(Marketwire - Mar 20, 2012) - The management and Board of Intelligent Living Corp. ("ILVC") (
- Design and installation of automation, control and energy management systems in 5 high end, custom designed, single family, new construction homes representing over $20 million of real estate market value.
- Completion of major penthouse condominium renovation including: kitchen, bedroom, study, bathrooms, flooring, air conditioning, in-floor heating, LED lighting, high definition video distribution, energy monitoring and smart controls.
- Development of scalable modular building designs for First Nations communities including: band office, community center and elder, single family and rental accommodation.
- Development of modular building designs for rapid deployment relief housing. The designs utilize pre-constructed insulated structural panels and a pre-assembled utility module containing service connections and kitchen and bathroom fixtures.
- Corporate re-structuring to strengthening the Company's Balance Sheet and enable and facilitate financing of corporate development.
"As part of our previously announced initiative aimed at driving shareholder value, we have, over the past 9 months, progressively shifted our focus from design and installation of home control systems to residential design and build services that span the renovation and development markets and expand on our strong green building automation and control capability. We recently completed a very successful renovation project and are now actively looking for buy - upgrade - sell opportunities within the Greater Vancouver resale market. The Greater Vancouver real estate market continues to outperform and we are well positioned with a niche product that is highly compatible with Vancouver's EcoDensity Charter [see Development and Renovation at [ www.intelligent-living.us ]]," stated Mr. Michael Holloran, President and CEO. "We have also completed a critical re-structuring and have moved forward with our modular housing initiative targeting the needs of First Nations communities and markets for rapid deployment small footprint flat packed buildings shipped ready for site erection. The demand for well designed, easy to build, cost effective First Nations housing and the market for flat pack 'house-in-a-box' products remain enormous. Working with an established modular home fabricator, we have developed designs for a range of applications and are in discussions with a coastal band for the turnkey supply of 12 to 15 homes and with a First Nations forestry and lumber operator for material supply, production and marketing of rapid deployment housing."
About ILVC
Intelligent Living Corp., a leading provider of green building solutions, specializes in multi-strata property renovation and development, home and commercial automation systems and development and supply of small footprint, energy efficient housing for First Nations communities and emergency relief. Founded in 1994, ILVC is a member of the Canadian Green Building Council.
Safe Harbor Provision
Except for statements of historical fact, the matters discussed in this press release are forward-looking and made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "future," "plan" or "planned," "expects," or "projected." These forward-looking statements reflect numerous assumptions and involve a variety of risks and uncertainties, many of which are beyond the company's control that may cause actual results to differ materially from stated expectations. These risk factors include, among others, limited operating history, availability of funding, intense competition, demand for the company's products and services, and additional risks factors as discussed in reports filed by the company with the Securities and Exchange Commission, which are available at [ http://www.sec.gov ].