SOURCE: Elgrande International, Inc.

August 14, 2007 15:55 ET

Elgrande International, Inc. Completes Name Change to Intelligent Living Corp.; Symbol Changing to ILVG on the Over the Counter Bulletin Board

VANCOUVER, BC--(Marketwire - August 14, 2007) - Elgrande International (the "Company" or "Elgrande") (OTCBB: EGDI) announced today that it has now fully completed its previously announced name change to Intelligent Living Corp. Effective at the market open on August 15, 2007, the trading symbol for the Company's common stock will change from EGDI to ILVG on the Over the Counter Bulletin Board under the name Intelligent Living Corp.

No exchange of stockholder certificates is required and all current certificates in the name of Elgrande International, Inc. will remain valid for future transfers.

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.

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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