SOURCE: Intelligent Living Corp.

Intelligent Living Corp.

June 05, 2012 08:30 ET

Intelligent Living Announces Launch of "Spirit" Series Green Built, Energy Efficient Pre-Manufactured Modular Buildings Targeting First Nations and Emergency Relief

Company in Negotiations With First Nations Forestry Group

VANCOUVER, BC--(Marketwire - Jun 5, 2012) - Intelligent Living Corp. ("ILVC") (OTCBB: ILVC), a leading supplier of green building solutions and innovative home automation and control technology systems, today announced the launch of the Company's "Spirit" series of modular designed buildings. Targeting the unique needs of First Nations and emergency relief, ILC's modular buildings are low cost, high quality, energy efficient, and deliver cutting edge building envelopes with minimal environmental and site impacts. Pre-fabricated and shipped flat packed, the buildings are designed to be site erected to lock-up in days not weeks. The Company is in advanced discussions with one of the largest west coast First Nations owned forestry and timber supply companies to jointly undertake production and market development.

The structures utilize modular construction techniques including: partial structural insulated panels (SIPs), engineered truss joists (TJI®), high efficiency insulation and external rain screens that deliver ease of assembly, exceptional moisture control, thermal performance and structural integrity. First Nations designs allow for electrical and mechanical components to be centralized within a pre-fabricated module that combines a pre-finished utility space and bathroom with a common wet wall that services the kitchen area. This design approach allows for substantial shop completion and quality control of the electrical, water and drainage servicing. The module is designed with flexibility to accommodate solar, gas, electric or geo-thermal heat exchange systems for demand domestic hot water and space heating (http://mcm.bjb.ca/articles/mechanical-electrical-pod/). The higher end units are pre-wired for ILVC's "touch and control" Smart Home integrated monitoring and automation system for controlling environmental parameters, energy use, access and security, lighting, network, audio and video.

"The launch of our 'Spirit' series of green built, energy efficient pre-manufactured modular buildings is another step in our previously announced initiative to add value by building on our engineering, design, automation and control capability. Over the past 9 months we have identified strong domestic and offshore markets for our modular home-in-a-box product and have progressively shifted our focus from design and installation of home control systems to include design and build services that span the renovation, development and supply markets," stated Mr. Michael Holloran, President and CEO. "We have been approached by a major First Nations owned forestry and timber supply company with strong domestic and offshore operations and are close to implementing a working agreement that includes bringing the manufacturing component of the modular construction process in-house, and jointly pursing domestic and offshore markets. This is a natural progression that reflects and builds on our strong engineering and project management capability, achieves vertical integration in niche domestic and offshore markets, and gives us a substantial competitive advantage."

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.

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