SOURCE: Intelligent Living Corp.

November 17, 2008 09:20 ET

Intelligent Living Cleared for Filing Under Rule 15c2-11 for Re-listing on the NASD Over the Counter Bulletin Board Exchange

VANCOUVER, BC--(Marketwire - November 17, 2008) - Intelligent Living Corp. (PINKSHEETS: ILVC), a leading automation and technology solutions provider utilizing green building practices, announced today the Company has been cleared to file Form 211 for re-listing on the Over The Counter Bulletin Board Exchange ("OTCBB"). The Company has, over the past 12 months, maintained all of the necessary filings required for fully reporting status with the Securities and Exchange Commission (the "SEC") including audited consolidated financial statements. With the completion of the audit and filings, Intelligent Living became eligible under SEC Rule 15c211 to resume quotations on the OTCBB.

Michael Holloran, President and CEO of Intelligent Living, stated, "ILC became eligible for application to trade on the OTCBB on August 29, 2008 following a one year suspension for late filing of the Company's 2007 annual report on Form 10KSB. The Company was required to complete the re-structuring as outlined in the Company's Schedule 14C as a pre-requisite to the filing of the required Form 211. Now that the filing of all documents is completed we are proceeding with filing Form 211 with Financial Industry Regulatory Authority (FINRA) for re-listing on NASD OTCBB."

About ILVC

Intelligent Living Corp., utilizing green building practices, specializes in designing, supplying, installing, upgrading and servicing automation and commercial presentation center solutions including:, security, monitoring and access control systems, , lighting and HVAC control, energy use monitoring systems, and distributed audio/video systems. The Company offers both wired and wireless technology using both traditional component and Windows Media Center based systems. ILC has been supplying custom IT solutions since 1994 and 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 Statement

This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Intelligent Living, Inc., and members of their management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

Contact Information

  • For more information, please contact:
    Intelligent Living Corp.
    1 800 900 8830
    Email Contact