SOURCE: Elgrande International, Inc.

January 11, 2007 08:00 ET

Intelligent Living Corp. Profiled in US Business Review

VANCOUVER, BC -- (MARKET WIRE) -- January 11, 2007 -- Elgrande International (OTCBB: EGDI) announced today that the Company's wholly owned subsidiary, Intelligent Living Corp. (ILC), (www.intelligent-living.us), formerly MCM Integrated Technology Inc., was profiled in a recent issue of US Business Review. The article provides an overview of the intelligent home sector, including trends in home security and home automation and includes an in-depth interview with Murat Erbatur, President of ILC. Mr. Erbatur discusses market opportunities and the advantages ILC's extensive information technology background provide, as well as emphasizing developmental ties to Microsoft's Media Center and the soon-to-be-released Vista operating systems. The article can be found at www.usbusiness-review.com.

Michael Holloran, Chief Executive Officer of Elgrande International, commented, "US Business Review is a respected source of insider news on trends and industry best practices. We are honored to have been profiled in this leading publication. This caliber of editorial coverage in one of North America's top business publications is far more effective than paid advertising and gives us tremendous exposure in our target markets."

Holloran went on to say, "Home automation or the digital home is fast becoming a must-have feature of both new home construction and renovations. There are estimates that this could be a $16 billion market by 2008. The systems that ILC is developing and installing are technically advanced, user-friendly and have price points that can provided the edge that developers are looking for."

ILC has ongoing contracts and relationships with a number of builders, primarily those developing high-end condominiums and gated communities, and established associations with industry leading technology partners. ILC is expected to contribute up to $4 million of revenue by the end of Calendar 2007 based on the work-in-progress and the typical systems ordered.

About US Business Review (USBR)

US Business Review's 40,000 readers run the 10,000 largest industrial manufacturing and service companies across North America. They are chairmen, CEOs, presidents, owners and other top executives. Every issue highlights businesses that are achieving superior results, and breaks down their solutions to a host of concerns. No other publication features as many case studies of successful companies as USBR. Each month, USBR explains Best Practices in areas that impact business leaders. (www.usbusiness-review.com)

About Elgrande International

Elgrande International through its wholly owned subsidiary Intelligent Living Corp. (www.intelligent-living.us, www.intelligent-living.ca) 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 both traditional component and Windows Media Center based systems. Intelligent Living Corp. has been 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 include "home automation or the digital home is fast becoming a must have feature of both new home construction and renovations," "this could be a $16 billion market by 2008," "ILC is expected to contribute up to $4 million of revenue by the end of Calendar 2007," "can provided the edge that developers are looking for," and 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 inventory financing, foreign currency fluctuations, availability of product, uncertainty concerning market acceptance of its products, competition and other risk factors as outlined in the Company's SEC filings.

Contact Information

  • Contact Information:
    FOCUS Partners LLC
    Alison Hart
    Email Contact
    212-755-4884