SOURCE: Intelligent Living Corp.

August 22, 2007 10:59 ET

Intelligent Living Highlights Market Leading Smart Home Technology and Provides Year-to-Date Corporate Update

VANCOUVER, BC--(Marketwire - August 22, 2007) - The management and Board of Intelligent Living Corp. (the "Company" or "ILC") (OTCBB: ILVG) are pleased to provide this corporate update focusing on key milestones accomplished during the 2007 calendar year. Highlights include:

--  Acquisition of MCM Intelligent Living and completion of $170,000 in
    automation projects including two of the first projects to use Microsoft
    Vista™ and media PC technology.
--  Revenues increase of 140% and expenses decrease of 84% compared to the
    same period in the prior year.
--  Comprehensive automation of $4 million architectural home, condominium
    presentation center, and start of new projects to automate three $2 million
    designer homes and the 23,000 square foot common area of an 800-unit
    condominium project in Tempe, Arizona. Revenues from these projects are
    expected to exceed $1 million.
--  Case study and PR agreement with Microsoft Canada® to jointly
    promote the technical features of smart home automation and entertainment
    projects completed by ILC using Microsoft Vista™ and media PC technology.
--  Release of ILC's next generation media PC designed to deliver
    incredible performance and the innovative capabilities of Vista™ to digital
    home consumers.
--  Merger with Intelligent Living and name change to Intelligent Living
    Corp.  Ticker symbol change to ILVG on the Over the Counter Bulletin Board.

"We are quickly becoming a market leader in smart home technologies with strong product innovation capabilities," stated Mr. Michael Holloran, President and CEO. "Over the past 8-month period, we established strategic relationships with market leading technology partners and a market presence that normally takes years to build. Smart home technology is rapidly becoming a must-have feature in both new construction and renovations and we believe the market leading solutions and technology partnerships offered by ILC will bring lasting benefit to our stockholders."

Intelligent Living Corp. ( (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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