SOURCE: Intelligent Living Corp.

Intelligent Living Corp.

November 19, 2009 12:12 ET

Intelligent Living Signs Letter of Intent With North American Indian Charter of Shipping and Trade, Inc. to Supply First Nations Housing

VANCOUVER, BC--(Marketwire - November 19, 2009) - Intelligent Living Corp. ("ILVC") (OTCBB: ILVC), a leading automation and technology solutions provider, utilizing green building practices, is pleased to announce that it has signed a letter of intent (LOI) with North American Indian Charter of Shipping and Trade, Inc. ("NAICST") to develop a definitive agreement defining terms under which NAICST would acquire an equity interest in ILVC based on a business plan to design, produce and deliver 300 units of First Nations reserve housing per year.

The immediate need for improved housing in First Nations communities is reflected in the Government of Canada's significant investment in housing and the government's on-reserve policy of encouraging communities to tailor their housing plans to meet the needs of their communities.

"The need for economical functional housing in First Nations communities has reached tens of thousands of units with little progress towards satisfying current and historical demand. There is an enormous immediate opportunity to provide First Nations communities with energy efficient and cost effective housing that combines culturally sensitive design, modular concept construction and opportunities for skills training," said Michael Holloran, CEO ILVC. "Our relationship with NAICST has opened the door for us to become a significant supplier to this under-serviced market with a product that is purpose designed using sustainable building practices."

About ILVC ( Intelligent Living Corp, utilizing green building practices, specializes in designing, supplying, installing, upgrading and servicing home and commercial automation systems including: energy use monitoring and control, security, occupancy monitoring and access control, lighting and HVAC control, and distributed audio/video systems. The Company utilizes wire and wireless technology, and offers traditional component and Windows Media PC based architecture. ILVC, a member of the Canadian Green Building Council, has supplied custom IT solutions since 1994 and automation solutions since 2003.

About NAICST: North American Indian Charter Shipping and Trade was formed in 2006 to build on native Indian tribal sovereignty and create trade and new business relationships between native and non-native individuals and companies. Through strategic negotiations NAICST has become a leader in developing strategies to create vibrant sustainable native economic opportunities. NAICST has successfully developed strong community partnerships between tribal groups and industry through consultation and accommodation and impact and benefits Agreements. This winning strategy has created economic development and mutual benefits for tribal governments, members of bands and corporate entities.

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-looking 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.

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