SOURCE: Intelligent Living Corp.

Intelligent Living Corp.

January 07, 2011 09:26 ET

Intelligent Living Teams With Leading Developer to Provide Green Building Automation Solutions

VANCOUVER, BC--(Marketwire - January 7, 2011) - Intelligent Living Corp. ("ILVC"), (OTCBB: ILVC), a leading provider of green building automation and technology solutions, announced today the Company has again teamed with Tavan Developments Ltd. ( ("Tavan"), an industry leading Vancouver developer of custom high-end homes, to provide energy efficient automation of two of Tavan's new custom homes. The latest in an ongoing series, the 5,000+ square foot residences are located on Fraser River waterfront estates in the heart of the highly coveted Southlands area of Vancouver.

"These are the sixth and seventh in an ongoing series of custom homes for Tavan," said Michael Holloran, CEO of Intelligent Living Corp. "The Greater Vancouver residential real estate market is continuing to outperform the Canadian market. Royal Lepage has just announced a 10% year-on-year average price increase for Vancouver and is forecasting a further 4% increase for 2011. This is consistent with the recently released 2011 Greater Vancouver market valued property tax assessments which have increased from 7% to 17% across the region and 12% in the City of Vancouver. Overall, the market remains very strong for our products, systems and for custom home development."

About ILVC ( Intelligent Living Corp, a leading provider of green building automation and technology solutions, specializes in designing, supplying, installing, upgrading and servicing home and commercial automation systems. The Company has recently announced a partnership initiative to provide modular energy efficient small footprint homes and first nations housing. ILVC is a member of the Canadian Green Building Council.

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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