Elgrande International, Inc. Completes Merger and Changes Name to Intelligent Living Corp.
Thursday August 2, 2:23 pm ET
VANCOUVER, BC--(MARKET WIRE)--Aug 2, 2007 -- Elgrande International (OTC BB:EGDI.OB - News) announced today that it has merged with Intelligent Living Corp. (ILC). Concurrent with the closing of the merger, the name of the Company was changed to Intelligent Living Corp. Articles of Merger have been filed and approved by the Secretary of State of Nevada and the Company has applied with Nasdaq to effectuate the name change and to change its stock symbol. The Company will notify investors when that change takes effect. The merger and name change reflect the final steps in the acquisition of MCM Integrated Technologies, Inc. as announced on December 11, 2006.
"We are very pleased to have this transaction completed and are excited to be moving forward in the home automation sector," commented Intelligent Living Chief Executive Officer, Michael Holloran. "We believe the market leading solutions and technology partnerships offered by ILC will bring lasting benefit to our stockholders."
About Intelligent Living Corp.
Intelligent Living Corp. (
www.intelligent-living.us) (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.