Business News • MarketWire • Intelligent Living Signs Letter of Intent With Smallworks Studios for a Joint Venture to Expand Custom Home Production for Target Annual Sales of $20 Million

Intelligent Living Signs Letter of Intent With Smallworks Studios for a Joint Venture to Expand Custom Home Production for Target Annual Sales of $20 Million

Intelligent Living Signs Letter of Intent With Smallworks Studios for a Joint Venture to Expand Custom Home Production for Target Annual Sales of $20 Million

VANCOUVER, BC--(Marketwire - October 18, 2010) - Intelligent Living Corp. ("ILVC"), (OTCBB: ILVC), a leading automation and technology solutions provider utilizing green building practices, announced today that it has signed a Letter of Intent (LOI) with Smallworks Studios / Laneway Housing, Inc. ("Smallworks"), to establish a definitive agreement for the formation of a joint venture to utilize and expand Smallworks production capacity to a target annual sales of $20 million.

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