MIAMI, FL — (Marketwired) — 11/25/13 — The Management of Intelligent Living Inc. (OTCQB: ILIV) issued the following announcement and update on the business and direction of the Company:
Dear Shareholders,
We would like to take this opportunity to personally thank you for your continued commitment to Intelligent Living Inc. Your support has been, and will continue to be, the foundation of our success.
The recent news has included information regarding the acquisition of Health and Beyond, the creation of a subsidiary called MIND360 Studios which owns the MIND360 brain games platform, and has entered into a JV with Monster Arts for the development of mobile applications in the gaming and health and wellness areas, as well as the establishment of a more formal hormone replacement therapy program under the iHRT banner.
In December we anticipate re-launching the MIND360 website with a new interface and a few new games to boot. We also anticipate the opening of the MIND360 Studios website which will showcase our mobile brain games and other software products. In conjunction with Google Play, users will be able to download and purchase our apps through Google Play.
We also anticipate the close of the acquisition of Health and Beyond and the unveiling of the new drlarrydirect.com website with many enhancements. These will become some of the cornerstones of the transformation of ILIV into a world-class eHealth company.
With all of this in mind, we would like to formally announce that we have taken a strategic decision to make Intelligent Living’s focus on eHealth and eCommerce. Over the next several months, we have quite a litany of tactical opportunities planned that will take ILIV to the next level and start to reap some of the rewards that have already been planted.
Our strategic decision was made in light of research into the eHealth market, which according to the Boston Consulting Group peg the global eHealth products and services market at $96 billion , with 95 percent of this market in industrialized countries. Nearly half of the developing world markets, estimated at $4 billion , are in only four countries: Brazil , Russia , India and China . Intelligent Living plans an international expansion of ILIV’s products and services throughout 2014.
The Board of Directors takes shareholder issues very seriously and is making every attempt to keep you well informed. Our team’s primary focus is the creation of long term sustainable revenues. We are exploring various ways of financing the ongoing needs of the Company and managing the previous debt; as these are constant issues that change and we will keep our shareholders apprised at every turn of events.
Recently there were some additional items added to the corporate website (www.intelligentlivinginc.com) which included the new Mission, Vision and Value Statements. We would encourage all shareholders and prospective shareholders to read this section of the website. It is our management team’s commitment to our partners, shareholders, investors and employees to build relationships and maintain our word based on the seven core values of: Authenticity, Shared Ownership, Common Purpose, Modern Gestalt View, Respect, Accountability and Entrepreneurship. Within this mission we consider mind, body, soul and a person’s digital life to be all connected in our value chain and plan to offer products and services that will take care of that whole ecosystem.
We have started to build the foundation of a very exciting company and with a view toward the next 50 years; Intelligent Living will be adding components that are both incredible and exciting.
In closing, we firmly believe that Intelligent Living Inc. has the talent, resources and strategic elements necessary to create the future we envision with the continued support of you, our shareholders.
Thank you for your support as we begin this journey together in a quest to build Intelligent Living as the Health and Wellness Company of the 21st Century.
Have a Great Holiday Season.
Kind Regards and Vibrant Health ,
Victoria Rudman , CEO Paul Favata , President Josh Eikov , CSO
