MIAMI, FL -- (Marketwired) -- 12/30/13 -- Intelligent Living Inc. (OTCQB: ILIV) today publicly disclosed its strategy and roadmap to capture market share in the growing healthcare IT, wellness products and gaming industries. Part of this strategy involves unveiling innovative products that address key technologies and announcing strategic acquisitions and partnerships in the fast growing data center and cloud computing areas.
CEO Victoria Rudman said: "We have been working very hard behind the scenes to create a huge value for the next 10 years for our shareholders. This starts with cleaning up the inherited liabilities from our predecessor company and then implementing a plan that will produce revenue and price per share. The process is slow, but as evidenced in our execution, we are aggressive and expect that we will be in a totally different position within the next two quarters."
ILIV has set their direction around what they call core-operating-areas (COA). They are: Mobile and Gaming, Wellness Products and Services and Healthcare and IT Cloud Services.
MIND360 Studios is our mobile and gaming platform for researching and further development of products and services that houses our already recognized MIND360.com brain games website. MIND360 Studios is the assemblage of experts, designers and scientists within the world of gaming and social science with the view of developing and designing edugames for general brain fitness, ADHD, PTSD and emotional distress. Through our cooperative development agreement with Monster Arts Inc. (APPZ) we will release several mobile games in 2014 through Google Play, Apple iOS and other platforms. In 2014 our focus will also include the indie games space and we will look to launch our publishing platform for other games makers to bring their products to market.
Our Wellness Products and Services holdings are represented by DRLARRYDIRECT.COM, IntelligentEMR and our iHRT concierge services programs.
DRLARRYDIRECT.COM, under the Health and Beyond label, is the culmination of over 40 years of health and wellness practice of Dr. Larry LeGunn, an expert in nutritional balance and wellness. The keystone of this website is the Bio-Nutritional Analysis test that measures the nutritional deficiencies within a patient through saliva and urine testing. The website then offers the prescriptive(s) of Dr. Larry that will feed the body what it needs to gain optimal health and wellness. Some of Dr. Larry's wellness formulas include: Dr. Larry's Sweet Dreams, Advanced HCG Formula and Dr. Larry's Heart Helper. In 2014, Health and Beyond will release formulas for sexual dysfunction, non-synthetic hormone replacement for women as well as other weight and strength related products.
IntelligentEMR is Intelligent Living's Electronic Medical Records (EMR) program, which is a completely customizable web-based clinical application for the management of patients with hormone and other chronic conditions. In 2014, we will begin to offer this software to qualified wellness centers and physician offices on a monthly and yearly plan. Our IntelligentEMR is a HIPAA compliant software infrastructure that is interoperable with lab, pharmacy, billing and scheduling systems to facilitate secure and convenient doctor-patient communications. It will also be designed to integrate with diverse clinical healthcare systems to bring together diagnosis and prescription along with treatment plan data to present a comprehensive overview of the patient. The launch of IntelligentEMR supports the Company's quest to become a leading wellness and aging technology and research company specializing in anti-aging management and patient health software.
The iHRT concierge program is headed by Dr. Neal Rouzier, Intelligent Living's Chief Medical Officer, who is known in the global hormone replacement industry as one of the best practitioners and instructors, and will be the culmination of Dr. Rouzier's personal experience, and ongoing review of the research and latest scientific studies. The iHRT program will operate on IntelligentEMR and consist of state-of-the-art therapies, including the supplementation of bio-identical hormones. A hormone replacement therapy program, when required, will be customized for each patient's unique situation and is the basis of Intelligent Living's mission to promote optimal health and longevity. Intelligent Living Inc. plans to nationally offer the entire iHRT program for $1,500 per year and forecasts providing the service to a client base of 1,000 to 2,000 patients over the next 2 years.
In 2014, Intelligent Living is planning to announce its entry into the Healthcare Cloud and Managed IT business. This subsidiary business will be established with a multi-purpose thought in mind. Firstly, we can get an efficiency scale within our business by owning our own cloud and hosting platform and; secondly it will provide us with sell-through opportunity for a bundled sale to schools, medical establishments and corporations of our other products and services by using technology as a leverage tool.
"2014 is shaping up as our breakout year. Our strategy is to develop a business that has many revenue streams built on a common theme -- Health and Wellness Technology. The addition of our own data center will give us the ability to control most aspects of our business. Self-sufficiency is what we are aiming for in the coming months. It will ultimately let us turn the revenue streams into profits through efficient streamlining of technology and marketing. We have dubbed 2014 the year of Intelligent Living," said Chief Strategy Officer Josh Eikov.
The Company is continuing to work on restructuring debt that was incurred by the previous company and on a new round of financing that will be debt and equity based.
President Paul Favata said: "As we build the future of ILIV we are going to be really keen with the way that we structure future financing and renegotiating the debts of the prior company. We are very confident in what we are creating moving forward. We are strategically positioning the Company towards moving out of its development stage and begin generating significant revenues in 2014."
Intelligent Living Inc. intends to maintain close contact with shareholders and the investment community by continuing its efforts to keep them abreast of the Company's latest development strategy, financial information and business progress in every step of its journey.
About Intelligent Living Inc.
Intelligent Living Inc. operates as a development stage company focused on the ever-expanding eHealth and eCommerce markets. Its segments include exercise, nutrition, supplements, mental acuity testing and training, through our newly acquired subsidiaries MIND360 Studios, and Health and Beyond. The Company, based in Florida, is a health and wellness company engaged in the development of software and technology to aid in age management and cognitive health. The mission of Intelligent Living is to improve a person's quality and function of daily living over a span of many years.
More information about Intelligent Living can be found on the Company's website located at http://www.intelligentlivinginc.com
Forward Looking Statements
This press release includes statements that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Reform Act") and as such, may involve risks and uncertainties. Intelligent Living Inc. claims the protection of the safe-harbor for forward-looking statements contained in the Reform Act. These forward-looking statements are often characterized by the terms "may," "believes," "projects," "expects," or "anticipates," and do not reflect historical facts. Specific forward-looking statements contained in this press release include, but are not limited to: our successful integration of diversified growth companies, impact of the company's expansion plan, and new business development success, future financial results, development and acquisition of new product lines and services, the impact of competitive products or pricing from technological changes, the effect of economic conditions and other uncertainties. The company's actual performance, results and achievements may differ materially from the expressed or implied in such forward-looking statements as a result of a wide range of factors.