IntelliHome Inc. Reports 16.9% Increase in Revenues for 2007

* Reuters is not responsible for the content in this press release.

Thu Apr 17, 2008 9:30am EDT

HOUSTON--(Business Wire)--
IntelliHome Inc. Inc. (OTCBB:IHME) (www.Intellihomeinc.com), a
leader in the field of intelligent home solutions, today reported
higher revenues for the full year ended December 31, 2007, reflecting
continued investment in marketing and growth initiatives.

   For 2007, total revenues rose 16.9%, to $887,003, over the prior
year period total of $759,075.

   The Company reported a net loss for 2007 of $224,957, or $0.01 per
share, compared to a net loss of $250,309 during 2006, also $0.01 per
share.

   "2007 was a year of tremendous accomplishment and change for our
company. We completed the process of bringing IntelliHome Inc. to the
public market while enjoying revenue gains from each of our builder
program, our recurring monitoring fees and our sale of monitoring
contracts," said Mark Trimble, CEO of IntelliHome, Inc. "We are
grateful for the efforts of our team in moving the company forward,
growing our revenue lines and strengthening relations in the builder
market while simultaneously transitioning the company from a private
company to a reporting public company."

   Regarding the downturn in the housing market, Mr. Trimble noted,
"We continue to work closely with our builders to monitor the status
of the local housing market and its potential impact on revenues from
our builder program. We believe that the greater-Houston market, our
principal operating market, weathered the credit market crisis better
than many markets in 2007 and had no discernible adverse effect on our
builder program in 2007. Nonetheless, given the uncertainty in credit
and housing markets, we expect housing starts in the Houston market to
be under pressure until some stability returns to the national credit
and housing markets. Accordingly, the number of potential homes
participating in our builder program is likely to be down during the
first half of 2008. We expect that the effect of slowing of new home
construction will be mitigated by the strength and reputation of the
builders in our builder program, our strong relations with those
builders, the general strength of the greater-Houston market and the
fact that our projected growth can be supported by modest gains in
market share without regard to the rate of growth in the overall
housing market."

   Regarding IntelliHome Inc.'s security monitoring business, Mr.
Trimble noted, "Our renewed focus on generating security monitoring
contracts is expected to be unaffected by the current uncertainty in
the housing markets. Historically, demand for security services has
remained strong in times of economic uncertainty. We will continue to
direct efforts and resources into growth of our security business with
a view to rebuilding our market share and accelerating revenue growth
in that line of our business. We believe our efforts in the security
side of our business will serve us well in maintaining momentum in our
business during the current uncertainty in the housing market."

   About IntelliHome Inc. Inc.

   IntelliHome Inc. Inc., based in Katy Texas, provides a
comprehensive range of products and services to homeowners, builders
and commercial customers to facilitate the creation and operation of
the modern "intelligent home" or "smart building". IntelliHome Inc.'s
products and services include home automation, monitored security
systems, fire alarms, home theater systems, intercom systems, phone,
central vacuum systems, whole house audio/video, computer networking
and integrated structured cabling to facilitate state-of-the-art home
and commercial technologies. Visit us on the web at
http://www.intellihomeinc.com.

   This release contains forward-looking statements based on the
current plans and expectations of IntelliHome Inc. and its management.
Such statements include, but are not limited to, the ability to grow
IntelliHome Inc.'s market share and revenues, and the effects on
revenues and profitability of conditions in the housing and credit
markets. Those statements are subject to risks and uncertainties that
may affect the operations, performance development and results of the
Company's business, including but not limited to fluctuations in
financial results, availability and customer acceptance of our
products and services, the impact of competitive products, services
and pricing, general market trends and conditions, and other risks,
some of which are beyond the control of IntelliHome Inc.. These and
other risks are described in IntelliHome Inc.'s reports filed with the
Securities and Exchange Commission, all of which are available free of
charge on the SEC's web site at www.sec.gov.

-0-
*T
                          INTELLIHOME, INC.
                       STATEMENTS OF OPERATIONS

                                              Year Ended December 31,
                                             -------------------------
                                                 2007         2006
                                             ------------ ------------
REVENUES:

  Installation and monitoring revenues       $   887,003  $   759,075

EXPENSES:

  Cost of monitoring and installation            381,416      340,812
  Compensation and benefits                      417,264      392,086
  Truck expenses                                  76,539       77,795
  General and administrative                     221,837      172,112
                                             ------------ ------------
      TOTAL EXPENSES                           1,097,056      982,805
                                             ------------ ------------

LOSS FROM OPERATIONS                            (210,053)    (223,730)

OTHER INCOME / EXPENSE

  Interest income                                    377           66
  Other income                                     8,237          926
  Interest expense and finance charges           (23,518)     (27,571)
                                             ------------ ------------
      TOTAL OTHER EXPENSES                       (14,904)     (26,579)
                                             ------------ ------------

PROVISION FOR INCOME TAXES                             -            -

NET LOSS                                        (224,957)    (250,309)

Preferred dividends accrued                      (16,896)      (5,936)
                                             ------------ ------------

NET LOSS AVAILABLE TO COMMON SHARES          $  (241,853) $  (256,245)
                                             ============ ============

Basic and diluted net loss per share         $     (0.01) $     (0.01)
                                             ============ ============

Basic and diluted weighted
average shares                                21,870,836   21,082,438
                                             ============ ============
*T

IntelliHome Inc., Houston
Mark Trimble, 281-391-4199

Copyright Business Wire 2008
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