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Intelligent Cloud Resources Inc. Successfully Closes Acquisition with Completion of Definitive Agreements.

KANSAS CITY, Mo.–(BUSINESS WIRE)–

Intelligent Cloud Resources (ITLL) is pleased to announce the successful completion of the previously announced acquisition of the innovative Fonia “All Access Mobile” platform perpetual license and world class Leagoo Smart Phones for the territory of Florida. This will be the first step in a program to launch the product and service in multiple territories.

Christopher Pay, Director of ITLL., commented “Today is a historic moment for us. The closing of this transaction opens the door to create substantial growth opportunities and deliver even greater benefits for our customers. We are excited to have completed the transaction which provides compelling value to our stockholders, benefits our customers and provides new opportunities for our employees.”

With legal due diligence complete, ITLL and 2440499 Ontario Inc. have finalized the Definitive Agreement (further to the non-Binding MOU announced by ITLL on December 14, 2016) .

About Intelligent Cloud Resources:

The Company has been aiming to offer cloud enabler and cloud broker services to small and medium sized organizations in Canada and plans to expand to such organizations. The launch of the Fonia “All Access Mobile” platform will be a powerful consumer oriented addition to Intelligent Cloud Resources’ product offering.

The Fonia “All Access Mobile” Inc. is an end-to-end Mobile solution, working primarily to serve individuals, regardless of their credit score, through an MVNO (Mobile Virtual Network Operator) Fonia Mobile (and Fonia Financial). The Fonia “All Access Mobile” service will bundle a traditional handset sale with a hybrid phone rate plan (a mix of prepaid and postpaid plans) and a prepaid MasterCard. This benefits customers immediately as they can achieve a more affordable phone plan through Fonia, and build a credit history.

For more information visit: www.intelligentcloudresources.com

Forward-Looking Statements
This release contains forward-looking statements. Forward-looking statements, without limitation, may contain the words believes, expects, anticipates, estimates, intends, plans, or similar expressions. Forward-looking statements are not guarantees of future performance. They involve risks, uncertainties and assumptions and actual results could differ materially from those anticipated. Forward looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170721005570/en/

Contact:

Intelligent Cloud Resources Inc.
Christopher Pay
Press Relations
info@intelligentcloudresources.com

 

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Intelligent Cloud Resources Inc. Successfully Completes Due Diligence on License Acquisition and Moves to Complete Definitive Agreements

SAN DIEGO, CA / ACCESSWIRE / July 7, 2017 / Intelligent Cloud Resources (ITLL) is pleased to announce the successful completion of its due diligence process over the past couple of months.

Christopher Pay, Director of ITLL., commented “We are pleased with the results of our due diligence and are confident that the acquisition once complete will bring recurring annual revenues, and significant product and operational advantages to the company. It has been a productive process for both parties and we are now working to complete the definitive agreements to complete the transaction as soon as possible.”

With legal due diligence complete, ITLL and 2440499 Ontario Inc. are finalizing the terms of a Definitive Agreement (further to the non-Binding MOU announced by ITLL on December 14, 2016) to be executed as soon as possible.

About Intelligent Cloud Resources: The Company has been aiming to offer cloud enabler and cloud broker services to small and medium sized organizations in Canada and plans to expand to such organizations. The launch of the Fonia “All Access Mobile” platform will be a powerful consumer oriented addition to Intelligent Cloud Resources’ product offering. The Fonia “All Access Mobile” Inc. is an end-to-end Mobile solution, working primarily to serve individuals, regardless of their credit score, through an MVNO (Mobile Virtual Network Operator) Fonia Mobile (and Fonia Financial). The Fonia “All Access Mobile” service will bundle a traditional handset sale with a hybrid phone rate plan (a mix of prepaid and postpaid plans) and a prepaid MasterCard. This benefits customers immediately as they can achieve a more affordable phone plan through Fonia, and build a credit history.

For more information visit: http://www.intelligentcloudresources.com.

Contact:

Intelligent Cloud Resources Inc.
Press Relations
info@intelligentcloudresources.com

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Intelligent Cloud Resources (ITLL) Appoints New Director

KANSAS CITY, MO / ACCESSWIRE / February 16, 2017 / Intelligent Cloud Resources Inc. of Missouri (“Intelligent Cloud” or the “Company”) (OTCQB: ITLL) announces the appointment of Christopher Pay to a Board position and as a Director of (ITLL). Pay’s mandate is to ensure the company is recognized as a leader in the delivery and management of cloud based mobile and web based content and services. As well as to lead in the launch of the Fonia (Instant Access Mobile) product across multiple territories.

Pay will help shape the future of the (ITLL) program by accelerating the development of innovative products and services, leveraging valuable partnerships and relationships to ensure a compelling customer experience. Pay will also lead the launch of the Fonia (Instant Access Mobile) product into different territories with a focus on sales driven success.

Fatima Khan, CEO of Intelligent Cloud Resources Inc. comments: “Christopher is a well-respected sales driven leader in the mobile and technology space and we are thrilled to have him join (ITLL). He has a strong track record in bringing products to market in both Europe as well as North and South America, coupled with a blend of strategy and execution. Christopher will play a pivotal role in helping build our brand and strengthen our position in the market.”

With more than 25 years of technology and mobile experience, Christopher has held Senior Global VP and CEO positions, and over saw the growth of Fortune 100 companies like Pitney Bowes, to venture backed start-ups like Benefon OYJ. He has also worked with well-known brands like Land Rover and Paramount Viacom.

About Intelligent Cloud Resources:

The Company has been aiming to offer cloud enabler and cloud broker services to small and medium sized organizations in Canada and plans to expand to such organizations. The launch of the Fonia “All Access Mobile” platform will be a powerful consumer oriented addition to Intelligent Cloud Resources’ product offering.

For more information visit: http://intelligentcloudresources.com.

Contact:

Intelligent Cloud Resources Inc.
Press Relations
info@intelligentcloudresources.com

 

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INTELLIGENT CLOUD RESOURCES UPGRADES TO OTCQB
Kansas City, Missouri – January 25, 2017 – Intelligent Cloud Resources Inc. of Missouri (“Intelligent Cloud” or the “Company”) (OTCQB: ITLL) announced that its common stock has commenced trading on the OTCQB, the venture stage marketplace for companies that are current in their reporting with the Securities Exchange Commission. Investors can find Real-Time quotes and market information for the Company on http://www.otcmarkets.com.
About Intelligent Cloud Resources:
The Company has been aiming to offer cloud enabler and cloud broker services to small and medium sized organizations in Canada and plans to expand to such organizations in the US. The launch of the Fonia “All Access Mobile” platform will be a powerful consumer oriented addition to Intelligent Cloud Resources’ product offering.
For more information visit: http://intelligentcloudresources.com
Contact:
Intelligent Cloud Resources Inc.
Press Relations

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INTELLIGENT CLOUD RESOURCES INC. TO LAUNCH WORLD CLASS LEAGOO SMART PHONES AND THE INNOVATIVE FONIA “ALL ACCESS MOBILE” PLATFORM IN THE STATE OF FLORIDA.

Kansas City, Kansas, December 14, 2016 /Business Wire/ — Intelligent Cloud Resources (OTC – ITLL) is pleased to announce an agreement to acquire a perpetual license to provide world class Leagoo Smart Phones and the innovative Fonia “All Access Mobile” platform to the territory of Florida.

This will be the first step in a program to launch the product and service in multiple territories.

Fatima Khan, CEO of Intelligent Cloud Resources Inc. comments: “After considerable research, we have settled on using the Leagoo Smart Phones (www.leagoo.com) and the Fonia All Access Mobile Platform which we believe will revolutionize the way Mobile Cellular services are accessed in the Americas. This is the first step in a series of offerings that will be made to customers via their Leagoo Smart Phone. Leagoo Smart Phones are a high quality product at competitive price points that fit our overall expansion plans.”

“This initiative fits well with Intelligent Cloud Resources Inc.’s longer term vision of delivering market disruptive products and pricing to the millions of consumers who are looking for better deals in the Mobile Phone and Application space,” she added.

The Fonia “All Access Mobile” Inc. is an end-to-end Mobile solution, working primarily to serve individuals, regardless of their credit score, through an MVNO (Mobile Virtual Network Operator) Fonia Mobile (and Fonia Financial). The Fonia “All Access Mobile” service will bundle a traditional handset sale with a hybrid phone rate plan (a mix of prepaid and postpaid plans) and a prepaid MasterCard. This benefits customers immediately as they can achieve a more affordable phone plan through Fonia, and build a credit history.

To effect the permanent license in the designated territory, Intelligent Cloud Resources is completing a placement of US $1,000,000 and shall transfer 34 million existing restricted shares to 2440499 Ontario Inc., the developer of Fonia “All Access Mobile”.

About Intelligent Cloud Resources: The Company has been aiming to offer cloud enabler and cloud broker services to small and medium sized organizations in Canada and plans to expand to such organizations. The launch of the Fonia “All Access Mobile” platform will be a powerful consumer oriented addition to Intelligent Cloud Resources’ product offering.

For more information visit: http://intelligentcloudresources.com

Contact:

Intelligent Cloud Resources Inc.

Press Relations

info@itllcloud.com

Forward-Looking Statements

This release contains forward-looking statements. Forward-looking statements, without limitation, may contain the words believes, expects, anticipates, estimates, intends, plans, or similar expressions. Forward-looking statements are not guarantees of future performance. They involve risks, uncertainties and assumptions and actual results could differ materially from those anticipated. Forward looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements.

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