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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, MO / ACCESSWIRE / December 14, 2016 / Intelligent Cloud Resources (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, 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: www.intelligentcloudresources.com


Intelligent Cloud Resources Inc.
Press Relations

Forward-Looking Statements

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SOURCE: Intelligent Cloud Resources Inc.