Pandora Release is a term used to describe the release of a new product or service. It is named after the Greek mythological figure Pandora, who opened a box and released all the evils of the world. In this context, Pandora Release refers to the launch of a new product or service, which can bring both good and bad consequences. The term ILLS is an acronym for Initial Launch Life Support, which is a set of services and support provided to ensure the successful launch of a new product or service.