Provision Interactive Gets Advertising Commitment From Fortune 50 Food Giant
Company Will Promote up to Ten Products Through Provision’s 3DEO Reward Centers
CHATSWORTH, CA–(MARKET WIRE)–Apr 1, 2008 — Provision Interactive Technologies, a subsidiary of Provision Holding (OTC BB:PVHO.OB - News), announced today that it has received a commitment from one of the world’s largest food and beverage companies to advertise up to ten products utilizing Provision’s 3DEO Reward Centers. The selected brands will encompass a diverse cross section of items from the manufacturer, including beverages, frozen foods, and health and pet care products.
The food and beverage company saw sales of more than $8 billion last year in the U.S. alone. The two companies will be in discussions about which specific products will best utilize Provision’s patented technology.”Working with this leading Fortune 50 food and beverage company is taking our proof of concept to a whole new level,” said Curt Thornton, President and CEO of Provision Interactive. “As we create the perfect technology and distribution package for this consumer product giant, the point-of-purchase power our 3DEO reward centers offer will be showcased magnificently. And of course, the ad revenues from such a quality partner will be most welcome.”
The 3DEO Reward Centers utilize Provision’s patented, extraordinary Holo(TM) 3D holographic video display technology, which can be used to promote all types of products and services. The powerful 3D imagery coupled with 3DEO Reward Center generated coupons are a powerful tool to break through the clutter of traditional in-store advertising.
About Provision Interactive Technologies, Inc.
Provision Interactive Technologies, Inc., a subsidiary of the publicly traded company Provision Holding, Inc. (OTC BB:PVHO.OB - News), is the leading purveyor of intelligent interactive 3D holographic display technologies, software, and integrated solutions for both commercial and consumer focused applications. Provision’s 3D holographic display systems represent a revolutionary technology that provides the projection of full color, high resolution videos into space detached from the screen, without any special glasses. Provision is currently the market leader in true 3D consumer advertising display products being implemented by innovative, consumer-focused Fortune 1000 companies. For more information, please visit Provision at www.provision.tv.
Forward-Looking Statements
Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company’s actual results to differ materially from those projected in such forward-looking statements. These risks, assumptions and uncertainties include: the ability to complete systems within currently estimated time frames and budgets; the ability to compete effectively in a rapidly evolving and price competitive marketplace; changes in the nature of telecommunications regulation in the United States and other countries; changes in business strategy; the successful integration of newly acquired businesses; the impact of technological change; and other risks referenced from time to time in the Company’s filings with the Securities and Exchange Commission.
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