October 1, 2008

Provision Interactive Launches New 3D Product in First MyStudio Recording Studio

By Publisher

MyStudio With Provision’s HL40 Classic Studio Debuts This Week at Scottsdale Fashion Square Mall

CHATSWORTH, CA–(MARKET WIRE)–Sep 30, 2008 — Provision Interactive Technologies, a subsidiary of Provision Holding, Inc. (OTC BB:PVHO.OB - News), today announced that its new 3D Holographic display, The HL40 Classic Studio (HL40CS) debuts this week in the first MyStudio recording studio at the Scottsdale Fashion Square Mall in Scottsdale, Arizona. The new HL40 Classic Studio is the first of as many as 1,000 units which will roll out in MyStudio recording studios around the country. The MyStudio contract will generate up to $7 million in revenue from hardware sales for Provision during the next 18 months.

Provision’s HL40CS units utilize Provision’s patented Holo(TM) 3D technology which projects full-color, high-resolution videos into space detached from the screen. The versatile nature of the streaming videos allow for endless advertising possibilities for a variety of industries.”We’re excited about the launch of MyStudio, with our Provision HL40CS inside, as it represents the beginning of a great product rollout across the country,” said Curt Thornton, CEO Provision Interactive. “We’re also excited because our partnership with MyStudio represented a challenge to make a unit that is as compact as possible. We delivered a high quality product in a tight package for MyStudio. As a result, we’ve named it, the HL40 CS.”MyStudio recording studios allow customers to create personalized music videos, as well as videos for modeling, comedy, dating, resumes, auditions and personal messages, and post them online for public viewing. Provision’s HL40 Classic Studio displays will be installed on the exterior of the studios where people passing by can easily interact with the holograms.

MyStudio celebrated its first recording studio in Scottsdale on Saturday September 27th.

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.


Contact:

     CONTACT:
     Wendi Tush or Lindsey Gardner
     The Lexicomm Group
     http://www.lexicommgroup.com
     PHONE: (212) 300-2142
     (212) 300-2132
     E-MAIL: Email Contact
     Email Contact

Source: Provision Interactive

Comments

You must be logged in to post a comment.