Provision Interactive Teams With ADCENTRICITY to Increase Advertising Revenues
Five-Year Partnership Will Add Power to Provision’s 3DEO Media Center Network
CHATSWORTH, CA–(MARKET WIRE)–Dec 8, 2008 — Provision Interactive Technologies, Inc. (”Provision”), a subsidiary of Provision Holding, Inc. (OTC BB:PVHO.OB - News), announced today that it has signed an agreement with ADCENTRICITY Inc. to sell advertising on its revolutionary 3D digital signage network. The five-year agreement is a solid alliance to propel Provision’s fast-growing network.
Provision’s expansion plans include a current agreement with Long Island Gasoline Retailers Association (”LIGRA”) to install its patented 3D holographic displays in up to 800 member stores throughout New York. Provision also has three-year agreements with several independent Hispanic grocery store chains to install 3DEO Reward Centers in 47 southern California locations.
After the anticipated rollout in 2009, Provision will become the nation’s largest 3D digital signage network. ADCENTRICITIY’s advertisers will be able to feature their messaging on Provision’s extraordinary network in a variety of forms, including 3D holographic videos and digital coupons.
“Even during this current economic downturn, digital out-of-home advertising is the one advertising channel still showing double digit growth in 2008 and 2009,” said Curt Thornton, President and CEO of Provision. “We are thrilled to partner with an industry leader like ADCENTRICITY.”
“We’re very excited about partnering with Provision,” said Rob Gorrie, CEO and Founder ADCENTRICITY. “The combination of Provision’s and ADCENTRICITY’s proven offerings will help our advertisers reach consumers more effectively, thereby deepening customer relationships. This partnership demonstrates our commitment to integrate with best-in-class partners of digital signage properties, in addition to further enhancing our ability to provide world-class media opportunities to our customers.”
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. For more information, please visit Provision at www.provision.tv.
Forward-Looking Statements
This press release contains 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; the ability to develop customers and market expertise; changes in business strategy; the impact of technological change; and other risks referenced from time to time in the Company’s filings with the Securities and Exchange Commission. Some of the statements that are “forward-looking statements” can be identified by the use of terminology such as “estimates,” “projects,” “plans,” “believes,” “expects,” “anticipates,” or “intends.” We disclaim and do not undertake any obligation to update or revise any forward-looking statements.
Contact:
CONTACT:
Wendi Tush
(212) 300-2142
Email Contact
or
Lindsey Gardner
(212) 300-2132
Email Contact
The Lexicomm Group
http://www.lexicommgroup.com
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