Nihon Unisys to Bring Provision Technology to Japanese Retailers
Introductory Program Projected to Grow to
Hundreds of 3DEO Units Throughout Japan
CHATSWORTH, CA–(MARKET WIRE)–Mar 17, 2009 — Provision Interactive Technologies, Inc. (”Provision”), a subsidiary of Provision Holding, Inc. (OTC BB:PVHO.OB - News), announced today that it has sold several of its 3-D interactive retail products to Nihon Unisys, one of the leading providers of information technology and communications systems in Japan. The units will be tested in the Japanese retail marketplace immediately.
Nihon Unisys has ordered 1 3DEO Reward Center kiosk and 5 HL40D products, which were delivered in January. Upon successful testing, Nihon Unisys will begin to duplicate the in-store marketing and couponing program developed by Provision for the U.S. retail marketplace. Nihon Unisys has already placed a second re-order this month to complement the products they’ve received in January. They’ve expanded their test to include Provision’s HL17 product as a digital signage platform in other areas beyond just the 3DEO program.
“Provision will be delivering a complete turnkey system,” said Provision CEO Curt Thornton. “We believe Japan is a terrific market for this technology and Nihon Unisys is the perfect company to introduce this revolutionary system.”
Once the test program is completed successfully, Nihon Unisys projects the 3DEO program to be launched with several hundred systems throughout Japan.
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 Media Relations: The Lexicomm Group Wendi Tush Tel: (212) 300-2142 Email Contact Lindsey Gardner (212) 300-2132 Email Contact http://www.lexicommgroup.com
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