CHATSWORTH, CA--(Marketwired - October 27, 2015) - Provision Interactive Technologies, Inc. ("Provision"), a subsidiary of Provision Holding, Inc. (OTC PINK: PVHO) announced today, that more than 150 3D Savings Center Kiosks have been successfully installed. These installations represent further penetration of the New York City and Los Angeles markets for a key retail partner, one of the largest retail drugstore chains in the United States. Provision's 3D Savings Center Kiosks generate eye-popping, three dimensional, holographic videos and will include exclusive loyalty card information and promotions. Currently, the kiosks are featuring ads for store brand products.
The 3D Savings Centerkiosk contains Provision's patented and award-winning 3D holographic display, which has been proven to generate a great deal of attention from retail customers. Each unit also has a 2D interactive touch screen that provides consumers access to loyalty card information as well as promotions, rewards, and coupons. Brand marketers will be able to showcase their products via 3D advertising and engage viewers via the interactive touch screen interface.
The 3D holographic display projects videos in front of the screen without the need for any special glasses and without any uncomfortable eye stress.
"Today's announcement is meant to further two goals that are of particular importance to management as we move forward as a public company," said Provision President and CEO Curt Thornton. "The first is to show that our roll-out is rapidly increasing our presence in the two largest advertising markets in the United States; within one of the largest retail drug-store chains. The second is to support our commitment to increased shareholder communication and transparency as we accelerate the commercialization phase of our growth. We are fortunate to have been able to identify a strong financial partner to enable our Company to ramp up the manufacturing and installation process."
About Provision Interactive Technologies, Inc.
Provision Interactive Technologies, Inc., a subsidiary of the publicly traded company Provision Holding, Inc. (OTC PINK: PVHO), 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 companies.
This press release contains projections of future results and other forward-looking statements that involve a number of risks and uncertainties. Important factors that may cause actual results and outcomes to differ materially from those contained in the projections and forward-looking statements included in this press release are described in our publicly filed reports. Factors that could cause these differences include, but are not limited to, the acceptance of our products, lack of revenue growth, failure to realize profitability, inability to raise capital and market conditions that negatively affect the market price of our common stock. The Company disclaims any responsibility to update any forward-looking statements unless legally required.
For more information, visit www.provision.tv.
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