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Provision
Holding Inc. (OTCBB: PVHO)
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Dear Reader,
Just recently, we published regarding Provision Holding Inc's (OTCBB:PVHO) breakthrough agreement to get their revolutionary holographic advertising
technology in Fred Meyer stores. We commented as to how this breakthrough
deal is the sort of thing we instruct our readers to watch and wait for,
enabling them to better parse companies with promise from publicly traded
pariahs. And now PVHO appears to have another extremely significant success
announced.
A purchase agreeement announced this morning that could generate up
to $7 million over the next year and a half through the sale of up to 1,000
of the company's 3D advertising units. We're also intrigued by the seminal
prospects of such a deal as we firmly believe that the more PVHO's devices
are seen in stores, the more awareness of the product will increase. It
is completely reasonable to believe that 1,000 units installed in stores
could generate a dramatic exponential increase in sales going forward.
The irony is that these advertising units could well become the best advertisement
FOR the company.
As we've always said, you
have to see PVHO's product to believe how truly innovatve it is.
A thousand units over the next eighteen months could be an enormous step
in creating awareness of this product and of course, significant revenue.
And please be sure to review our profile HERE for more detailed information on PVHO
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Breaking NEWS from Provision Holding Inc. |
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Press
Release Source: Provision Interactive
Tuesday
June 24, 8:45 am ET
Provision
Interactive Announces Purchase Agreement From Studio One Media for up to
1,000 3D Units
The Contract
Is Valued at up to $7 Million Over the Next 18 Months
CHATSWORTH,
CA--Jul 15, 2008 -- Provision Interactive Technologies, Inc. ("Provision"), a subsidiary
of Provision Holding, Inc. (OTC BB:PVHO.OB - News), announced today that
shipments to Studio One Media, Inc. for up to 1,000 3D holographic units
will begin pursuant to a Strategic Alliance and Purchase Agreement. The
contract will generate up to $7 million in revenue for Provision over the
next 18 months.
Provision
has received from Studio One Media a purchase order for the first five
of Provision's 3D holographic units. Studio One will integrate Provision's
3D holographic display technology into Studio One's self-contained MyStudio
recording studios, which will be installed in high-traffic public locations,
such as shopping malls, beginning later this year.
"The
execution of this agreement will introduce Provision's revolutionary 3D
video holograms to new venues and new consumers across the country. MyStudio's
younger demographic is a set of early adopters who will undoubtedly be
eager to explore, use, and have fun with the technology," said Curt Thornton,
President and CEO of Provision. "We have tested our 3D holograms in public
locations like the ones the recording studios will be installed, and we
know they will quickly attract an audience."
Provision's
3D units utilize its patented Holo(TM) 3D technology which projects full-color,
high-resolution videos into space detached from the screen, without any
special glasses. The versatile nature of the streaming videos allow for
endless advertising possibilities for a variety of industries.
MyStudio
recording studios will allow customers to create personalized music videos,
as well as videos for modeling, comedy, dating, resumes, auditions and
personal messages, with the 3D holographic units and post them online for
public viewing. Provision's 3D holographic displays will be installed on
the exterior of the studios where people passing by can easily interact
with the holograms.
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
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 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.
We disclaim and do not undertake any obligation to update or revise any
forward-looking statements.
CONTACT:
Wendi Tush or Lindsey Gardner
The Lexicomm Group
http://www.lexicommgroup.com
(212) 300-2142
(212) 300-2132
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About Provision |
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... does it engage the audience?
YOU BE THE JUDGE
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Amazing 3D Holographic Display
Solutions for Retail Sales Enhancement, Advertising, Narrowcasting, Entertainment,
ATM, and Kiosk Applications
Provision Holding, Inc. ("Provision""PVHO") develops and distributes
three-dimensional (3D) holographic interactive display systems primarily
for advertising and product merchandising markets. The systems display
a moving 3D image size to 40 inches in front of the display, projecting
a digital video image out into space detached from any screen. It
offers display systems for application in advertising and retail networking
systems; electronic transaction terminals; virtual store kiosks; and trade
show, and indoor and outdoor visual display units.
Provision Holding's interactive display
technologies deliver images that engage and inform customers at point of
sale and in-store advertising locations in a dramatic and persuasive manner,
thereby influencing customers in their purchase-making decisions.
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The futuristic nature of Provision has created several early commercial applications. PVHO's initial
line of display systems has proven to be ideally suited for indoor and
outdoor point-of-sale, merchandising and point of sale related advertising
venues. Provision is currently the market leader in true 3D consumer advertising
display products being implemented by leading consumer focused Fortune
1000 companies. |
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.
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Products |
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SEEING IS BELIEVING
www.youtube.com/Provision3D
Click Above or cut and paste: http://www.youtube.com/Provision3D
Provision's floating image display technologies
have multiple market applications across a broad spectrum of industries.
The Company is initially focusing its efforts on the $6 billion point-of-purchase
and advertising markets. Within the point-of-purchase market, Provision
believes that Digital Signage represents a $1.2 billion segment and is growing at a pace of 10 percent
per month.
Provision has shipped over
400 HoloVision systems around the world
and is in the implementation phase
of installing their 3DEO Reward Centers in the
Kroger grocery store chain of Fred
Meyer which has over 130 stores in
the Pacific Northwest.
Provision's proprietary and patented display technologies, software,
and innovative systems are unparalleled in attracting consumer attention.
Provision displays project three dimensional digital video images out into
space detached from any screen, rendering truly independent floating images
featuring high definition and crisp visibility
from distances up to 100 ft and up to 60° viewing angles.
Provision 3D display systems feature the optimal blend
of cost effective, lightweight, and compact display elements
available in today's marketplace. All systems are based
on industry standards and are Internet enabled
for convenient remote network management.
a
Content Development
3D Multimedia for Any Display
a
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Recent News from PVHO |
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Press
Release Source: Provision Interactive
Tuesday
June 10, 8:45 am ET
Provision
Interactive 3DEO Centers to Be Installed in 127 Fred Meyer Stores
The Company
Has Signed a Three-Year Contract With the Multi-Department Store Chain
CHATSWORTH,
CA--(MARKET WIRE)--Jun 10, 2008 -- Provision Interactive Technologies,
Inc. ("Provision"), a subsidiary of Provision Holding, Inc. (OTC BB:PVHO),
announced today that it has signed a three-year agreement with Fred Meyer
Stores, a division of The Kroger, Co. (NYSE:KR - News), to install Fred
Meyer 3DEO Centers in 127 locations in the Pacific Northwest. Installation
of the centers will begin this month in Portland, OR, in high traffic,
high visibility locations close to the main entrance of the store.
The
Fred Meyer 3DEO Centers utilize Provision's patented Holo(TM) 3D technology
which projects full color, high resolution videos into space detached from
the screen, without the need for any special glasses. The kiosks will be
a destination for shoppers looking for promotions, sweepstakes, or coupons
for products and services.
"Our
customers rely on us to continually provide ways to make their shopping
quick, easy convenient and one-stop," said Lynn Gust, executive vice president
of Merchandising and Advertising for Fred Meyer Stores. "We looked at
several in-store video and display programs, but Provision's systems are
truly traffic-stopping."
"Our
3D holographic video displays can be used to advertise and promote a variety
of products and services within Fred Meyer stores," said Curt Thornton,
President and CEO of Provision. "We look forward to facilitating the many
creative ways the kiosks will be utilized to give the customers an entertaining
and engaging experience."
The
Fred Meyer 3DEO Centers have a 40-inch display with dual touch screens.
Friendly, helpful greeters will staff each kiosk at Fred Meyer stores for
the first ninety days to aid consumer education. A list of Fred Meyer stores
with kiosks is available upon request. MORE
Press Release Source:
Provision Interactive
Monday June 2, 8:45
am ET
Provision Interactive to Present
at the Ninth Annual Intel Capital CEO Summit
President and CEO Curt Thornton
Will Join Top Industry Executives
to Discuss New Developments in
Technology
CHATSWORTH, CA--(MARKET
WIRE)--Jun 2, 2008 -- Provision Interactive Technologies, Inc. ("Provision"),
a subsidiary of Provision Holding, Inc. (OTC BB:PVHO), announced today
that the company's President and Chief Executive Officer, Curt Thornton,
has accepted an invitation to take part in the ninth annual Intel Capital
CEO Summit. The conference will take place at the Fairmont Hotel in San
Francisco, California, from June 2-5, 2008.
"It was an honor to receive
an invitation to join some of the world's most innovative thinkers," said
Curt Thornton, President and CEO of Provision. "Provision has always been
a company that develops revolutionary applications for our technologies.
I look forward to discussing the future with other visionary executives."
The exclusive four-day
event will bring together top level industry executives for networking,
panel discussions, and a series of keynote presentations. Guests will explore
key facets of successful entrepreneurship and discuss the latest inventive
technologies their companies have developed.
Leaders from Intel and
other market-leading companies from around the world will share developing
strategies and market trends with a focus on the future of technology in
business. Speakers include: Arvind Sodhani, Intel Capital President; Lech
Walesa, Nobel Peace Prize winner and former President of Poland; Kris Gopalakrishnan,
CEO of Infosys; and Gregory B. Maffei, President and Chief Executive Officer
of Liberty Media Corporation. MORE
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Financial Highlights For Provision |
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Letter From the CEO
| Dear Current and Prospective Shareholders,
This summer is a season of extraordinary growth for Provision Holding,
Inc. and its subsidiary and operating company, Provision Interactive Technologies,
Inc. (“Provision”). Our current initiatives have catalyzed the development
of Provision into an emerging digital media company - utilizing our 3D
holographic video display as a platform and distribution portal for retailers
and advertisers.
Big News
By now, I hope you have seen the June 2008 announcement about the launch
of our 3DEO Media Centers in the first 29 out of the total of 127 Fred
Meyer stores. This followed our March 2008 announcement about the installation
of 3DEO Media Centers in the initial 47 independent Hispanic stores in
Southern California. This is only the beginning, as we meet and negotiate
with several new retailers each month. Now that we have a dedicated advertising
platform, we have been able to announce the receipt of advertising placements
on our 3D platform from some of the largest manufacturers in the country
– yet another step in Provision’s transition from hardware purveyor to
a
digital media company. In addition to projecting 3D holographic advertisements,
our 3DEO Media Center allows consumers to print coupons as well as receive
non-cash awards. Given our potential in the advertising market, Provision
is focused on creating recurring revenue streams from the sale of advertising
space on each unit placed inside a retail store. Combining retail locations
and recurring
advertising revenue - this is where our exponential growth will come
from.
Our New Look
To mark our emergence as a digital media company, we have decided to
create a new logo and website. Working with a very talented web developer,
we’ve been creating a new website that not only changes the visual look
of the company but also redefines us as a digital media company. The new
site will have resources for retailers, advertisers, content developers
and more. You will see new content that
captures the essence of who we are today. You will have immediate access
to press releases, industry articles and white papers that continue to
reflect where we’re at and where we’re going. Of course, this will also
benefit current customers as well as new ones. We anticipate launching
this new site in the next couple of weeks.
You might have heard me say, “We’re the best kept secret on the planet”.
We are, however, committed to changing that. You’ve seen the beginning
of a strong public relations campaign. During March, April and May we’ve:
1) released a total of 16 press releases that was picked up by over 100
agencies across the country, and 2) seen 23 magazine and internet articles
published on the company.
While we continue to build momentum in the industry, markets and trade
journals, we’ve got to do the same in the financial community. To that
end, we’ve just begun a new Investor Relations campaign to expand our reach
there. We want to reach as many people in the financial community as possible
- from individual investors, brokers and dealers to institutions, with
the great news of our company. With a
nationwide-targeted network of retail and institutional leaders and
market makers, our new IR firm has been commissioned to communicate our
company’s success, anticipating the good news will motivate positive market
activity.
While we’ve accomplished a lot, we’ve got a lot of work ahead too. This
is a journey; a fun one too. We appreciate your continued support as our
momentum continues to rise.
Best regards,
Curt Thornton
Chairman & CEO |
Sector: Services - Industry: Marketing Services
OTCBB: PVHO
Recent Trade: $1.10
52wk Range: $0.90 - $1.80
50-Day Moving Average: 1.45
200-Day Moving Average: 1.67
Average Volume (50 day): 2,400
Shares Outstanding: 24.13M (approx)
Approximate Market Cap: $26.54M
Revenues for the nine months ended March 31, 2008 increased
49.2% to $461,245
from $309,077 for the nine months ended March 31, 2007.
To
view all of the PVHO SEC filings at Yahoo, Click
Here
a
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PVHO Company Contacts |
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Provision Holding Incorporated
9253 Eton Avenue, Chatsworth, CA 91311
Telephone: 818.775.1624
Curt Thornton, Chairman, CEO, President
e-mail: curt@provision.tv
Investor Inquires
The Lexicomm Group
Wendi Tush - 212.300.2142
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