SOURCE: Provision Interactive Technologies, Inc.

July 31, 2008 08:45 ET

Provision Interactive Teams With LocalVision Digital Advertising to Increase Advertising Revenues

The Partnership Will Add New Impressions Each Month to Provision's 3DEO Media Centers

CHATSWORTH, CA--(Marketwire - July 31, 2008) - Provision Interactive Technologies, Inc. ("Provision"), a subsidiary of Provision Holding, Inc. (OTCBB: PVHO), announced today that it has signed an agreement with LocalVision Digital Advertising to bring the company's advertising portfolio to Provision's 3DEO Media Center.

The partnership will bring LocalVision's advertising to Provision's 84 screens, including Fred Meyer Stores, in the greater-Portland area, adding more than 5 million new impressions per month to Provision's screens. LocalVision's top-tier brand advertisers will now be able to feature their messaging on Provision's fast-growing network of 3DEO Media Centers located in retail locations. The advertisements can be in a variety of forms, including 3D holographic videos and digital coupons.

"The collaboration between Provision and LocalVision is a great partnership in the rapidly expanding out-of-home digital advertising market," said Curt Thornton, President and CEO of Provision. "National advertisers can now place their brands' messaging on 3DEO Media Centers and reach consumers at a time and place where they are most likely to be receptive and take action."

Consumers report that advertising on digital signage catches their attention more than any other media, including television, according to a 2007 OTX Digital Out-of-Home Media Attitude and Awareness study.

Provision's 3DEO Media Centers in Fred Meyer Stores utilize Provision's patented Holo™ 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.

About Provision Interactive Technologies, Inc.

Provision Interactive Technologies, Inc., a subsidiary of the publicly traded company Provision Holding, Inc. (OTCBB: 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 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.

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