SOURCE: Provision Interactive

Provision Interactive

June 17, 2009 08:45 ET

Provision Interactive Announces New U.S. Patent

Provision Bolsters Intellectual Property Assets of Its 3D Holographic Technology

CHATSWORTH, CA--(Marketwire - June 17, 2009) - Provision Interactive Technologies, Inc. ("Provision"), a subsidiary of Provision Holding, Inc. (OTCBB: PVHO), announced today that one of several pending patents on its revolutionary 3D video technology has been allowed and issued by the U.S. Patent & Trademark Office. This brings the total to 14 patents allowed and issued to Provision for its proprietary technologies, with a total IP portfolio of 40 assets.

The Company received a new Notice of Allowance by the U.S. Patent & Trademark Office for its 3D holographic product known as "HoloVision." The patent for its Aerial Display System covers the proprietary use of a plastic optic for improving image quality and reducing costs.

"Provision is constantly working on developing the most innovative 3D technologies it can to bring to market," said Curt Thornton, president and CEO of Provision. "This latest patent represents another improvement we are proud to have developed, that will improve our products while simultaneously reducing the cost for our clients."

Provision's patented Holo™ 3D technology projects full-color, high-resolution digital videos into space detached from the screen. No special glasses are required to view the holograms. Retail kiosks and terminals incorporating Provision's technology are destinations 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. For more information, please visit Provision at www.provision3dmedia.com.

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 develop customers and market expertise; the ability to compete effectively in a rapidly evolving marketplace; the impact of technological change; our ability to protect our intellectual property in the United States and other countries; our ability to raise capital to implement our business plan; and other risks referenced from time to time in our 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.

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