SOURCE: Provision Interactive

Provision Interactive

January 28, 2013 09:00 ET

Provision Interactive Expands European Distribution

New Agreement With Stereoscape Increases Purchase Orders and Shipments to Europe

CHATSWORTH, CA--(Marketwire - Jan 28, 2013) - Provision Interactive Technologies, Inc. ("Provision"), a subsidiary of Provision Holding, Inc. (PINKSHEETS: PVHO), announced today that it has signed a new Distribution Agreement with Finland based Stereoscape, for the marketing and sales of Provision's 3D products in the UK, Finland, Russia and Sweden. Under the terms of the agreement Stereoscape will begin a strong marketing and sales campaign focused on Provision's 3D solutions in those European countries. 

Stereoscape will continue to expand the purchase and distribution of Provision's 3D holographic displays, most notably the models HL40 and HL17. Tomi Luostarinen, CEO of Stereoscape, said, "We have worked with Provision very successfully on a number of projects. Now that we have been chosen as an official distributor of Provision's unique product line, we can maximize our potential as a true end-to-end 3D solutions company. We're excited to have this opportunity to take our collaboration to the next level."

"Robust orders from Stereoscape show that they are eager to market and expand their 3D digital media platform with Provision's innovative products," said Curt Thornton, President and CEO of Provision. "We're thrilled to have Stereoscape as our distributor." 

About Provision Interactive Technologies, Inc.

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

About Stereoscape

Stereoscape, a forward thinking 3D solutions company, is at the forefront of digital media. Offering a complete turn-key solution to visual communication and experiential marketing, Stereoscape is committed to finding the most compelling and creative solution for its clients.

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