SOURCE: Provision Interactive

May 14, 2008 08:45 ET

Provision Interactive Explores New Growth Markets With New Sales Partner

CHATSWORTH, CA--(Marketwire - May 14, 2008) - Provision Interactive Technologies, Inc. ("Provision"), a subsidiary of Provision Holding, Inc. (OTCBB: PVHO), announced today that it has signed a sales and marketing agreement with Sarasota, Florida based Lifestyle Ventures, LLC. Under the agreement, Lifestyle Ventures will sell Provision's 3D holographic video technology to automotive racing markets and to Indian gaming resorts. According to the National Indian Gaming Commission, revenues generated by the nearly 400 gaming establishments in the United States are close to $18.5 billion.

"The racing and gaming industries are two markets that are gaining considerable momentum," said Curt Thornton, President and CEO of Provision. "We believe this is the perfect time to explore these markets and to generate revenues from our technology in new ways."

Lifestyle Ventures has been highly successful because of its ability to quickly penetrate and sell unique products and services to a wide variety of markets. Its national network of top level professionals brings strong contacts and market expertise to all of their endeavors.

"We have received an outstanding response to the 3D technology and products from some major companies in our sectors," said Carl Smith, Managing Partner of Lifestyle Ventures. "We are looking forward to assisting Provision in becoming tremendously successful in new growth markets."

Principals of Lifestyle Ventures have previously found success by creating the largest reward-based prepaid phone card business, and marketing operator services products to the hospitality industry for MCI.

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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