SOURCE: Provision Interactive

Provision Interactive

April 29, 2009 08:45 ET

Provision Interactive Jumps First Hurdle in Development of 3D Consumer Product

New Product to Open Vast Global Consumer Entertainment Market Opportunities

CHATSWORTH, CA--(Marketwire - April 29, 2009) - Provision Interactive Technologies, Inc. ("Provision"), a subsidiary of Provision Holding, Inc. (OTCBB: PVHO), announced today that it has taken a critical first step in the development of a 3D consumer product which will ultimately be targeted as a high volume product for the home game market.

The Company made its first breakthrough by creating a sleek and stylish molded plastic enclosure for its 3D digital prototype. The new consumer product will be the first of its kind and will exponentially expand the reach of Provision's cutting edge technology. The "out-of-the-box, plug-and-play" 3D display will be designed to be completely compatible with the most popular game consoles on the market.

"We've taken a very big step in producing our first soft mold tool for the enclosure of our 3D displays," said Provision CEO Curt Thornton. "While we've got a lot of work to do, this product could very well be a game-changer for us -- no pun intended."

The new 3D consumer product will also ultimately benefit Provision's market-leading, retail partners. The Company plans on applying its successful consumer development solutions to its digital out-of-home media products, providing our partners with products that are lower cost, lighter weight, and have futuristic industrial design.

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 generate revenues; 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 the Company's 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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