CHATSWORTH, CA--(Marketwire - August 10, 2009) - Provision Interactive Technologies, Inc. ("Provision"), a subsidiary of Provision Holding, Inc. PVHO, announced today that it has received a signed a letter of intent from LocalAdLink, a subsidiary of Beyond Commerce, Inc. to support Provision's local and regional advertising sales as it continues to roll out its 3D digital media platform throughout the U.S.
"LocalAdLink has more than 10,000 sales associates working daily to provide cost effective advertising solutions for thousands of local and regional businesses across the country," said Provision CEO, Curt Thornton. Its ad sales program is capable of supporting the 100 retail locations we are currently launching, as well as Provision's plans of growth into a national retail program of 5000+ stores. LocalAdLink's on-line services, coupled with its partnerships with Google, Yahoo and others creates tremendous reach into the local advertising community for Provision."
LocalAdLink CEO, Bob McNulty said Provision's key value proposition is attractive to his company.
"The ability to dispense coupons, promotions and branding opportunities in conjunction with a national retailers reward center creates a powerful relationship between the national retailer, local businesses, and the customer in the local community," said McNulty. "This win-win relationship coupled with the power of 3D and digital cost effectiveness will keep our sales associates and clients highly motivated to participate in Provision's retail network."
About Provision Interactive Technologies, Inc.
Provision Interactive Technologies, Inc., a subsidiary of the publicly traded company Provision Holding, Inc. 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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