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Monday, 03/23/2009 12:38:33 PM

Monday, March 23, 2009 12:38:33 PM

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Provision Interactive Joins Forces With IBM on Several Fronts to Utilize Each Other's Unique Technologies

Provision Will Also Become a Member of IBM's PartnerWorld Program



Chatsworth, CA--(Marketwire - March 23, 2009) - Provision Interactive Technologies, Inc. ("Provision"), a subsidiary of Provision Holding, Inc. (OTCBB: PVHO), announced today that it has entered into programs with IBM designed to promote both firms' unique best-in-class technologies.

Provision has signed an agreement with IBM to become a member of IBM's PartnerWorld program, part of the IBM Venture Group. PartnerWorld is IBM's worldwide marketing and enablement program designed to create new revenue and market opportunities for IBM Business Partners. Through this program, Provision will be working with various groups within IBM to utilize IBM's services as well as introduce Provision's technology to IBM's customer base.

In addition, IBM's has just introduced Provision's HL40D system, with Air Touch, into their Innovation Lab, in Bentonville, Arkansas. The plan is to execute a 90-day pilot program to see how Provision's technology fits into future roll out plans for IBM and their retailers.

"IBM is a blue-chip partner in every sense of the word," said Provision CEO Curt Thornton. "We can create extraordinary opportunities together in a variety of areas including brand building, advertising and promotion."

Last month IBM showcased another HL40D system with Air Touch at its booth at the NRF (National Retail Federation) show.

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.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 impact of technological change; 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.

CONTACT:
Media Relations:
The Lexicomm Group
Lindsey Gardner
(212) 300-2132
Email Contact

Wendi Tush
(212) 300-2142
Email Contact



http://www.marketwire.com/press-release/Provision-Interactive-964578.html

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