Provision Interactive Announces New Patents
Provision's Intellectual Property Assets Get a Powerful Boost in Global Protection
The Lexicomm GroupCHATSWORTH, CA--(Marketwire - March 31, 2009) - Provision Interactive Technologies, Inc. ("Provision"), a subsidiary of Provision Holding, Inc. (OTCBB: PVHO), announced today that several pending patents on its revolutionary technology have been allowed and issued. The new patents boost Provision's intellectual property protection in the U.S. and in China. Additionally, Provision has filed six new patent applications in Europe.
Provision received a new Notice of Allowance by the U.S. Patent & Trademark Office for its 3D holographic product known as "HoloVision." This patent for its Real Image Projection Device covers the proprietary use of a plastic optic for improving image quality and reducing costs.
"The new patent and its claims allow us to expand our powerful portfolio of products," said Curt Thornton, president and CEO of Provision. "The new products, well into development, represent important new market channels for Provision."
In addition, the Company has received four Notices of Allowance for Utility Model patents from the State Intellectual Property Office of the People's Republic of China.
"China clearly represents a huge opportunity for us, and we want to be ready when we go there. These four patents will protect Provision and its product line as China continues to develop the integrity of its intellectual property legal system," said Thornton.
Provision has several other International (PCT) Patent Applications pending, and has just filed six additional patents in Europe. Thornton expects Europe to be as big a market for Provision as the U.S., and has taken these aggressive steps to protect the Company, its distributors and customers worldwide.
