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PVHO 1 @ 0.95 x 0.11, 0.115 -- up day boys!
Ceocast NewsLetters: Special Situations: Provision Holdings, Inc.
Any successful retailer will tell you that strong point-of-sale advertising is crucial to the success of any retail marketing campaign. In the US alone, POS spending exceed $17 Billion, with 80% of all purchases resulting from POS advertising expected to grow 20% in the next five years. As advertising dollars continue to move away from traditional media toward digital media, technology provides a unique platform for advertisers to develop new approaches to gaining consumers’ attention. It seems 3D technology is becoming one of the most exciting applications of technology for advertisers, as it allows marketers to not only attract but interact with customers in much more personal and focused ways. A sharp increase in production of 3D films and the introduction of 3D televisions has piqued the interests of consumers everywhere and provides a unique opportunity for companies with an eye for its potential.
Provision Interactive Technologies, a division of Provision Holding, Inc., is a leading developer of intelligent interactive 3D holographic display technologies and integrated solutions for commercial and consumer focused applications. Provision is the largest and fastest growing 3D content distribution network in the world, and the pioneers of the first 3D holographic digital displays for mass market audiences. Since establishing their presence in 2001, the company has created 40 patents/pending patents, copyrights and trademarks, in the US, Canada, China, Australia and the EU.
PVHO retail solutions offerings feature a robust line of 3D display types. The displays are supported by HoloVision™, a patented technology which enables any digital image to be projected up to 40 inches away from a screen in 3D without the need for special 3D glasses. The displays are featured in over 2,000 retail stores in the US, including 1,300 convenience stores and 7,000 retail pharmacies, reaching more than 50 million people a week. Provision debuted its 3DEO Rewards Centers™ this past June at an exclusive VIP event for advertisers, manufacturers and press at the ESPN Zone in Downtown Los Angeles, the city's largest mixed-use footprint of entertainment, sporting events and unique lifestyle experience.
Provision has also developed an innovative directional sound device and a scent delivery system, offering the opportunity for vendors to provide a truly interactive marketing experience. The company also provides a full range of content management services, including network management and content production.
Provision’s line of products and services has been creating a buzz in the industry, and attracting top-tier companies and investors alike. Last year the received investment from Diversified Web Holdings. The company has secured a number of partnerships with industry leaders, including Google, IBM, Intel, McDonald’s, and Clear Channel, and is currently in development of a mobile marketing component to its displays with Ping Mobile. PVHO plans on extending the reach of its technology into hospitals, universities, theme parks, movie theaters, government agencies (e.g. DMV, Post Office), and consumer products including televisions and computer monitors.
Has the time finally come for the technology? Recently, PVHO entered into a Location and Revenue Share Agreement with retail giant Circle K Stores, Inc. The Agreement provides that the company and Circle K Stores, Inc. will share gross advertising revenues derived from store displays on up to 483 3D holographic screens into Circle K stores throughout the western region of the United States. Under the three-year agreement with extension, PVHO will own the holographic screens as part of its planned advertising network. PITI shall also have the exclusive right to sell advertising. Circle K Stores, Inc. will provide support for the program by recommending suppliers of their stores utilize the 3D displays for advertising purposes. Ironically, the agreement could be worth nearly as much as the company’s current market capitalization, which is less than $2 million. With companies adopting the technology, is it only a matter of time for investors?
http://www.ceocast.com/(b4apeb45dcr4dnebqy3fp155)/NewsLetters.aspx?id=568
3-D screen aims to catch eyes, sell chips at Circle K, November 12, 2010
A kiosk including a screen with interactive, "glasses-free" 3-D capability was grabbing eyeballs at the Consumer Engagement Technology World show in New York this week. The question is whether the screen can attract customers when they are installed by retailers.
The 3-D system is being marketed by ProVision 3D Media, a Chatsworth, Calif.-based firm that describes its product as "3D Hologram Advertising Visible Without Glasses." The image is shown through a monitor that can be part of a kiosk or mounted on a wall or ceiling.
Convenience store chain Circle K will begin mounting the screens on the ceiling near the cash register in its Los Angeles-area stores in the first quarter of 2011, says Bob Ostrander, ProVision's vice president, sales and business development.
Additionally Provision told prospective investors in September that it expected its technology would be seen in an unnamed retail pharmacy chain with 7,000 locations. And last April ProVision announced it had signed a deal with New York-based Charter Digital Media to sell advertising on its 3D Rewards Center Network, beginning in Los Angeles with the Hispanic Grocery Network.
The idea is to catch consumer's attention and promote impulse items like chips and candy bars, Ostrander says. "It has speed; it's fun; it's entertaining," he said.
The screen shown at the CETWorld show appeared to garner attention of people walking the lanes. The screen was atop a kiosk forcing most to look up at the image. Ostrander used a handheld controller that was reproduced onscreen as a hand. In a game demo, Ostrander held and moved a chalice on the screen and attempted to catch falling golden coins. The three-dimensional aspect added to the challenge of catching the coins.
In another demo, a string of retail brands were displayed in 3-D, appearing to move forward and backward on the screen. In one application the screen would be placed on a kiosk and displayed in high-traffic areas in a store. The retailer's suppliers could rent time on the 3-D device to show their brands.
The kiosks could also be used as part of loyalty campaigns, distributing loyalty cards or coupons of advertisers, says Ostrander. At CETW, ProVision was displaying its 3DEO Rewards Center. Wayfinding is another potential application.
According to a September 2010 Fact Sheet released by the company, ProVision generates its revenues by partnering with retailers, with ProVision providing the hardware and advertising sales support in exchange for placement of its devices near points of purchase. ProVision also offers installation and maintenance services using the field team of Eastman Kodak, says Ostrander.
In its investor presentation, Provision reported an installed kiosk could generate $8,000 in revenues per retail location, per month, from advertising fees and coupon distribution. Monthly expenses could total $2,170 with a $2,000 payment to its retailer partner and costs of $170 for servicing the kiosk. That translated to a profit of $5,830 per location, per month, ProVision says.
Provision projected the deal with the retail pharmacy chain could generate $1,800 per location, per month, due to higher costs and lower revenues than that generated from its other retail partnership. A convenience store location would not generate revenues from coupon distribution, and its profit per location, per month could be $700, according to the presentation.
Three firms have invested a total of about $6.5 million in ProVision since its start in 2001, with another $5.5 million unfunded commitment from Socios this year, according to the company fact sheet. ProVision has $150,000 in cash and $2.5 million in outstanding debt due in 2012.
Catalpa invested $3.3 million in 2001 and holds a 13 percent stake in the firm, while ProVision's executive team owning 46 percent of the company. The company claims 40 patents or patents pending in proprietary technology and it was awarded the Frost & Sullivan 2010 3D Technology of the Year award.
http://www.kioskmarketplace.com/article/177770/3-D-screen-aims-to-catch-eyes-sell-chips-at-Circle-K
Can you do a chart for PVHO?
Oh I see, the pictures are on the other hard drive right? Anyways, I would love to see how the units look in the stores :)
Sounds like it.
I'll spoon feed what I previously wrote: Fred Meyers contract concluded with their test market. It was a limited deal and its now completed. Their VP is quoted as loving the tech. I've already researched this and reported verifiable info.
Please explain where the number of 8 units came from for KV Marts. I can also pull numbers from the air too. In addition, I can also write things like "no units deployed" "get the truth" with no "cold hard fact" to back it up.
Is there a link? A copy of an e-mail? A recorded phone conversation? Something more than a forum post? Again, like I wrote, PVHO obviously has a limited number of kiosks it can deploy at a time since they're not rolling in the dough yet. Therefore its obvious they should deploy where they can make the most revenue with the best support and partnerships locally.
Nice try. Do you have any proof to back up your claims or is it again baseless? I've provided proof that Fred Meyers verbally and in writing "loves" the product and highly recommends it. I also provided proof that KV Mart's VP "loves" the product. So are you calling the VP of Fred Meyers and KV Marts liars?
I don't need to write it... I have the companies to back it up for Provision. There is nothing in the statements written in your post but something from imaginationland.
First off, you need to say where you are getting your information from otherwise its lies. Fred Meyers has 27 confirmed installed as part of a test market in the Portland, Oregon area. The reason why you won't have quotes from their VP in the last 4-5 months is because the contract has concluded as a success. They don't need to repeatedly issue press releases for Provision on how they love it.
Provision builds, operates and installs its own kiosks to these convenient store. Pursuant to their agreement, PVHO will own the kiosks, lease them inside the store and retain advertising revenue. They are not selling hundreds of these to the stores themselves, Provision is interested in getting the advertising dollars. Which means that PVHO has the obligation to finance ALL the units.
BTW KV Mart loves them:
June 8, 2010: "Provision's 3DEO Reward Centers are able to grab the attention of consumers in a way that traditional advertising has not," said Phil Gentile, Senior Vice President of KV Mart. "We are excited to have such a revolutionary technology in our stores and we know our customers will take full advantage of the promotions and coupon features."
June 8, 2010: "Provision's 3DEO Reward Centers are able to grab the attention of consumers in a way that traditional advertising has not," said Phil Gentile, Senior Vice President of KV Mart. "We are excited to have such a revolutionary technology in our stores and we know our customers will take full advantage of the promotions and coupon features."
Regarding FM, if you write it once, why the need to write it again? There's probably something written up but I don't have it. Just showing whats there.
----
Check out my post here, brand spanking new from Kodak:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56841946
PVHO is up to $0.12, so people are lovin it.
PVHO > weeeeeeeeeee soon (Kodak deal rolling out)
Ask @ $0.119 & $0.12
PVHO + KODAK = MAJOR ROLLOUT!
"Today, Kodak is currently providing installation for Provision's 3D network in retail stores. Experienced technicians are setting up 3D kiosks and configuring them for locations in grocery stores, convenience stores, and other retailers."
"Our strategy is to surround ourselves with strong partners who will help us extend and promote our brand," says Thornton. "We expect our relationship with Kodak to grow as we grow our company."
"Today, Kodak is currently providing installation for Provision's 3D network in retail stores. Experienced technicians are setting up 3D kiosks and configuring them for locations in grocery stores, convenience stores, and other retailers."
"Our strategy is to surround ourselves with strong partners who will help us extend and promote our brand," says Thornton. "We expect our relationship with Kodak to grow as we grow our company."
Tell that to Kodak. They tell a different story
NEWS! Provision 3D (PVHO) Displays Named 2010 New Product Innovation of the Year by Frost & Sullivan
"The award selection is based entirely on the findings of independent, primary market research, which is fully funded and conducted by Frost & Sullivan's industry analyst team. Previous award recipients include Kodak, AT&T, IBM, Samsung, Intel, and Phillips.
Yes. Someone should contact an admin about having PVHO (still listed on iHub as PVHOE) to take off the 'E' on iHub so its properly known as PVHO.
Please provide proof or examples. The Fred Meyers deal was a limited venture between the two companies as a trial run, it was NOT indefinate. Again, Lynn Gust is quoted as I provided:
“Our customers rely on us to continually provide ways to make their shopping quick, easy convenient and one-stop,” said Lynn Gust, executive vice president of Merchandising and Advertising for Fred Meyer Stores. “We looked at several in-store video and display programs, but Provision’s systems are truly traffic-stopping.”
http://www.provision.tv/news_press_release/r/id1=22
They don't need Lynn to comment on every little thing. That quote is from 2 years ago. Provision has moved on to bigger deals instead of some Northwestern stores in Oregon. Circle K is going to ramp out by the holidays as I confirmed with Curt and Kodak rep. There are no facts to the statements provided, no proof, just nonsense.
I haven't finished reading the 10K yet. To be honest, it looks better than I thought. McDonalds, Google, Microsoft are PVHO partners. The Circle K deal is big. The Fortune 200 companies coming out are going to be huge :)
Reuters and Hudson Squares Research both did a report a few months ago including Provision on 3D holographic projections in the future. The reports also name Samsung, Panasonic, Panavision and project PVHO's upcoming "touchable holography" to be a big big winner. In the meantime, we have the Circle K + Kodak digital signage deal (confirmed by Kodak) rolling out this holiday :)
1 @ $0.95 then $0.11 :)
PVHO news out! 3D Tech of the year by Frost & Sullivan!!!
NEWS! Provision 3D Displays Named 2010 New Product Innovation of the Year by Frost & Sullivan
HATSWORTH, CA, Nov 17, 2010 (MARKETWIRE via COMTEX) --
Provision Interactive Technologies, Inc. ("Provision"), a subsidiary of Provision Holding (OTCBB: PVHO | PowerRating), announced today that it has been named the recipient of Frost & Sullivan's 2010 North American New Product Innovation of the Year Award for 3D Holographic Displays. The Award was presented at the 2010 Best Practices Awards banquet on November 16 in San Antonio, Texas.
"We're honored, gratified and excited to receive Frost & Sullivan's esteemed recognition as Provision is the first company to be given this distinction in 3D displays," said Curt Thornton, President and CEO of Provision. "However, that is exactly what makes this award even more significant. It independently validates a core business tenet which we have held since our inception -- that a clear focus on doing the right things and being perseverant can provide the basis for long-term growth and success."
The Frost & Sullivan Best Practices team of industry experts presents awards to companies demonstrating best practices in a variety of regional and global markets. For the New Product Innovation Award, the following criteria were used to benchmark Provision's performance against key competitors:
Yup. Its also now in expiration. It was a trial market. Now Provision is moving into the Circle K deal with Kodak which is the larger deal. Then 2 other retailers waiting to be released.
Lynn T. Gust, EVP Merchandising & Advertising, Fred Meyer apparently loves Provision's 3DEO Center. So do alot of other folks. Provision's deal with Fred Meyers was a SHORT TERM deal. Why would Provision want to waste its time in the northwest of the U.S.? Their deal was a short term, trial event, as part of case study to see the effects on a larger market. Stop spinning stuff.
Kodak and Provision should start their Circle K rollout. That will definately bring in the dollars. The digital signage is definately the first of its kind and one of the coolest.
Just like what Reuters wrote a few months ago, when PVHO gets to spread her wings its going to revolutionize its markets.
“Provision has perfected the first three-dimensional holographic display console for retail use. The 3DEO Rewards Center is designed to impart an exciting and memorable visual experience every time our Customers enter the store. The effect is compelling and traffic stopping." - Lynn T. Gust, EVP Merchandising & Advertising, Fred Meyer
"Provision has perfected the first 3D holographic display console for retail use. The 3DEO Rewards Centers™ imparts an exciting and memorable visual experience every time a customer enters the store, for a compelling, traffic stopping, head turning totally engaging brand communications," said media guru, Lyle Bunn. "This should be an extraordinary event."
Back from Manhatten all! Hope all is well, I see the 'E' is off, the 10K is filed. I see some new activity going on!
Nevermind. Ask $ 0.138
Nice to see CBAI up.
Silly MMs.
Just wait. It's going to be the shoulda, coulda, woulda stock of the year :)
Now @ 0.143
@ 0.145
Read to the other posts. The 10K will be filed this week or next week.
Hudson Square Research released a research report on Entertainment & Technology 3D In Focus which names Provision with a 'Select 3D Public Market Participants'. It is a paid research report but you can get it. It's dated June, 2010.
Names Dolby Labs, Sensio, Sony, Technicolor, Provision, Panavision, other companies, etc.
They have a section with 3D Gaming / Mobile / Commercial
"Digital signage is another likely arena for 3D displays. Kiosks that rely on 3D holographic displays are also becoming more widely deployed. California-based Provision has demonstrated a 3D kiosk solution that we believe would be well-suited for movie theater 3D previews, among other applications."
Here's Reuters:
ip.thomsonreuters.com/info/3D/3DTechnology.pdf
Check the Conclusion page which discusses Provision.