Provision Interactive Announces New U.S. Patent for its Revolutionary Retail Kiosks
Provision’s intellectual property assets get a powerful boost with protection for its expanding retail network
CHATSWORTH, Calif., May 18, 2017 (GLOBE NEWSWIRE) -- Provision Interactive Technologies, Inc. ("Provision"), a subsidiary of Provision Holding, Inc. (OTCQB:PVHO), announced today that it has earned a new patent on its revolutionary technology. The new patent boosts Provision’s intellectual property in the U.S. and will allow Provision to protect and drive the application of 3D holographic technology in the huge self-service kiosk markets.
The Company received a new Notice of Allowance by the U.S. Patent & Trademark Office for its 3D holographic product, known as “Holovision.” Originally filed in 2016, this patent for its 3D Holographic display is titled “Interactive Kiosk with 3D Mechanism.”
“We are extremely excited about the approval of this new patent as it further protects the Company’s key business platform within the retail market," said Curt Thornton, CEO of Provision.
The new patent is the second for Provision’s kiosk system platform, which is engaging customers in retail locations in several cities. The newly allowed and issued patent marks the company’s 12th technology platform patent. Provision currently has three additional patents pending.
About Provision Interactive Technologies, Inc.
Provision Interactive Technologies, Inc., a subsidiary of the publicly traded company Provision Holding, Inc. (OTCQB:PVHO), is the leading purveyor of intelligent interactive 3D holographic display technologies, software, and integrated solutions for both commercial and consumer focused applications.
Provision's 3D holographic display systems represent a revolutionary technology that provides the projection of full color, high-resolution videos into space detached from the screen, without any special glasses. Provision is currently the market leader in true 3D consumer advertising display products being implemented by innovative, consumer-focused companies.
Provision Holding, Inc. (OTCQB:PVHO) trades on the OTCQB venture stage marketplace for early stage and developing U.S. and international companies. Companies are current in their reporting and undergo an annual verification and management certification process. Investors can find Real-Time quotes and market information for the company on www.otcmarkets.com.
For more information, visit www.provision.tv.
This press release contains projections of future results and other forward-looking statements that involve a number of risks and uncertainties. Important factors that may cause actual results and outcomes to differ materially from those contained in the projections and forward-looking statements included in this press release are described in our publicly filed reports. Factors that could cause these differences include, but are not limited to, the acceptance of our products, lack of revenue growth, failure to realize profitability, inability to raise capital and market conditions that negatively affect the market price of our common stock. The Company disclaims any responsibility to update any forward-looking statements unless legally required.
CONTACT Media Relations The Lexicomm Group Wendi Tush (212) 794-4531 Wendi@lexicommgroup.com
Released May 18, 2017