Provision Interactive Announces New Design Patent Award

Provision awarded Design Patent on Interactive Top Element for a Kiosk

CHATSWORTH, California, Nov. 20, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Provision Interactive Technologies, Inc. ("Provision" or the “Company”), a subsidiary of Provision Holding, Inc. (OTCPINK: PVHO), announced today that the Company was awarded a new design patent for its unique technology.  This design patent, US. No. D820,824, is for the Interactive Top Element for a Kiosk and provides the Company with the right to exclude others from making, using, selling, offering to sell and importing this design for 15 years, until June, 2033. 

Provision’s patented topper design is currently in use and has been deployed in hundreds of retail stores across the U.S. This new patent design award boosts Provision’s intellectual property protection in the U.S. and ultimately through the international PCT (Patent Cooperation Treaty) process recognized by countries around the world.

“This new patent design award will provide critical protection for our growth efforts, as we transform the consumer kiosk experience not just in the U.S. but worldwide,” said Mark Leonard, Provision Holding President and CEO. “Our technology is unique and valuable, so we are continuing to take aggressive steps toward protecting the Company and its intellectual property while also focusing our energy on generating additional sales and driving shareholder value.”

About Provision Interactive Technologies, Inc.

Provision Interactive Technologies, Inc., a subsidiary of the publicly traded company Provision Holding, Inc. (OTCPINK: 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.

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Forward-Looking Statements

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.