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Provision Partners With Ixonos USA to Develop a “Touchless” Touch Screen

CHATSWORTH, Calif., Sept. 26, 2016 (GLOBE NEWSWIRE) -- Provision Interactive Technologies, Inc. ("Provision"), a subsidiary of Provision Holding, Inc. (OTCQB:PVHO), announced today that it has reached an agreement with Ixonos USA to develop the world’s first holographic “touchless” touch screen. The two companies will combine their expertise and resources to add a new level of efficacy to Provision’s interactive 3D holographic displays. The “touchless” solution will allow consumers to interact with, and make selections from, a 3D touch screen that is truly “floating in air,” in a fast, fun and informative way.

“The touchless touch screen is a truly sanitary solution,” notes Bob Ostrander, EVP of Provision. “It will free consumers from the physical constraints involved in reaching conventional touch screens, and of course will feature Provision’s crisp, high-resolution 3D holographic images. Ixonos has a strong background in and understands 3D, visual design and digitalization so they are the perfect partner for us. The “touchless” touch screen will strongly support Provision’s existing line of 3D rewards kiosks.”

“By incorporating the ‘touchless’ element into its market leading 3D holographic display units, Provision will disrupt the industry yet again with a truly immersive customer experience,” said Ted Iannuzzi, Creative Business Technologist at Ixonos. “The combination of Ixonos’ award-winning design and development expertise and Provision’s forward-thinking team of innovators will create the blueprint for the next gen kiosk—and we’re thrilled to be a part of it.”

About Ixonos

Ixonos is a creative technology company. We discover, design and deliver powerful user experiences and sustainable solutions based on Internet, cloud and mobile technologies. We realise innovative dreams with unparalleled design and impeccable technical delivery. Our customers are leading brands across the globe. Our value stems from our ability to design comprehensive digital solutions that increase competitiveness, productivity and customer loyalty. We’re designers, developers, engineers, strategists and innovators working together in North America, Great Britain, Singapore and Finland. Ixonos Plc is listed on NASDAQ OMX Helsinki Ltd.

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.

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.

CONTACT Media Relations The Lexicomm Group Wendi Tush (212) 794-4531 Wendi@lexicommgroup.com

Source: Provision Holding Inc.