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Former Apple CEO Gil Amelio Joins Provision Interactive's Board of Advisors

Technology and Business Leader to Help Guide Provision's Growth Plans

  • Press Release
  • Source: Provision Interactive
  • On 8:45 am EST, Tuesday January 6, 2009

CHATSWORTH, CA--(MARKET WIRE)--Jan 6, 2009 -- Provision Interactive Technologies, Inc. ("Provision"), a subsidiary of Provision Holding, Inc. (OTC BB:PVHO.OB - News), announced today that well-known technology and business veteran Gil Amelio has joined the company's Board of Advisors.

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Amelio has more than three decades of leadership experience in technology and business. He has served as the CEO and chairman of Apple Computer; the president, CEO and chairman of National Semiconductor; and the president of Rockwell Communication Systems, a unit of Rockwell International. The successful transformations of these companies resulted in increases in investor value of more than $9 billion USD. Currently, Amelio is on the Board of Directors of AT&T, Inc.

Prior to his management career, Amelio was a successful technologist. He developed the first practical charge coupled (CCD) image sensor, which is used today to register images in consumer camcorders, digital still cameras and the eyeball of the Hubble Space Telescope.

Amelio is an IEEE Fellow and has been the recipient of numerous awards including the FIU Entrepreneur of the Year Award, the Georgia Tech Business Achievement Award, the National Management Association's Silver Knight of Management Award and the Masara Ibuka Consumer Electronics Award.

"Provision Interactive is an exciting company with huge growth-potential, even in today's market," said Gil Amelio. "I fell in love with the company's 3D technology and quickly recognized its boundless possibilities. I look forward to helping Provision reach its amazing potential."

"Gil is well respected for his insight, knowledge and expertise in both the technology and business sectors. He has an impressive track record of taking companies with great ideas and great products to the next level. Provision is exactly that type of company and we are thrilled that Gil will be joining us," said Curt Thornton, CEO of Provision Interactive.

Provision's patented HoloVision(TM) 3D technology projects full-color, high-resolution videos into space detached from the screen, without the need for special glasses. Used to promote all types of products and services, the technology is a powerful 3D tool that can break through the clutter of traditional in-store advertising and merchandising. Provision's 3DEO Media Centers are also a destination for shoppers looking for promotions, sweepstakes, and coupons for products and services.

About Provision Interactive Technologies, Inc.

Provision Interactive Technologies, Inc., a subsidiary of the publicly traded company Provision Holding, Inc. (OTC BB:PVHO.OB - News), 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 Fortune 1000 companies. For more information, please visit Provision at www.provision.tv.

Forward-Looking Statements

This press release contains forward-looking statements. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company's actual results to differ materially from those projected in such forward-looking statements. These risks, assumptions and uncertainties include: the ability to complete systems within currently estimated time frames and budgets; the ability to compete effectively in a rapidly evolving and price competitive marketplace; changes in the nature of telecommunications regulation in the United States and other countries; the ability to develop customers and market expertise; changes in business strategy; the successful integration of newly acquired businesses; the impact of technological change; and other risks referenced from time to time in the Company's filings with the Securities and Exchange Commission. We disclaim and do not undertake any obligation to update or revise any forward-looking statements.

Contact:

     CONTACT:
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The Lexicomm Group
http://www.lexicommgroup.com
PHONE: (212) 300-2142
(212) 300-2132
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