By: Matt Rego
Shares of Provision Holding, Inc. (OTCQB: PVHO) are rallying 10.50% in early morning trading on June 9, 2016 on slightly higher than usual volume. The 3D ad company normally sees average daily volume of around 1.17 million shares, but nearly 1.2 million shares or $333,396 in dollar volume has exchanged hands today.
The big rally in the stock comes after Provision Holdings, Inc. (OTCQB: PVHO) announced they had entered into an advertising agreement with Danone Waters of America, to promote the company’s Evian water brand. Provision Holdings, Inc. (OTCQB: PVHO) says the campaign will feature their unique 3D advertising campaigns and in-store coupons. Here is a press release detailing of the recent agreement:
CHATSWORTH, Calif., June 09, 2016 (GLOBE NEWSWIRE) — Provision Interactive Technologies, Inc. (“Provision”), a subsidiary of Provision Holding, Inc. (PVHO), announced today that Danone Waters of America (www.danone.com/en/) has activated a national advertising promotional campaign on Provision’s 3D Savings Center kiosks for its evian® brand. The campaign will utilize the unique 3D holographic technology as well as in-store promotional coupons provided by Provision’s 3D Saving Center kiosks in retail locations across the U.S.
Evian® is one of the world’s premier water brands. evian water starts as snow and rain on the peaks of the pristine French Alps. Protected deep in the heart of the mountains, each drop filters through layers of mineral-rich glacial sands for more than 15 years. The water springs from the source in Evian-Les-Bains where it’s been bottled since 1826.
Danone is an international food and beverage company dedicated to providing high quality, natural food that helps to build health through all of life’s stages. The company’s mission is to provide healthy sustenance to young children and vulnerable people as well as to those in good health.
“We think the evian brand at Danone Waters of America is a perfect match for our technology and for our national in-store network,” said Provision’s CEO, Curt Thornton. “Our retail partner is also focused on health and we look forward to using our unique eye-catching technology to showcase evian’s premium brand. Danone’s commitment demonstrates its confidence in Provision’s 3D in-store digital media platform to generate awareness of evian products at the point-of-sale.”
Provision’s award-winning 3D Savings Center Kiosks generate extraordinary, three dimensional, holographic videos, and have proven to generate a great deal of attention from retail customers. The 3D holographic display projects videos in front of the screen without the need for any special glasses and without any discomforting eye stress.
Each kiosk also has a 2D interactive touch screen that provides consumers access to promotions, rewards, and coupons. The kiosks are also able to print coupon offers, allowing the retailer and other advertisers to offer customers highly effective sales influencers at the point of purchase.
- About Provision Interactive Technologies, Inc.
Provision Interactive Technologies, Inc., a subsidiary of the publicly traded company Provision Holding, Inc. (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. (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.