Global Chocolatier Chooses Provision’s 3D Savings Center to Run National Ad Campaign
Provision’s Retail Network Drives Increase in Coupon Redemption and In-Store Sales
CHATSWORTH, Calif., Oct. 10, 2017 (GLOBE NEWSWIRE) -- Provision Interactive Technologies, Inc. ("Provision"), a subsidiary of Provision Holding, Inc. (OTCQB:PVHO), announced today that a leading global chocolatier recently completed a five month national shopper marketing campaign on Provision’s 3D Savings Center kiosk network.
Provision’s 3D Savings Center kiosks featured a 3D holographic image of the product floating in air. When a consumer approached the kiosk, they could redeem a coupon by clicking on its 2D touch screen. The campaign achieved a coupon redemption rate of 14.2 percent, which is well above the national average of 1.2 percent.
“This campaign highlights the efficacy of the Provision 3D Savings Center and confirms that there is a market now, and in the future, for 3D holographic technology in retail settings to increase in-store sales,” said Provision’s Chief Operating Officer, Curt Thornton.
Thornton added, “It is not uncommon for national brands to experience a double-digit coupon redemption rate using the Provision 3D Savings Center Network. As we increase our footprint across multiple retail channels including grocery, big box and convenience stores over the coming months, we believe these statistics will become even more compelling for advertisers.”
The 3D Savings Center kiosk integrates Provision’s patented and award-winning 3D holographic display and a 2D interactive touch screen that provides consumers access to information, promotions, rewards and coupons.
About Provision Interactive Technologies, Inc.
Provision Interactive Technologies, Inc., a subsidiary of Provision Holding, Inc. (OTCQB:PVHO), is the leading developer of intelligent, interactive 3D holographic display technologies, software, and integrated solutions used primarily in retail settings. Provision’s 3D advertising displays are designed to increase in-store engagement, coupon redemption and point-of-purchase activity.
Provision's 3D holographic display systems represent a revolutionary technology that project full color, high-resolution videos into space detached from the screen, without the need for special glasses. Provision holds more than 10 patents related to its 3D holographic technology, for both consumer and commercial applications. 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.
Released October 10, 2017