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Creative Visions Acquired by Interactive Holdings

Thursday, December 18, 2008 General News
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RALEIGH, N.C., Dec. 17 Creative Visions, Inc., a premierevent production and audio-visual integration firm based in Raleigh, announcedtoday that the company was acquired by Interactive Holdings, a leadingcommunication solutions company.
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Creative Visions is best known for producing world class events, includinghigh profile productions held at the Palace of Versailles, Sydney Opera House,Blenheim Palace and many venues throughout the United States. Primary servicesoffered by the company include event design, lighting, sound, video, contentand scenery. In addition, the company operates an AV system integrationbusiness. Clients include RBC Bank, NC State, Peopleclick, Motricity and AxisInsurance.
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Interactive Holdings is a leading communication solutions company focusedon the healthcare and technology industries. Through a growing portfolio ofoperating companies, Interactive Holdings serves some of the largest and bestcompanies in the world. Creative Visions joins an impressive list of portfoliocompanies including Presentation Strategies, Pharmaceutical StrategicInitiatives, BlueStreak Digital Printing and Regulatory PresentationManagement.

"For the past 20 years, we've had the pleasure of working on someincredible projects for great clients across the country," said AllinFoulkrod, Founder and CEO of Creative Visions. "We've come a long way from theearly days in 1989 when I operated Creative Visions out of my dorm room at NCState. This past year, 2008, was our strongest, most profitable to date and itfeels great to know that we're the trusted partner of choice for so manycompanies that need meeting and event production services.

"Joining forces with the Interactive Holdings team will allow us to takeCreative Visions to the next level," Foulkrod added. "We're thrilled to bepart of a team of top companies that are so well respected. We'll now haveaccess to additional resources and expertise as we continue to grow thebusiness and improve the service we offer to clients."

"Allin Foulkrod and his team have built an outstanding organization," saidBob Befus, CEO of Interactive Holdings. "It speaks to the strength of thecreative talent in the Triangle area to have such a strong company based inRaleigh. They have an excellent reputation in the industry, which is evidencedby their impressive client list and the large, high profile projects they havebeen awarded this year. They'll be a great compliment to our existingportfolio companies."

Creative Visions will continue to operate under its current name with nointerruption of service to customers. They'll follow the same model used withother Interactive Holdings acquisitions, allowing incumbent leadership andstaff to continue to operate the business.

"The Interactive Holdings business model is simple and effective," Befusadded. "We find strong entrepreneurial leaders like Allin who are runningsuccessful businesses within our target markets. We free those leaders fromthe administrative burdens of running their businesses, allowing them to focustheir creativity and unique abilities on customers. Our model has workedexceptionally well to date and we expect to see similar results with Allin andhis great team at Creative Visions."

About Creative Visions

Intelligent customer solutions have been the signature of Creative Visionsfor more than nineteen years. Creative Visions offers full design services, alarge rental department, product sales and installation, projectadministration and integration engineering and consulting. Solutions includelighting, audio and video, event production, scenery, rigging, staging andspecial effects. For more information about Creative Visions, contact AllinFoulkrod at 919-828-1200 or visit http://www.creativevisionsinc.com .

About Interactive Holdings, LLC

Interactive Holdings has begun the process of identifying and acquiringexcellent communication strategy, production and delivery companies in boththe U.S. and abroad. Acquisition candidates include companies specializing instrategic communications, interactive multimedia development, and presentationdesign/development/delivery. For more information about Interactive Holdings,contact Ellen Weber at 919-763-1400 or visithttp://www.interactive-holdings.com .

SOURCE Interactive Holdings, LLC
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