[blank]shoppe Signs with Virtual Piggy
Socially conscious online retail store to accept safe youth payments
HERMOSA BEACH, Calif.--(BUSINESS WIRE)-- Virtual Piggy, Inc. (OTCBB: VPIG) announced today that it has signed an agreement to integrate its safe youth payment option into [blank]shoppe's online store.
[blank]shoppe provides its customers with an online shopping experience that promotes sustainability and social awareness by carefully cultivating their urban fashion goods and accessories for the young adult market. They also prominently feature a number of charities for donations, including charity: water and Autism Speaks.
"The social values [blank]shoppe stands for are most important to communicate to young people", said Julian Ivann, Founder at [blank]shoppe. "By offering Virtual Piggy as a payment option, we're not only enabling our business to receive payments from young customers, but also get them thinking about social awareness and positivity."
"We are very happy whenever we have an opportunity to partner with a merchant that spreads charitable values", said Virtual Piggy Founder and CEO Dr. Jo Webber. "[blank]shoppe is a great offering to our customers, giving them access to some excellent products and causes."
About Virtual Piggy, Inc.
Virtual Piggy, Inc. is the first e-commerce solution that enables kids to manage and spend money within a parent-controlled environment. The technology company delivers online security platforms designed for the Under 21 age group in the global online market, and also enables online businesses the ability to function in a manner consistent with the Children's Online Privacy Protection Act ("COPPA") and similar international children's privacy laws. Virtual Piggy enables the Under 21 audience to play, transact and socialize in a secure online environment guided by parental permission, oversight and control. The company is based in Hermosa Beach, CA and on the Web at: www.virtualpiggy.com
[blank]shoppe.com (a division of WiGrowUp) is an online retail store that strives to shift change towards sustainability and awareness through the convergence of a social retail experience and philanthropy.
Safe Harbor Statement
All statements in this news release other than statements of historical facts are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements are based upon our current expectations and speak only as of the date hereof. Although we believe that the expectations reflected in our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. Such statements are not guarantees of future performance or events and are subject to known and unknown risks and uncertainties that could cause our actual results, events or financial position to differ materially and adversely from those expressed in such forward-looking statements. Such factors include, but are not limited to, our ability to raise additional capital, the absence of any operating history or revenue, our ability to attract and retain qualified personnel, our dependence on third party developers who we can not control, our ability to develop and introduce a new service to the market, market acceptance of our services, legislative, regulatory and competitive developments addressing licensing and enforcement of patents and/or intellectual property, general economic conditions, as well as other factors set forth under the caption "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2011 filed with the Securities and Exchange Commission, and other filings with the Securities and Exchange commission and other public documents and press releases.
Sarah Hall Productions
Jenna Guarneri, 212-529-1598
Peter Pelullo, 610-825-8805
KEYWORDS: United States North America California
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