Virtual Piggy Signs Agreement with Fathead
Safe Youth Payments Are Coming To A Wall Near You!
HERMOSA BEACH, Calif.--(BUSINESS WIRE)-- Virtual Piggy, Inc. (OTCBB: VPIG), an innovator in safe youth payments, today announced that it will provide its youth-friendly payment system to Fathead, the global leader in themed wall graphics.
Fathead is the leading brand in sports and entertainment wall graphics with thousands of officially licensed products, including NFL, Star Wars, and Disney. Fathead fans will now be able to purchase life-size and custom wall graphics online with the Virtual Piggy™ payment option in a secure COPPA compliant way. Fathead's rapid growth has led it to being listed in the Internet Retailers guide to the Top 500 ecommerce businesses in North America.
Virtual Piggy is the safest way for youth to save, spend, and give online. When making purchases through Virtual Piggy, they do not share any personal information making it completely COPPA compliant and TRUSTe certified.
"We are all about young consumers expressing their real passion, whether it's their favorite sports team, player, or character," said Michael Layne, Director of Internet Marketing, Fathead. "Virtual Piggy gives us a way to let our customers under 21 make purchases in a safe manner from our site. And we love the Virtual Piggy Wishlist, where kids can load up their favorite Fatheads for the grandparents, aunts and uncles to see and purchase for the holidays."
"Every young person I know either has or wants a Fathead on their walls including my own two children," said Dr. Jo Webber, Virtual Piggy Founder and CEO. "Fathead is a fantastic merchant with broad appeal and is a great addition to the Virtual Piggy portfolio."
For information about Virtual Piggy visit www.VirtualPiggy.com
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 18 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 18 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
About Fathead LLC
Fathead LLC is the industry leader of authentic, of officially licensed sports and entertainment graphics products. Fathead gives fans the opportunity to bring their favorite passion or inspiration to life. Fathead wall graphics include "Real.Big." the life-size, high definition wall graphics along with Big Heads, Fathead Street Grips, Fathead Customs, along with Art and Decor graphics by SM/ART. Fathead Solutions provides unique signage and decor alternatives for companies seeking flexible and creative marketing solutions by utilizing Fathead innovation to create visually stimulating, high impact results. Based in Detroit, Michigan, Fathead manufactures all its products in the USA and makes them available for purchase worldwide. Fathead carries thousands of images and maintains over 500 license agreements with leading consumer brands across many industries and professional sports leagues. For more information, visit www.fathead.com. Connect with us on Facebook and Twitter.
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 cannot 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.
Virtual Piggy, Inc.
Sarah Hall Productions
Jenna Guarneri, 212-529-1598
Peter Pelullo, 610-825-8805
KEYWORDS: United States North America California
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