Virtual Piggy Selected To Present Award-Winning Youth E-Commerce Solution
Virtual Piggy To Be Featured in FinovateEurope
HERMOSA BEACH, Calif.--(BUSINESS WIRE)-- Virtual Piggy, Inc. (OTCBB: VPIG), an innovator in safe youth payments, today announced that the company has been chosen to present its secure online payment system at the FinovateEurope conference in London on February 12th and 13th.
Virtual Piggy allows parents to set up a monthly allowance for their children and promotes financial management while empowering youth under 21 to make purchasing, saving and other money management decisions for themselves, within the boundaries setup by parents.
Finovate is a global showcase of innovative new products in the financial technology industry.
"We're very excited to have Virtual Piggy presenting their innovative online payment solution for kids at FinovateEurope this year," said Eric Mattson, CEO of The Finovate Group. "We think that financial services for the youth market is an area ripe for new approaches."
"We are very excited to present for the first time on Finovate's European stage," said Dr. Jo Webber, CEO and Founder of Virtual Piggy. "Our service that enables youth to safely save, spend, and give online has much potential in Europe, and we look forward to highlighting the latest and greatest."
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
FinovateEurope is a demo-based conference for innovative startups and established companies in the fields of banking and financial technology. For more information on the event or to view videos of previous presentations, please visit www.finovateeurope.com.
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All statements herein 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. Such statements are not guarantees of future performance and are subject to known and unknown risks and uncertainties that could cause our actual results to differ materially from those expressed or implied in such forward-looking statements. Such factors include, but are not limited to, our ability to raise additional capital, our limited operating history and revenue, our ability to attract and retain qualified personnel, our dependence on third party developers, our ability to develop new services, market acceptance of our services, legislative, regulatory and competitive developments, enforcement of our intellectual property, general economic conditions, as well as other factors set forth under the caption "Risk Factors" in our Forms 10-K filed with the SEC, and other filings with the SEC.
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