Virtual Piggy Integrated into World-Leading Internet Community
Safe Youth Payments now available to over 26 Million Users at Gaia Online
LOS ANGELES--(BUSINESS WIRE)-- Virtual Piggy, Inc. (OTCBB: VPIG), an innovator in safe youth payments, today announced that its youth-friendly payment system is now available within Gaia Online as a way to purchase Gaia Cash.
Virtual Piggy allows parents to set up a monthly allowance for their children and promotes financial management while empowering youth under 18 to make purchasing, saving, and other money management decisions for themselves within the boundaries setup by parents.
Gaia Online is one of the internet's largest communities, with over 26 million registered users and 2 billion posts created. Their user experience includes robust forums, custom avatars and many popular online games. As an added bonus, Gaia Online users will receive an exclusive in-game item when they purchase Gaia Cash with their Virtual Piggy account.
"With Virtual Piggy now included as a payment option, our younger members can now safely purchase Gaia Cash on their own," said Chris Castagnetto, Director of Sales & Business Development at Gaia Online. "This is the solution we've been waiting for."
"We are extremely excited to now offer our payment option to Gaia Online's 26 million users," said Dr. Jo Webber, Founder and CEO of Virtual Piggy. "The added bonus of an exclusive in-game item with Virtual Piggy purchase will be a great way to encourage use with Gaia Online members, and will give our existing members extra incentive to check out their community."
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 Gaia Interactive
Founded in 2003, Gaia Interactive makes games that capture the imagination. As a pioneer in virtual goods, our profitable titles have given us a solid foundation in the social and mobile space, and pointed us toward bigger successes ahead. With beautiful artwork and compelling game design, our games have delighted millions of players -- and we're just getting started. Here's your opportunity to put your passion to work with our world-class engineers and the awesome creative team that put Gaia Online on the map: help us take Gaia Online from the world's largest forum community to a multi-platform social and mobile gaming powerhouse! For more information, visit www.gaiaonline.com.
Safe Harbor Statement
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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