Virtual Piggy Receives Excellence in Best Practices Award

Updated

Virtual Piggy Receives Excellence in Best Practices Award

Company and Founder recognized at Frost & Sullivan Awards Gala

LOS ANGELES--(BUSINESS WIRE)-- Virtual Piggy, Inc. (OTCBB: VPIG), an innovator in safe youth payments, received a Frost & Sullivan Excellence in Best Practices Award at their gala event in San Diego yesterday. The company received this award alongside other high tech companies including Microsoft, Sprint, and Citrix. Virtual Piggy's CEO and Founder, Dr. Jo Webber, was also selected for the Frost & Sullivan Thought Leaders program, as an expert in mobile e-commerce technology.


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.

Frost & Sullivan's Excellence in Best Practices Awards assess companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, and strategic product development. The Best Practices Awards recognize companies, strategies, processes, and executives that have achieved world-class performance within their industries.

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 Frost & Sullivan

Founded in 1961 and headquartered in San Antonio, Texas, Frost & Sullivan is a leading global business consulting and research company. With over 1,800 analysts, growth consultants and visionaries, Frost & Sullivan operates from its base of over 40 global offices. More at: http://www.frost.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.



US:
Public Relations
Sarah Hall Productions
Jenna Guarneri, 212-529-1598
Jenna@SHPNY.com
or
Investor Relations
HaydenIR
Peter Seltzberg, 646-415-8972
or
UK:
Virtual Piggy
Suzanne Noble, +44 7957 371840
snoble@virtualpiggy.com

KEYWORDS: United States North America California

INDUSTRY KEYWORDS:

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