Virtual Piggy and MWRC Unite to Offer Secure Youth Payments

Virtual Piggy and MWRC Unite to Offer Secure Youth Payments

Innovative youth payments company to be integrated into popular ecommerce solution provider

LOS ANGELES--(BUSINESS WIRE)-- Virtual Piggy, Inc. (OTCBB: VPIG), an innovator in safe youth payments, today announced that it will integrate its youth-friendly payment system into the MWRC ExoVend® ecommerce platform.

This strategic partnership gives Virtual Piggy the ability to integrate into many global and start-up merchants that fall under the MWRC umbrella, including Body Glove International, Sea Doo SeaScooters, Channel Island Surfboards, and Frankie B. The scope of the partnership spans from action sports (surf, snow, water, moto) to leading fashion brands.

"We are very happy to partner with MWRC and provide access to the Virtual Piggy technology to all 50 of their merchants," said Dr. Jo Webber, CEO and Founder of Virtual Piggy. "MWRC's client base has many companies that are favorites with our members including popular sunglass brands, and action sports companies."

"A large part of our success is due to providing our clients with a scalable solution in a timely and responsive manner," said Mark Kelly, VP of MWRC. "The Virtual Piggy service gives us the ability to offer secure youth payments through our platform to all our existing and future clients. This will drive additional revenue by opening up the youth market in a secure, parent approved manner."

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 parental controls. It enables parents to teach financial management through the use secure family wallet that is available online or via mobile and is always 100% free to use. 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. The company is based in Hermosa Beach, CA and on the Web at: www.virtualpiggy.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.

For Virtual Piggy, Inc.
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:
Suzanne Noble, +44 7957 371840
snoble@virtualpiggy.com

KEYWORDS: United States North America California

INDUSTRY KEYWORDS:

The article Virtual Piggy and MWRC Unite to Offer Secure Youth Payments originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.