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.
Source: Virtual Piggy, Inc.
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