Web news :Virtual Piggy Unites BMX and Skateboarding with Sbyke

Next Generation Action Sports Company To Offer Secure e-Commerce for Under 18’s

HERMOSA BEACH, Calif.--(BUSINESS WIRE)--Virtual Piggy, Inc. (OTCBB: VPIG), an innovator in safe-online youth purchasing, today announced that they have signed an agreement to offer its secure online payments technology to sbyke®, manufacturers of an innovative new kick scooter design with a BMX wheel and wide maple deck.  

“With Virtual Piggy, we look forward to an easier and more secure way for our target consumers to purchase sbyke® products,” said Bart Wilson, President of Sbyke USA. “Providing Virtual Piggy as a payment option will help bring in new consumers and give our business a safe way to accept payments from these customers under 18.”
“Offering Sbyke® USA to our customers adds a whole new dimension to our action sports catalog of merchants”, said Virtual Piggy Founder and CEO Dr. Jo Webber. “As we ramp up to the holiday shopping season, we think the sbyke® will be an extremely popular addition to Virtual Piggy Wishlists.”

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 21 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 21 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

Safe Harbor Statement
All statements in this news release 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. Although we believe that the expectations reflected in our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. Such statements are not guarantees of future performance or events and are subject to known and unknown risks and uncertainties that could cause our actual results, events or financial position to differ materially and adversely from those expressed in such forward-looking statements. Such factors include, but are not limited to, our ability to raise additional capital, the absence of any operating history or revenue, our ability to attract and retain qualified personnel, our dependence on third party developers who we can not control, our ability to develop and introduce a new service to the market, market acceptance of our services, legislative, regulatory and competitive developments addressing licensing and enforcement of patents and/or intellectual property, general economic conditions, as well as other factors set forth under the caption "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2011 filed with the Securities and Exchange Commission, and other filings with the Securities and Exchange commission and other public documents and press releases.

Contacts

Virtual Piggy / Public Relations
Sarah Hall Productions
Jenna Guarneri, 212-529-1598 / Jenna@SHPNY.com
or
Investor Relations
ICM / Peter Pelullo, 610-825-8805