Oink Safe Youth Payments Partners with KUBOO
18 12월 2013 - 10:00PM
Business Wire
Online virtual world for kids to feature
award-winning youth payment technology
Virtual Piggy, Inc. (OTCQB: VPIG), provider of safe youth
payments technology, Oink, today announced that it has partnered
with KUBOO Inc, DBA Safe Communications, Inc., (OTCPINK: SGTB), a
provider of safe kid’s online products. The parties have agreed to
joint marketing efforts that will reach millions of kids and
teens.
Oink is the only COPPA compliant payment technology designed to
allow retailers and game publishers to reach under 21 consumers in
a safe, legal and effective manner. Oink’s award-winning technology
also enables kids and teens to manage – within parental controls –
their allowances online, shop safely, and track budgets, thereby
providing a “real world” experience to enhance their financial
management skills. Oink is available online or via mobile, and is
100% free to use.
KUBOO has recently launched its kid safe virtual world utilizing
advanced 3D technology and is the first to incorporate all three of
the transmedia pillars – play, chat and watch. Parents manage their
kids accounts and approve all contacts. All content is carefully
filtered for inappropriate language.
“We are delighted to partner with Virtual Piggy,” said John
Venners, CEO of KUBOO, Inc. “Our mutual leadership role, and
services, in the kid’s market complement each other. Joining hands
greatly expands our reach and offers parents the opportunity for a
one stop shop.”
“Online gaming is a very popular space for our Oink payment
option, and we’re really excited to team with KUBOO and its new
unique virtual world,” said Dr. Jo Webber, CEO and Founder of Oink.
“Their online world for kids is extremely compatible with our safe
youth payments technology.”
Visit www.oink.com for more information.
About Virtual Piggy, Inc.
Oink 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 of a secure family
wallet that is available online or via mobile and is 100% free to
use. 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. 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.
OinkUS:Public RelationsSarah Hall
ProductionsJenna Guarneri, 212-529-1598Jenna@SHPNY.comorInvestor
RelationsInvestor AwarenessTony Schor, 847-945-2222 ext.
221tony@investorawareness.comorUK:Suzanne Noble, +44 7957
371840snoble@virtualpiggy.com
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