|By Business Wire||
|March 17, 2014 08:06 AM EDT||
Virtual Piggy, Inc. (OTCQB:VPIG), provider of innovative safe payment technology, Oink, today announced that it has partnered with the European Games Group to provide a safe, seamless payment technology for their games, including Hero Zero, across their 16 million user base.
European Games Group is a worldwide distribution and commercialization partner for independent game developers, offering assistance in scaling games in all relevant markets. The company’s international hit game Hero Zero, has over 15 million players in over 15 countries.
Oink is a mobile-first payment technology designed to allow retailers and game publishers to reach consumers in a safe, legal and effective manner compliant with the FTC and other international regulations. The award-winning technology serves as a digital family wallet that is available online or via mobile and allows safe, secure transactions –and can be enhanced with parental controls.
“Our games entertain millions of players in multiple countries & Oink is a perfect choice for us as a seamless, safe transaction method that works for gamers of all ages across our platform,” said Karsten Maxem, Partner and Director Business Development & Ad Sales with European Games Group. “Their rapid GamePay integration allows us to quickly provide a secure, frictionless in-game transaction experience to any of our current popular games.”
"We’re delighted to announce our partnership with the European Games Group as we continue our global expansion in gaming,” said Joe Peden, General Manager, EMEA at Oink. “Their games are favorites in many of the major markets and we look forward to working with them to provide a unique and secure way to monetize their users in multiple countries.”
For information about Oink visit www.oink.com
About Virtual Piggy, Inc.
Virtual Piggy is the provider of Oink, the award-winning payment solution for merchants and games companies that enables kids and teens 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. 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
About European Games Group
European Games Group is a worldwide distribution and commercialization partner for independent game developers, providing the cash and manpower necessary to scale up games in all relevant markets. Still, developers keep their full freedom in product development decisions and their product’s IP. Games Group currently markets 6 games with a total of more than 16 million players, including the international hit game Hero Zero. For more information: www.gamesgroup.eu
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.
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