PHILADELPHIA--(BUSINESS WIRE)--Moggle, Inc. (OTCBB: MMOG) today announced that its Virtual Piggy™ service has been awarded the TRUSTe® Children’s Privacy Seal. The TRUSTe® Children's Privacy Program has been approved by the Federal Trade Commission as a Children's Online Privacy Protection Act (COPPA) Safe Harbor program.
Moggle, Inc. is the latest company to receive the TRUSTe Children's Privacy Program seal, joining other companies focused on child privacy including; Disney and Hasbro. Backed by strict requirements, the TRUSTe Children’s Seal certifies that Moggle, Inc. is compliant with the COPPA rule.
“It was extremely important for us to gain the TRUSTe seal,” explains Laura Sorscher, General Counsel at Moggle, Inc. “We provide a parent-controlled payment system designed for children to use, and the safety and security of our customers is our number one priority. Our obtaining the reputable TRUSTe Children’s Privacy Seal verifies our commitment to providing a safe way for children to transact online.”
About Moggle, Inc.
Moggle, Inc. delivers a technology platform designed for the management of the Under 18 age group in the global online market. The Moggle technology enables online businesses to function in a manner consistent with the Children’s Online Privacy Protection Act (“COPPA”) and similar international children’s privacy laws. Moggle technology enables the Under 18 audience to play, transact and socialize in a secure online environment guided by parental permission, oversight and control.
Moggle’s first two patent-pending products are Virtual Piggy™ and Parent Match™.
For more information about Moggle, please visit the Company’s website at: www.virtualpiggy.com
About TRUSTe
As the leading internet privacy services provider, TRUSTe helps thousands of businesses promote online safety and trust, and guides consumers to sites that protect their online privacy. TRUSTe helps both consumers click with confidence and online companies promote their Web site privacy policies online. Thousands of Web sites rely on TRUSTe's privacy, including top-fifty sites like Yahoo, Facebook, MSN, eBay, AOL, Disney, New York Times, Comcast and Apple.
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. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. 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, our limited experience in a relatively new industry, the recent economic slowdown affecting technology companies, the ability to successfully develop licensing programs and generate business, rapid technological change in relevant markets, changes in demand for current and future intellectual property rights, legislative, regulatory and competitive developments addressing licensing and enforcement of patents and/or intellectual property, general economic conditions, and other factors disclosed in our annual report on Form 10-K for the year ended December 31, 2009 and other filings with the SEC. We undertake no obligation to revise or update any forward-looking statements for any reason.