Oink Appoints Senior Fraud Expert

Jordan Harris brings over a decade of securities experience at NBC’s Fandango, Netflix, Apple and T-Mobile to payments company

LOS ANGELES--()--Virtual Piggy, Inc. (OTCQB:VPIG), provider of Oink, the award-winning payment technology for teens and families, today announced that it has added Jordan Harris to its team as the company’s new Risk Officer. Mr. Harris comes to Oink with over 10 years of technology and security experience at several large technology companies such as Apple, Netflix, Fandango, T-Mobile, and more.

As Risk Officer, Jordan will be responsible for ensuring that all areas of the Oink offering are protected against payment fraud and ensure that the solution meets applicable laws and regulations. His focus will include working with management to identify and implement enhancements related to the management and monitoring of risk and fraud related functions.

“At Oink, we take security and the protection of our customers data very seriously. We’re excited to have Mr. Harris on our team to ensure that Oink users have unparalleled safety when they are shopping online, on their phones or in stores," said Oink Advisory Board Member and FBI Cyber Security Veteran, Don Codling. “As we have seen, prevention is better than the cure when it comes to payments security and protection of customers personal data.”

Oink is the only payment technology that allows retailers to connect with their under-21 consumers in a safe, legal manner, compliant with the FTC and other international regulations. Oink solves the growing need for minors to have access to age-appropriate accounts that they can use to can pay for things online with full parental visibility and approval. Oink makes it easy for parents to protect their children’s online safety and their finances, while their kids learn financial responsibility. In an age in which kids engage more and more online, Oink provides a safe and secure digital wallet for the whole family.

For information about Oink visit www.oink.com.

About Virtual Piggy, Inc.

Virtual Piggy is the provider of Oink, the first e-commerce solution 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. 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, based in Hermosa Beach, CA, is on the Web at: www.virtualpiggy.com and holds three technology patents, US Patent No. 8,762,230, 8,650,621 and 8,812,395.

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.

Contacts

For Information:
Public Relations
Michelle Schroder
The Network PR
michelle@thenetworkpr.com
or
Investor Relations
Tony Schor, 847-945-2222 ext. 221
Investor Awareness
tony@investorawareness.com

Release Summary

Oink, a digital wallet for teens and families, adds Jordan Harris as Risk Officer. Mr. Harris has over 10 years of technology and security experience at Apple Netflix, Fandango, T-Mobile.

Contacts

For Information:
Public Relations
Michelle Schroder
The Network PR
michelle@thenetworkpr.com
or
Investor Relations
Tony Schor, 847-945-2222 ext. 221
Investor Awareness
tony@investorawareness.com