LOS ANGELES--(BUSINESS WIRE)--Virtual Piggy, Inc. (OTCQB: VPIG), creators of Oink℠, the innovative and safe payment technology for families, today announced it has partnered with Rising Star Games, a worldwide video games publisher for Steam, Nintendo 3DS™, Microsoft Xbox 360®, Nintendo Wii™, Sony PlayStation3®.
“Oink is a secure payment method that allows gamers of any age to check-out rapidly and securely and get back to playing the games they love,” said Martin Defries, Managing Director at Rising Star Games. “Partnering with Oink was a simple decision to bring our users a swift payment system that keeps their payment information and personal details safe, and allows parents of younger gamers to stay in control.”
Oink is a payment technology designed to allow retailers and game publishers to reach consumers, including those under 21, 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 that can be enhanced with parental controls.
"With such a broad range of titles that include games for such widely recognized brands as Hello Kitty and Harvest Moon, Rising Star Games is a great addition to our gaming portfolio for our core user base,” said Dr. Jo Webber, CEO and Founder of Oink. “We look forward to rolling out our payment system in Rising Star Games titles in the US and UK later this year.”
More information on Oink can be found at 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 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, 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.
About Rising Star Games
Now in its 10th year of operating, Rising Star Games is a privately held video games publisher with a truly global reach. The company publishes video game entertainment across all significant games console platforms from Sony, Microsoft, Nintendo and Steam. A line up of new product releases across 2014 and 2015 alongside an existing catalogue of more than 100 gaming titles places the company at the very centre of the markets.
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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.