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Leading Targeted Social Network Provider YuuZoo Signs with Virtual Piggy to Provide Secure Online Payments for Under 18 Users
[April 24, 2012]

Leading Targeted Social Network Provider YuuZoo Signs with Virtual Piggy to Provide Secure Online Payments for Under 18 Users

PHILADELPHIA --(Business Wire)--

Virtual Piggy, Inc. (OTCBB: VPIG) today announced that it has signed an agreement with YuuZoo, an internationally recognized provider of targeted social networks.

After an extensive evaluation process, YuuZoo selected Virtual Piggy'sTM innovative youth e-commerce solution to ensure that its targeted social networks for kids, tweens and teens would have a secure environment in which to conduct financial transactions.

"Virtual Piggy is the only financial solution we found that provides COPPA compliance," said YuuZoo CEO Ron Creevey. "While COPPA is a US regulation, we believe that families around the world would appreciate knowing that their children are spending money through a secure nd parent controlled mechanism. Virtual Piggy perfectly complements our products and business principles."

"Kids are naturally very social and want to interact with their friends when they go online," said Dr. Jo Webber, Founder and CEO of Virtual Piggy. "We're delighted to expand our online reach to YuuZoo's impressive range of global targeted social networks."

Virtual Piggy's online payment solution is parent approved and managed. When making purchases through Virtual Piggy, children do not share any personal information making it completely COPPA compliant and TRUSTe certified.


About Virtual Piggy, Inc.

Virtual Piggy, Inc. is the first e-commerce solution that enables kids to manage and spend money within a parent-controlled environment. The technology company delivers online security platforms designed for the Under 18 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. Virtual Piggy enables the Under 18 audience to play, transact and socialize in a secure online environment guided by parental permission, oversight and control. The company is based in Philadelphia, PA and on the Web at: www.virtualpiggy.com

About YuuZoo

YuuZoo was formed in 2007 to provide mobile content and services to end users and specializes in the design and implementation of targeted social networks. YuuZoo's social platforms creates an opportunity for a brand to rebuild and regain ownership of its fan and supporter base and the avidity of that supporter base by engaging with consumers in a deeper and more meaningful way. More at www.yuuzoo.com


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