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Funcom and Oink Partner to Bring Safe Payments to Kids Games
[October 01, 2014]

Funcom and Oink Partner to Bring Safe Payments to Kids Games


LOS ANGELES --(Business Wire)--

Virtual Piggy, Inc. (OTCQB:VPIG), creators of Oink, the innovative and safe payment technology for families, has partnered with Funcom (OSE:FUNCOM.OL), a world leading independent developer and publisher of MMO (Massively Multiplayer Online) games, to bring safety and control to in-game payments.

Funcom has developed and published over 25 game titles across several genres and gaming platforms including the all new LEGO® Minifigures Online that is available on www.playminifigures.com.

"With LEGO® Minifigures Online, we're dedicated to ensure that in-game purchases are conducted safely within parental consent," said Ole Schreiner, CEO at Funcom. "Oink is a great payment option that will give all of our gamers a secure, COPPA-compliant payment method while also giving parents the ability to control their children's purchases."

Oink is a payment technology designed to allow retailers and game publishers to reach consumers, including those underage, in a safe, legal and effective manner compliant with the FTC (News - Alert) 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.

"Funcom is a great addition to our gaming portfolio as a widely successful publisher of online games," said Dr. Jo Webber, CEO and Founder of Oink. "We're thrilled to work with them to introduce Oink as a payment option."

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 (News - Alert), 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 Funcom

Funcom is an independent developer and publisher of online games for PC and mobile platforms. Funcom has provided outstanding entertainment since 1993 and continues to expand its track-record of more than twenty released games. Recent titles include 'The Secret World', 'Age of Conan: Hyborian Adventures', 'Anarchy Online' and 'Dreamfall: The Longest Journey', as well as 'LEGO Minifigures Online' which is currently in development. For corporate information please visit www.funcom.com. For information about Funcom games visit www.playminifigures.com, www.anarchy-online.com, www.dreamfall.com, www.thesecretworld.com or www.ageofconan.com. Funcom is listed on the Oslo Stock Exchange under the ticker FUNCOM.

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 (News - Alert), and other filings with the SEC.


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