[May 12, 2015]

Oink Wins SIIA Software CODiE Award for Best Commerce Solution

Virtual Piggy, Inc. (OTCQB: VPIG), provider of award-winning payment technology, Oink, today announced that its payment system won the SIIA CODiE Award for Best Commerce Solution for the second time. The company accepted this award in the software category alongside NetSuite Inc., and Citrix (News - Alert) Systems Inc.

The Software & Information Industry Association (SIIA), is the principal trade association for the software and digital content industries. An SIIA CODiE Award win is an especially prestigious honor as each award winner was reviewed by a field of industry experts, whose evaluations determined finalists. SIIA members then reviewed the finalists and their votes were combined with the scores from the industry experts to select this year's 28 CODiE Awards Winners.

"SIIA's 2015 Software CODiE Award winners are some of the most innovative, high-impact software products in the market," said Rhianna Collier, VP & General Manager for the Software & Services Division at SIIA. "We congratulate all of this year's CODiE Award winners, and thank them for the contributions they have made to the software industry."

Oink is the only payment technology designed to allow retailers and game publishers to reach under 21 consumers in a safe, legal and effective manner compliant with the FTC (News - Alert) and other international regulations. The innovative technology serves as a digital wallet that is available online or via mobile and allows safe, secure transactions.

"The Payments Sector is a very hot market to be in at the moment with most of the majors including Apple, Google (News - Alert), eBay/PayPal, Alibaba, Facebook and Amazon positioning for a piece of the global payments industry," said Dr. Jo Webber, CEO and Founder of Oink. "We are delighted that SIIA selected us for our second CODiE award as the Best Commerce Solution."

For information about Oink visit www.oink.com.

About Virtual Piggy, Inc.

Virtual Piggy is the provider of Oink, a secure online and in-store teen wallet. Oink enables teens to manage and spend money within parental controls while gaining valuable financial management skills. The technology company also delivers payment platforms designed for the under 21 age group in the global market and 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 the SIIA CODiE™ Awards

The SIIA CODiE™ Awards were established in 1986 by the Software & Information Industry Association (SIIA), so that pioneers of the then-nascent software industry could evaluate and honor each other's work. Since then, the CODiE Awards program has carried out the same purpose - to celebrate the software and information industry's finest products and services. The SIIA CODiE Awards are the industry's only peer-reviewed awards program. The first round review of all nominees is conducted by media, publishing, and information services executives with considerable industry expertise, including members of the industry, analysts, media and bloggers, and bankers and investors. The judges are responsible for selecting the CODiE Awards finalists. SIIA members then vote on the finalist products and scores from both rounds are tabulated to select the winners. For more information about the SIIA CODiE Awards, visit: http://www.siia.net/codies

About SIIA

SIIA is the leading association representing the software and digital content industries. SIIA represents approximately 800 member companies worldwide that develop software and digital information content. SIIA provides global services in government relations, business development, corporate education and intellectual property protection to the leading companies that are setting the pace for the digital age. For more information, visit www.siia.net. The Software & Services Division of SIIA (SSD) represents companies that develop the applications, services, infrastructure and tools driving the success of today's high-tech industry. For more information, visit www.siia.net/SSD.

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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