Oink Payments Partners with European Games Group AG
March 17 2014 - 4:00AM
Business Wire
Safe payment technology to be new international
payment method for the European Games Group
Virtual Piggy, Inc. (OTCQB:VPIG), provider of innovative safe
payment technology, Oink, today announced that it has partnered
with the European Games Group to provide a safe, seamless payment
technology for their games, including Hero Zero, across their 16
million user base.
European Games Group is a worldwide distribution and
commercialization partner for independent game developers, offering
assistance in scaling games in all relevant markets. The company’s
international hit game Hero Zero, has over 15 million players in
over 15 countries.
Oink is a mobile-first payment technology designed to allow
retailers and game publishers to reach consumers 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 –and can be enhanced with parental
controls.
“Our games entertain millions of players in multiple countries
& Oink is a perfect choice for us as a seamless, safe
transaction method that works for gamers of all ages across our
platform,” said Karsten Maxem, Partner and Director Business
Development & Ad Sales with European Games Group. “Their rapid
GamePay integration allows us to quickly provide a secure,
frictionless in-game transaction experience to any of our current
popular games.”
"We’re delighted to announce our partnership with the European
Games Group as we continue our global expansion in gaming,” said
Joe Peden, General Manager, EMEA at Oink. “Their games are
favorites in many of the major markets and we look forward to
working with them to provide a unique and secure way to monetize
their users in multiple countries.”
For information about Oink visit 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 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 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 is based in Hermosa Beach, CA and on the Web at:
www.virtualpiggy.com
About European Games Group
European Games Group is a worldwide distribution and
commercialization partner for independent game developers,
providing the cash and manpower necessary to scale up games in all
relevant markets. Still, developers keep their full freedom in
product development decisions and their product’s IP. Games Group
currently markets 6 games with a total of more than 16 million
players, including the international hit game Hero Zero. For more
information: www.gamesgroup.eu
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.
US:Public RelationsJenna Guarneri,
212-529-1598Sarah Hall ProductionsJenna@SHPNY.comorInvestor
RelationsTony Schor, 847-945-2222 ext. 221Investor
Awarenesstony@investorawareness.comorUK:Suzanne Noble, +44
7957 371840snoble@virtualpiggy.com
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