Funcom and Oink Partner to Bring Safe Payments to Kids Games
October 01 2014 - 8:00AM
Business Wire
LEGO® Minifigures Online to accept
Oink payments
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 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, 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, and other filings with the SEC.
Public RelationsThe Network PRMichelle
Schrodermichelle@thenetworkpr.comorInvestor
RelationsInvestor AwarenessTony Schor, 847-945-2222 ext.
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