LOS ANGELES, May 13, 2013 (BUSINESS WIRE) -- Virtual Piggy, Inc. (OTCBB:VPIG), an innovator in safe youth payments, today announced that its youth-friendly payment system won the SIIA CODiE Award for Best Commerce Solution. The company received an award in the Software category alongside other companies that included IBM, Adobe, and Netsuite.
The Software & Information Industry Association (SIIA), the principal trade association for the software and digital content industries, announced Virtual Piggy's Best Commerce Solution award at the 2013 CODiE awards annual event in San Francisco.
Virtual Piggy's technology promotes financial management while empowering youth under 18 to make purchasing, saving and other money management decisions for themselves, within the boundaries setup by parents. The technology serves as a family wallet that is available online and mobile, and is always 100% free to use.
"SIIA's 2013 Software CODiE Award winners show that innovation and growth is alive in many areas of the software industry," said SIIA Vice President for the Software Division Rhianna Collier.
For information about Virtual Piggy visit http://www.VirtualPiggy.com.
For more information about the CODiE Awards, visit http://www.siia.net/codies.
About Virtual Piggy, Inc.
Virtual Piggy, Inc. is the first e-commerce solution that enables kids to manage and spend money within parental controls. It enables parents to teach financial management through the use secure family wallet that is available online or via mobile and is always 100% free to use. 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. The company is based in Hermosa Beach, CA and on the Web at: www.virtualpiggy.com.
About SIIA and the CODiE(TM) Awards
The Software & Information Industry Association (SIIA) is the principal trade association for the software and digital content industry. The SIIA CODiE(TM) Awards, originally called the Excellence in Software Awards, were established in 1986 by the Software Publishers Association (SPA), now 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 showcase the software and information industry's finest products and services and to honor excellence in corporate achievement.
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.
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SOURCE: Virtual Piggy, Inc.
US: Public Relations Sarah Hall Productions Jenna Guarneri, 212-529-1598 Jenna@SHPNY.com or Investor Relations HaydenIR Peter Seltzberg, 646-415-8972
Copyright Business Wire 2013
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