Virtual Piggy partners with PayPal to Increase customer sign ups, conversions, and sales

  Virtual Piggy partners with PayPal to Increase customer sign ups,
  conversions, and sales

Virtual Piggy integrates with PayPal Access for Payment Identity and Security

Business Wire

HERMOSA BEACH, Calif. -- November 13, 2012

Virtual Piggy, Inc.(OTCBB: VPIG) announced today that it has integrated with
PayPal (NASDAQ:EBAY) through PayPal Access to provide a fast and secure signup
and login to its customers.

Virtual Piggy allows parents to set up a monthly allowance for their children
and promotes financial management while empowering U18s to make purchasing,
saving and other money management decisions for themselves, within the
boundaries setup by their parents.

“With over 117 million active accounts, PayPal is the premier global online
payment provider," said Virtual Piggy Founder and CEO Dr. Jo Webber. “This
partnership will allow anyone with a PayPal account to quickly and securely
start using the Virtual Piggy service, and provide a safe online wallet for
their family."

About PayPal

PayPal is the faster, safer way to pay and get paid online. The service allows
people to send payments without sharing financial information, with the
flexibility to pay using their account balances, bank accounts (where
available), credit and debit cards in various markets. PayPal is an eBay
company and enables global e-commerce with over 117 million active accounts in
190 markets and 25 currencies around the world. PayPal is headquartered in San
Jose, California and its international headquarters is located in Singapore.
More information about the company can be found at https://www.paypal.com.

About Virtual Piggy, Inc.

Virtual Piggy, Inc. is the first e-commerce solution that enables kids to
manage and spend money within a parent-controlled environment. 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. Virtual Piggy
enables the Under 18 audience to play, transact and socialize in a secure
online environment guided by parental permission, oversight and control. The
company is based in Hermosa Beach, CA and on the Web at: www.virtualpiggy.com

Safe Harbor Statement

All statements in this news release 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. Although we believe that the expectations reflected in our
forward-looking statements are reasonable, we can give no assurance that such
expectations will prove to be correct. Such statements are not guarantees of
future performance or events and are subject to known and unknown risks and
uncertainties that could cause our actual results, events or financial
position to differ materially and adversely from those expressed in such
forward-looking statements. Such factors include, but are not limited to, our
ability to raise additional capital, the absence of any operating history or
revenue, our ability to attract and retain qualified personnel, our dependence
on third party developers who we can not control, our ability to develop and
introduce a new service to the market, market acceptance of our services,
legislative, regulatory and competitive developments addressing licensing and
enforcement of patents and/or intellectual property, general economic
conditions, as well as other factors set forth under the caption "Risk
Factors" in our Annual Report on Form 10-K for the year ended December 31,
2011 filed with the Securities and Exchange Commission, and other filings with
the Securities and Exchange commission and other public documents and press
releases.

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Contact:

Virtual Piggy, Inc.
Public Relations
Sarah Hall Productions
Jenna Guarneri, 212-529-1598
Jenna@SHPNY.com
or
Investor Relations
ICM
Peter Pelullo, 610-825-8805
 
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