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Award-Winning MMO Company Signs Agreement with Virtual Piggy



  Award-Winning MMO Company Signs Agreement with Virtual Piggy

               ChangYou.com to Incorporate Safe Youth Payments

Business Wire

HERMOSA BEACH, Calif. -- January 28, 2013

Virtual Piggy, Inc. (OTCBB: VPIG) announced today that it has reached an
agreement with ChangYou.com (US) to bring its safe youth payments technology
to their online gaming community on GameFuse.com. ChangYou.com (US) is a
publishing subsidiary of ChangYou.com, Ltd. (NASDAQ: CYOU) with 75 million
users worldwide and is a leading publisher of free-to-play massively
multiplayer online games in North America.

Virtual Piggy allows parents to set up a monthly allowance online for their
children and promotes financial management while empowering U21s to make
purchasing, saving and other money management decisions for themselves, within
the boundaries setup by their parents.

“We are excited to partner with Virtual Piggy to provide a youth-friendly
payment method for our players on GameFuse,” said Vickie Chen, General Manager
at ChangYou.com (US). “Virtual Piggy will give us the ability to empower these
customers and expand our revenue opportunities, while keeping our youth
payments safe and secure.”

“We are confident that Virtual Piggy is a great solution for companies
worldwide, and ChangYou.com (US) is a perfect partner to show this value,”
said Virtual Piggy Founder and CEO Dr. Jo Webber. “Their young customers will
now be able to make the in-game purchases they want safely and securely, and
we expect many more international companies will see this value in our
technology as we continue to expand globally.”

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 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. Virtual Piggy
enables the Under 21 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

About ChangYou.com (US)

ChangYou.com (US) is a publishing subsidiary of ChangYou.com, Ltd. (NASDAQ:
CYOU) located in Santa Clara, California. Originally started as the MMORPG
business unit of Sohu.com in 2003, ChangYou.com became a separate, stand-alone
company in December 2007. As a leading publisher of free-to-play massively
multiplayer online games in North America, ChangYou.com (US) has published a
variety of multiplayer online games, including Dragon Oath and Sword Girls.
More information about the company can be found at us.changyou.com.

About GameFuse

Established in November 2012 and operated by ChangYou.com (US) Inc., GameFuse
is a new online gaming destination which offers free-to-play online games that
connects mid- to hard-core gamers in a fun, competitive and immersive
experience. Currently in beta stage, the online portal offers a number of high
quality free-to-play games and will soon expand its portfolio with a wide
variety of PC and web games that will quickly solidify itself as the top
online gaming destination.

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.

Contact:

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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