Innovative Payment Technology Rolls Out Program to Teach Financial Management to Youth Nationwide
09 Abril 2015 - 7:00AM
Business Wire
Oink® announces partnership plans with 100
Black Men
Virtual Piggy, Inc. (OTCQB: VPIG), provider of award-winning
payment technology, Oink, today announced that it is launching
a program with 100 Black Men to provide educational financial tools
to youth who are involved with their community service initiatives.
The initial program will serve as a pilot with the Bay Area chapter
of California in March before rolling out the program on a national
scale.
100 Black Men was founded with a mission to improve the quality
of life for African Americans, particularly African American youth.
The organization is composed of members with a myriad of
professions including corporate executives, physicians, attorneys,
entrepreneurs, entertainers, elected officials, professional
athletes, and educators, to provide insight and leaderships to
youth. These dedicated men created an international coalition
focused on creating educational opportunities, promoting economic
empowerment, addressing health disparities, and creating positive,
nurturing mentoring relationships that extend across a lifetime.
The program with Oink will focus on building a financial literacy
platform for these young students.
“We’re thrilled to work with Oink to roll out this program
promoting financial literacy and smart financial management,” said
Rufus Coleman, Chairman, Technology Committee of 100 Black Men of
America. “Their technology and prepaid Oink card provide the tools
children and young adults need to learn real-world financial skills
that can last a lifetime.”
Oink is the only payment technology designed to allow retailers
and game publishers to reach under 21 consumers in a safe, legal
and effective manner compliant with the FTC and other international
regulations. The innovative technology serves as a digital family
wallet that is available online or via mobile and allows safe,
secure transactions, all within parental controls.
“If you have control of your finances, you have control of your
life,” said Stedman Graham, best selling author, entrepreneur, and
Oink Advisory Board Member. "We’re excited to announce that we are
working with 100 Black Men to provide financial literacy tools to
the tens of thousands of children they work with everyday. Becoming
financially savvy is an important life lesson on the road to
success. We are thrilled to be their partner to work towards
achieving these goals for the youth in their program.”
For information about Oink visit www.oink.com.
About Oink (Virtual Piggy, Inc.)
Virtual Piggy is the provider of Oink, a secure online and
in-store teen wallet. Oink enables teens to manage and spend money
within parental controls, while gaining valuable financial
management skills. The technology company also delivers payment
platforms designed for the Under 21 age group in the global market,
and 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.oink.com and holds three technology patents,
US Patent No. 8,762,230,
8,650,621 and 8,812,395.
About the 100 Black Men of America, Inc.
100 Black Men was founded as an organization in New York City in
1963. The national organization, 100 Black Men of America, Inc.
began with nine chapters in 1986 as a national alliance of leading
African American men of business, industry, public affairs and
government with a mission to improve the quality of life for
African Americans, particularly African American youth. Today the
organization has 118 chapters in the United States, England and the
Caribbean. Members represent a myriad of professions including
corporate executives, physicians, attorneys, entrepreneurs,
entertainers, elected officials, professional athletes, educators,
and men from numerous other professions. These dedicated men
created an international coalition focused on creating educational
opportunities, promoting economic empowerment, addressing health
disparities, and creating positive, nurturing mentoring
relationships that extend across a lifetime.
Visit www.100blackmen.org for more information on the programs
and initiatives of the 100 Black Men of America, Inc. and to
connect with the 100’s global network of chapters.
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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
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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,
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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 RelationsPMBC GroupLisa Inouye,
310-777-7546lisa@pmbcgroup.comorInvestor RelationsInvestor
AwarenessTony Schor, 847-945-2222 ext.
221tony@investorawareness.com
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