Banking Industry Veteran Joins Virtual Piggy Board of Advisors
Dale Jensen to provide guidance in banking and payments
Mr. Jensen is an innovative, forward thinker whose high profile career spans 30 years, 8 vertical markets, includes countless accolades, and even ownership of professional sports teams, including the Phoenix Suns and the Arizona Diamondbacks. After starting his career serving as the youngest Vice President at The National Bank of Commerce, Mr. Jensen co-founded Information Technology, Inc. (now Fiserv, NASDAQ: FISV), a computer software and solutions provider for banks and savings institutions. The company is known for revolutionizing the banking industry and one in four banks across the country continue to utilize the software and systems today.
Virtual Piggy 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 or via mobile, and is 100% free to use.
"I believe Virtual Piggy represents a tremendous opportunity to redefine ecommerce for youth and I'm excited to join their advisory board," said Mr. Jensen. "I looking forward to bringing my background and partnerships in banking and information technology to further grow the company."
"As we continue to advance Virtual Piggy, we are delighted to welcome Mr. Jensen to our company," said Dr. Jo Webber, CEO and Founder of Virtual Piggy. "I am confident that with Mr. Jensen's innovative thinking and exceptional relationships, his contribution will be significant."
For information about Virtual Piggy visit www.VirtualPiggy.com
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 of a secure family wallet that is available online or via mobile and is 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
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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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