PHILADELPHIA--(BUSINESS WIRE)--Moggle, Inc. (OTC.BB: MMOG - News) today announced that senior management will present at Engage Conference and Expo® 2011 on February 15-16, 2011. The conference will take place at the Javits Convention Center in New York City.
Moggle has been invited to present on the subject of Digital Monetization Strategies and will discuss and present the company’s Virtual Piggy™ technology. Other speakers include executives from Zynga, Foursquare, Disney, Hasbro and other leading digital media companies.
The Engage conference is focused on digital media including gaming, and retail. According to a recent article published in Fox Business Small Business Center, tweens, or children aged 8 to 14 often called ‘Generation Z,’ are twenty million strong with $43 billion in annual spending power. Young consumers receive an average weekly allowance of $12 each, up from only $5 in 2009. In 2009, an estimated $26 billion was spent by children on online purchases. This growing trend is being driven by the rise in social networks, games and internet commerce and requires a safe and secure solution for children to play and transact and socialize in a secure environment guided by parental control.
About Moggle, Inc.
Moggle, Inc. delivers a technology platform designed for the management of the Under 18 age group in the global online market. The Moggle technology enables online businesses to function in a manner consistent with the Children’s Online Privacy Protection Act (“COPPA”) and similar international children’s privacy laws. Moggle technology enables the Under 18 audience to play, transact and socialize in a secure online environment guided by parental permission, oversight and control. Moggle’s first two patent-pending products are Virtual Piggy™ and Parent Match™. For more information about Moggle, please visit the Company’s website at: http://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. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. 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, our limited experience in a relatively new industry, the recent economic slowdown affecting technology companies, the ability to successfully develop licensing programs and generate business, rapid technological change in relevant markets, changes in demand for current and future intellectual property rights, legislative, regulatory and competitive developments addressing licensing and enforcement of patents and/or intellectual property, general economic conditions, and other factors disclosed in our annual report on Form 10-K for the year ended December 31, 2009 and other filings with the SEC. We undertake no obligation to revise or update any forward-looking statements for any reason.