BillMyParents Appoints Dr. Christopher Leong to Its Board of Directors

SAN DIEGO, CA -- (Marketwire) -- 02/13/13 -- BillMyParents, Inc. (OTCQB: BMPI) -- the Responsible Teen Spending Company -- today announced the appointment of Dr. Christopher Leong as an independent board member.

Dr. Leong is the Co-Founder and the President of Transpac Capital, a Singapore-based venture capital firm. Prior to his venture capital career, Dr. Leong was the CEO of Amoy Canning Corporation Limited, a food and packaging conglomerate listed on the Hong Kong stock exchange. He was also Founder of Convenience Foods Limited of Hong Kong, which Dr. Leong sold to RJR Nabisco. Prior to his industrial career, Dr. Leong was a Senior Scientist at American Science and Engineering in Cambridge, Massachusetts. Dr. Leong obtained a BS and a PhD degree from the Massachusetts Institute of Technology. He has served as Chairman of the Hong Kong Venture Capital Association, and is one of the founding inductees to the Singapore Venture Capital Hall of Fame in 2010 for his pioneering work in venture capital.

"We continue to build our board with global leaders in finance who have track records of building successful companies. We welcome Dr. Leong to BillMyParents, as he rounds out our distinguished board of directors," stated BillMyParents Chairman and Chief Executive Officer, Mike McCoy.

"BillMyParents' business model has potential for very high rates of growth. I am pleased to support the Company in achieving its potential," added Dr. Leong.

For more information, please visit: www.BillMyParents.com

About BillMyParents
BillMyParents, Inc. (OTCQB: BMPI), the Responsible Teen Spending Company, offers a solution for parents who want to help their teens develop smart spending habits. The BillMyParents SpendSmart MasterCard card is the instantly trackable, reloadable MasterCard prepaid card that lets parents and teens track spending in real time. Features include the ability to instantly lock, unlock and reload the card at any time; text alerts to parents and teens showing real-time transaction details with each purchase; and the freedom and security of a MasterCard prepaid card without the risk of overdrafts, accruing debt or affecting credit scores. BillMyParents provides parents with a modern way to help teach their teens financial responsibility, when it counts. For more information, please visit www.BillMyParents.com.

The SpendSmart Prepaid MasterCard card is issued by University National Bank, member FDIC. MasterCard and the MasterCard brand mark are registered trademarks of MasterCard International Incorporated.

Certain statements contained in this press release are "forward-looking statements" within the meaning of federal securities laws, including, without limitation, anything relating or referring to future financial results and planned business activities. Such statements are inherently subject to risks and uncertainties, which include, without limitation, those in Company reports filed with the SEC. The Company can give no assurance that such expectations will prove correct. Future events and actual results could differ materially from those statements.

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