Thursday, May 5, 2016

Agora Holdings, Inc. (AGHI) Offers Update on Upcoming Release of FRAME and Completion of Accounting Audit

Before the opening bell, Agora Holdings, Inc. (OTC: AGHI) offered an update to shareholders regarding the upcoming release of its FRAME social media management software, as well as the completion of its accounting audit. According to the update, the company’s developers are currently addressing minor issues discovered in FRAME’s beta release. When completed, FRAME will enable businesses to greatly improve the efficiency with which they use social media networks by combining multiple platforms into a single, centralized dashboard. Agora plans to market its social media management software to businesses, public relations firms and investor relations agencies in search of a more effective way to engage customers and measure the success of social media campaigns.

“We’re anxious to introduce our game-changing FRAME technology to the market upon final polish of the product,” Daniel Terziev, chief executive officer of Agora subsidiary Geegle Media, stated in this morning’s news release. “As we prepare for this corporate milestone, we are building on strong momentum triggered by the development of a product that will revolutionize the way brands interact via social media, and one that provides long-term value for our shareholders.”

Originally announced in February, FRAME could make a major splash in the relatively new social media management market following its release. Although competitor software has already been well-received by consumers, a quick look at existing industry reviews highlights considerable room for improvement in both performance and usability. Agora aims to address this performance gap through the ongoing refinement of FRAME’s intuitive dashboard, which allows users to log into and post content across multiple social networking sites from an integrated interface.

“Imagine FRAME as a single door that leads to many rooms. Each room represents a website that we log into several times each day,” explained Terziev. “Rather than signing in several times, logging once into FRAME is sufficient to bring together all your social media accounts, making a far more organized and engaging social media experience.”

In addition to its update on the impending release of FRAME, Agora also announced that it is rapidly approaching the completion of its accounting audit, with reports expected to be filed in as little as one week. This audit, which is being completed by independent accounting firm BF Borgers, marks a major milestone in Agora’s efforts to become a fully reporting entity. The company’s management team expects these efforts to have a positive impact on Agora’s operations and decision-making capabilities moving forward.

For more information, visit www.agoraholdingsinc.com

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