TACOMA, Wash., Aug. 2, 2006 (PRIMEZONE) -- Freshstart Properties Inc. (Pink Sheets:FSPP) ("Freshstart") is pleased to announce it has retained the services of AGORACOM Investor Relations Corp. ("AGORACOM") (http://www.agoracom.com) to provide investor relations services.
The objective of this agreement is two-fold. First, to create effective communication between Freshstart's shareholders and the investment community through AGORACOM's Internet based investor relations system. Effective immediately, a customized and monitored Freshstart IR HUB, http://www.agoracom.com/IR/Freshstart, will allow both Freshstart and AGORACOM to communicate with all investors simultaneously, anytime and in real-time, while providing shareholders with equal access and complete transparency to all investor relations communications. The IR HUB will also provide one-click access to the Freshstart broker fact sheet, company profile, five most recent press releases, e-mail list registration, latest stock quote & chart information and an executive audio address updated quarterly. In addition, the IR HUB provides investors with a monitored discussion forum for the purposes of constructive and high-quality discussion about the Company that is free of spam, bashing, hyping and profanity.
Second, AGORACOM will be fully responsible for creating, implementing and executing an investor relations strategy, the consolidation of which will save management a considerable amount of time, effort and expense, allowing them to focus on core business operations, while significantly improving shareholder communications.
Freshstart Properties President Nazir Maherali stated, "Given the Company's recent developments and our other projects going forward, we believe the time has now come to significantly increase our communications with shareholders and the investment community. The solution provided by AGORACOM fulfils our need to manage and execute an IR strategy in a cost efficient manner, while providing our management team with the ability to focus on executing the business plan. Our shareholders and Company will benefit greatly from near real-time communications, regularly planned updates and increased exposure."
For all future Freshstart investor relations needs, investors are asked to visit the Freshstart Properties IR Hub at http://www.agoracom.com/IR/Freshstart where they can post questions and receive answers within the same day, or simply review questions and answers posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to FSPP@agoracom.com where they can also request addition to the investor e-mail list to receive all future press releases and updates in real time.
About AGORACOM Investor Relations Corp. http://www.agoracom.com http://www.AgoraIR.com
AGORACOM Investor Relations Corp. (AGORACOM) is North America's leading outsourced investor relations firm for small-cap companies. AGORACOM's exclusive IR HUB delivers two-way investor relations and communications that provides 100% transparency, accessibility, equality and near real-time communications for all shareholders and the investment community. The digital delivery of investor relations also provides public companies with savings over traditional services ranging from 50-60%.
AGORACOM has specialized in small-cap investor relations since 1997 and is the exclusive provider of all content to the AOL Small Cap Channel.
About Freshstart Properties
Freshstart Properties, Inc. is a publicly traded real estate company focused on the acquisition, redevelopment, and management of pre-foreclosed, foreclosed, and bank-owed residential properties in and around the Pacific Northwest. Freshstart Properties' primary focus is on the acquisition and preservation of older residential neighborhoods in transition where market demand is on the rise and crime rates are falling. The company's mission is to create value for its stockholders through increased capital gains. Freshstart's vision is to improve neighborhoods. The company will continue to seek out and invest in those properties with the highest likelihood of achieving both its mission and its vision.
Forward-Looking Statements
The above statements in regard to Freshstart Properties, which are not purely historical, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including Freshstart Properties' beliefs, expectations, hopes or intentions regarding the future. All forward-looking statements are made as of the date hereof and are based on information available to the parties as of such date. It is important to note that the actual outcome and the actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include risks and uncertainties, such as technological, legislative, corporate, financial and marketplace changes.