Agora Holdings Incorporated Signs Engagement Letter With Bart and Associates LLC, in Process to Upgrade to QB Designation

TORONTO, ON--(Marketwired - Jul 14, 2016) - Agora Holdings Inc. (OTC PINK: AGHI), a software company specializing in media, technology and telecom products, announced today that, in connection with its previously announced plan to move to the QB marketplace tier, it has signed an engagement letter with Bart and Associates, LLC.

Agora Holdings has completed its audit for fiscal years ended 2015 and 2016 and is now moving further in its aim to become a fully reporting issuer and QB designated company.

Pursuant to the engagement, Bart and Associates will commence the preparation of a Form 10 Registration Statement as well as ongoing quarterly and annual reports and 8-K filings on behalf of Agora.

Dan Terziev, Agora's CEO, commented, "The company is excited about this next milestone. The filing of the Form 10 and all required audited financials mean that we can aggressively pursue the move to a more senior exchange."

Once the management team, together with its partnerships, complete the process, the company will be able to provide continuous reporting and transparency with the investment community.

"As we complete this step and move to new business ventures, we thank the employees, professionals, and advisors that have contributed to reaching this vital milestone," Terziev continued.

Agora intends to remain current in all SEC and other required filings of a fully reporting company as it anticipates fully reporting status soon.

About Agora Holdings, Inc.

Agora Holdings, Inc., together with its subsidiary Geegle Media and affiliates, is a leading diversified international family entertainment and media enterprise with five business segments: media networks, TV, studio entertainment, consumer products and interactive media.

Agora Holdings, Inc. brings together the best in media and technology. We drive innovation to create entertainment and online experiences.

Disclaimer -- Forward-Looking Statements

This press release contains "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are subject to risks and uncertainties that could cause future results to differ materially from the forward-looking statements. You should consider these factors in evaluating the statements herein, and not rely on such statements. Forward-looking statements in this release are made as of the date hereof and Agora Holdings, Inc. undertakes no obligation to update such statements.