Agora Holdings Inc. Subsidiary, eSilkroad Network Limited, Completes First Series of Prototype Testing and Commences Second Stage Testing Protocols, Implementing Feedback From Initial Test Group Results

TORONTO, ON, Dec. 27, 2018 (NewMediaWire) -- Agora Holdings Inc. (OTC PINK: AGHI) (the “Company”) today announced that further to our press announcement of December 3, 2018, its 51% owned subsidiary, eSilkroad Network Limited (“ESRL”), has completed the first round of landing page prototype testing with Kitsoft of Ukraine, and is moving to conclude second stage testing of a series of revised prototype pages which commenced mid-December, 2018. 

Between December 3 and December 10, 2018, a total of 87 companies from around the globe participated in our initial Unmoderated Remote Usability Testing (URUT) of over 30 key prototype pages for our developing B2B platform intended to make the interaction between businesses and non-profit organizations throughout the world faster, more effective, and less costly. Test participants provided feedback on various aspects of the prototype pages including concept, functionality and appeal. Our engaged operational partners, Kitsoft of Ukraine, and design partners, Rain Partners of Ukraine, received real-time test results and immediately implemented feedback from test participants in order to provide revised prototype pages for second round testing which commenced on the 13th of December 2018. The Company intends to carry out ongoing prototype testing and focus groups during the month of January 2019, ultimately exposing over 300 corporations to our landing page prototypes. 

eSilkroad Network’s technical director, Alexander Lobko, commented, “We were extremely pleased with the first round of test results for our innovative B2B social network, ‘eSilknet’. All process testing was completed in accordance with our original concept development and assessment protocol which allows for immediate implementation of test feedback so that we can quickly and efficiently move to each subsequent testing phase. We are looking forward to releasing more details of our test results as we complete each trial phase. Of the initial 87 corporate participants, over 65% were corporate entities from the People’s Republic of China. We expect the Chinese market to be a key userbase for our B2B network, opening trade and communication channels for Chinese corporations world-wide.”

About Agora Holdings Inc.

Agora Holdings Inc., together with its subsidiary Geegle Media and affiliates, is presently an entertainment and media enterprise. Agora Holdings Inc. brings together media and technology, driving innovation to enhance online entertainment in five business segments: media networks, TV, studio entertainment, consumer products and interactive media. Agora is seeking to expand its portfolio to include dynamic and interactive web-based networking platforms for global implementation. 

About eSilkroad Network Limited and subsidiaries

eSilkroad Network Limited and its subsidiary, eSilkroad of Ukraine, is a conceptual B2B platform that intends to make the interaction between businesses and non-profit organizations throughout the world faster, more effective, and less costly. eSilknet, the web-based platform under development by eSilkroad Network Limited will allow users to search for and communicate with business partners, search for and post proposals for investment and opportunity in developing projects globally, place advertisements for products and services, communicate securely on trade and project development and attract professional services for specific project-based needs. The concept of eSilknet is in line with the original concept of the “silkroad”, facilitating trade and commerce between countries, only a global scale. eSilkroad Network is currently negotiating the acquisition of complementary platform, “eSilktrade” which has been under development privately in Shanghai for several years. eSilkroad Network believes the combined expertise of its Ukraine based eSilkroad development team and the existing team at eSilktrade can integrate the live trade platform into its B2B site further enhancing value for its users.  

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.

Agora Holdings Inc.

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