Agora Inc., with More Than 1.3 Million Readers Worldwide, Triples Circulation of Weekly Financial Magazine in the UK

BALTIMORE, May 16 /PRNewswire/ -- Agora Inc., with its headquarters in the historic Mount Vernon district of Baltimore, announces the acquisition and recent growth of a weekly British financial magazine, "MoneyWeek" (http://www.moneyweek.com/).

The magazine has been published in London for 3 years under the direction of Editor-In-Chief Merryn Somerset-Webb. Since its acquisition by Agora Inc. (http://www.agora-inc.com/) in early 2004, its circulation has grown from 8,000 to 24,000 in the UK. William Bonner, President of Agora Inc., has taken the role of publisher and regular contributor to the magazine.

"The magazine is a delight," said Bonner, "because it is not a typical investment magazine. Most of the publications in this area are supported by industry advertising -- from The City in London or Wall Street in the U.S. MoneyWeek is supported by its readers, so it does not have to be so bullish and positive in its outlook. It is a genuinely alternative financial magazine, with a sly and light-hearted approach to money."

Agora Inc. was founded in 1979 by William Bonner, currently its President and Chairman of the Board. The company publishes numerous consumer newsletter titles in the investment, health and travel areas. In 1994, it began operations overseas with the acquisition of Fleet Street Publishing in London. Since then, it has established additional business operations in Paris, France; Johannesburg, South Africa; Waterford, Ireland; and Delray Beach, Florida.

Agora also publishes various books through its affiliates in London and Paris, including the most extensive collection of the classics -- in original Latin and Greek -- in the world.

For the complete story, visit http://www.moneyweek.com/ or contact Amber Garrison at amberg@agora-eu.com or Juan Munoz at +1 (410) 223-2693.