| Delaware                                         |   | 20-2852425                              |
|--------------------------------------------------|--------|-----------------------------------------|
| (State                  or other jurisdiction of |   | (I.R.S.                  employer       |
| incorporation                  or organization)  |   | identification                  number) |

| c/o                  Spencer Trask Ventures, Inc.535                  Madison Avenue, 18th                  FloorNew                  York, NY |   | 10022                       |
|------------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------------------|
| (Address                  of principal executive offices)                                                                                      |   | (Zip                  Code) |

----

----

**ADAGIO      ACQUISITION I, INC.**

**-      INDEX -**

|                                                                                                |  Page |
|-----------------------------------------------------------------------------------------------------|------------|
| **PART                  I - FINANCIAL INFORMATION**:                                                |       |
|                                                                                                |       |
| Item                  1. Financial Statements                                                       |       |
|                                                                                                |       |
| Condensed                  Balance Sheet                                                            | F-1        |
| June                  30, 2006 (unaudited)                                                          |       |
|                                                                                                |       |
| Condensed                  Statements of Operations (unaudited)                                     | F-2        |
| Three                  and Six months ended June 30, 2006 and the periods from                      |       |
| April                  22, 2005 (Inception) to June 30, 2006 and 2005                               |       |
|                                                                                                |       |
| Condensed                  Statement of Changes in Stockholder’s Equity (unaudited)           | F-3        |
| for                  the period April 22, 2005 (Inception) through June 30, 2006                    |       |
|                                                                                                |       |
| Condensed                  Statements of Cash Flows (unaudited)                                     | F-4        |
| Six                  months ended June 30, 2006 and the periods from                                |       |
| April                  22, 2005 (Inception) to June 30, 2006 and 2005                               |       |
|                                                                                                |       |
| Notes                  to Interim Unaudited Condensed Financial Statements                          | F-5        |
|                                                                                                |       |
| Item                  2. Management's Discussion and Analysis or Plan of                  Operation | 1          |
|                                                                                                |       |
| Item                  3. Controls and Procedures                                                    | 1          |
|                                                                                                |       |
| **PART                  II - OTHER INFORMATION**:                                                   |       |
|                                                                                                |       |
| Item                  1. Legal Proceedings                                                          | 2          |
|                                                                                                |       |
| Item                  2. Unregistered Sales of Equity Securities and Use of Proceeds                | 2          |
|                                                                                                |       |
| Item                  3. Defaults Upon Senior Securities                                            | 2          |
|                                                                                                |       |
| Item                  4. Submission of Matters to a Vote of Security Holders                        | 2          |
|                                                                                                |       |
| Item                  5. Other Information                                                          | 2          |
|                                                                                                |       |
| Item                  6. Exhibits and Reports on Form 8-K                                           | 3          |
|                                                                                                |       |
| Signatures                                                                                          | 4          |

----

**PART      I - FINANCIAL STATEMENTS**

**Item      1. Financial Statements**

| **ADAGIO                ACQUISITION I, INC.**                                                                      |   |   |    |
|--------------------------------------------------------------------------------------------------------------------|--------|--------|---------|
| ***A                DEVELOPMENT STAGE COMPANY***                                                                   |   |   |    |
| ***BALANCE                SHEET (Unaudited)***                                                                     |   |   |    |
| ***June                30, 2006***                                                                                 |   |   |    |
|                                                                                                               |   |   |    |
| **ASSETS**                                                                                                         |   |   |    |
| ***Current                Assets***                                                                                |   |   |    |
| ***Cash                and cash equivalents***                                                                     |   | $      | 15,729  |   |
| ***Prepaid                expenses***                                                                              |   |   | 3,125   |   |
|                                                                                                               |   |   |    |   |
| ***Total                Assets***                                                                                  |   | $      | 18,854  |   |
|                                                                                                               |   |   |    |   |
| LIABILITIES                AND STOCKHOLDER'S EQUITY                                                                |   |   |    |   |
| ***Current                Liabilities***                                                                           |   |   |    |   |
| Accounts                payable and accrued expenses                                                               |   | $      | 13,915  |   |
| Due                to stockholder                                                                                  |   |   | 144     |   |
|                                                                                                               |   |   | 14,059  |   |
|                                                                                                               |   |   |    |   |
| STOCKHOLDER'S                EQUITY                                                                                |   |   |    |   |
|  ***Preferred stock***                -                $.0001 par value - 10,000,000 shares authorized;       |   |   |    |   |
| -0-                shares issued and outstanding                                                                   |   |   | -       |   |
| ***Common                stock***                -                $.0001 par value - 75,000,000 shares authorized; |   |   |    |   |
| 1,500,000                shares issued and 60,000 shares outstanding                                               |   |   | 150     |   |
| **Additional                paid-in capital**                                                                      |   |   | 49,850  |   |
| **(Deficit)                accumulated during the development stage**                                              |   |   | (45,061 | ) |
| **Treasury                Stock (at cost)**                                                                        |   |   | (144    | ) |
|                                                                                                               |   |   |    |   |
| ***Total                Stockholder's Equity***                                                                    |   |   | 4,795   |   |
|                                                                                                               |   |   |    |   |
|                                                                                                               |   | $      | 18,854  |   |

***See      notes to (unaudited) financial statements.***

----

| **ADAGIO                ACQUISITION I, INC.**                           |   |                                                             |    |                                                        |   |                                                                       |   |                                                                                                    |      |
|-------------------------------------------------------------------------|--------|------------------------------------------------------------------|---------|-------------------------------------------------------------|--------|----------------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------------------------|-----------|
| ***A                DEVELOPMENT STAGE COMPANY***                        |   |                                                             |    |                                                        |   |                                                                       |   |                                                                                                    |      |
| ***STATEMENTS                OF OPERATIONS (Unaudited)***               |   |                                                             |    |                                                        |   |                                                                       |   |                                                                                                    |      |
|                                                                    |   |                                                             |    |                                                        |   |                                                                       |   |                                                                                                    |      |
|                                                                    |   |                                                             |    |                                                        |   |                                                                       |   |                                                                                                    |      |
|                                                                    |   |                                                             |    |                                                        |   |                                                                       |   |                                                                                                    |      |
|                                                                    |   | April                  22, 2005 (Inception)Through June 30, 2005 |    | For                    the Three Months Ended June 30, 2006 |   | For                    the Six Months                  Ended June 30, 2006 |   | Cumulative                  Period FromApril                  22, 2005 (Inception)Through June 30, 2006 |      |
|                                                                    |   |                                                             |    |                                                        |   |                                                                       |   |                                                                                                    |      |
|                                                                    |   |                                                             |    |                                                        |   |                                                                       |   |                                                                                                    |      |
| **Net                Sales**                                            |   | $                                                                | -       |                                                        | $      | -                                                                          |   | $                                                                                                       | -         |   | $ | - |   |
|                                                                    |   |                                                             |    |                                                        |   |                                                                       |   |                                                                                                    |      |   |   |   |   |
| **Cost                of Sales**                                        |   |                                                             | -       |                                                        |   | -                                                                          |   |                                                                                                    | -         |   |   | - |   |
|                                                                    |   |                                                             |    |                                                        |   |                                                                       |   |                                                                                                    |      |   |   |   |   |
| **Gross                Profit**                                         |   |                                                             | -       |                                                        |   | -                                                                          |   |                                                                                                    | -         |   |   | - |   |
|                                                                    |   |                                                             |    |                                                        |   |                                                                       |   |                                                                                                    |      |   |   |   |   |
| **General                and Administrative Expenses**                  |   |                                                             | (12,500 | )                                                           |   | (11,573                                                                    | )      |                                                                                                    | (21,142   | ) |   | (45,936 | ) |
|                                                                    |   |                                                             |    |                                                        |   |                                                                       |   |                                                                                                    |      |   |   |   |   |
| **Investment                Income**                                    |   |                                                             | -       |                                                        |   | 174                                                                        |   |                                                                                                    | 359       |   |   | 875 |   |
|                                                                    |   |                                                             |    |                                                        |   |                                                                       |   |                                                                                                    |      |   |   |   |   |
| **Net                (Loss)**                                           |   | $                                                                | (12,500 | )                                                           | $      | (11,399                                                                    | )      | $                                                                                                       | (20,783   | ) | $ | (45,061 | ) |
|                                                                    |   |                                                             |    |                                                        |   |                                                                       |   |                                                                                                    |      |   |   |   |   |
| **Basic                and Diluted (Loss) Per Share**                   |   | $                                                                | (0.02   | )                                                           | $      | (0.01                                                                      | )      | $                                                                                                       | (0.01     | ) | $ | (0.03 | ) |
|                                                                    |   |                                                             |    |                                                        |   |                                                                       |   |                                                                                                    |      |   |   |   |   |
| **Weighted                Average Number of Common Shares Outstanding** |   |                                                             | 642,857 |                                                        |   | 1,420,879                                                                  |   |                                                                                                    | 1,460,221 |   |   | 1,345,517 |   |
|                                                                    |   |                                                             |    |                                                        |   |                                                                       |   |                                                                                                    |      |   |   |   |   |

***See      notes to (unaudited) financial statements.***

----

| **ADAGIO                ACQUISITION I, INC.**                                                       |   |                                 |   |                              |   |                                     |   |                                        |          |                                |   |                |   |         |       |
|-----------------------------------------------------------------------------------------------------|--------|--------------------------------------|--------|-----------------------------------|--------|------------------------------------------|--------|---------------------------------------------|---------------|-------------------------------------|--------|---------------------|--------|--------------|------------|
| ***A                DEVELOPMENT STAGE COMPANY***                                                    |   |                                 |   |                              |   |                                     |   |                                        |          |                                |   |                |   |         |       |
| ***STATEMENT                OF CHANGES IN STOCKHOLDER'S EQUITY                (Unaudited)***        |   |                                 |   |                              |   |                                     |   |
| ***FOR                THE PERIOD APRIL 22, 2005 (INCEPTION) THROUGH JUNE 30,                2006*** |   |                                 |   |                              |   |                                     |   |
|                                                                                                |   |                                 |   |                              |   |                                     |   |                                        |          |                                |   | ***(Deficit)***     |   |         |       |   |   |   |   |
|                                                                                                |   |                                 |   |                              |   |                                     |   |                                        |          |                                |   | ***accumulated***   |   |         |       |   |   |   |   |
|                                                                                                |   | ***Preferred                Stock*** |   | ***Common                Stock*** |   | ***Additional                Paid-In-*** |   | ***During                the Development*** |          | ***Treasury                Stock*** |   | ***Stockholder's*** |   |
|                                                                                                |   | ***Shares***                         |   | ***Amount***                      |   | ***Shares***                             |   | ***Amount***                                |          | ***Capital***                       |   | *** Stage***   |   | ***Shares*** |       | ***Amount*** |   | ***Equity*** |   |
|                                                                                                |   |                                 |   |                              |   |                                     |   |                                        |          |                                |   |                |   |         |       |   |   |   |   |
| *Balance                -* APRIL 22, 2005                                                           |   |                                 | -      |                              | **$**  | **-**                                    |   |                                        | -             |                                | **$**  | **-**               |   | **$**        | **-**      |   | **$** | **-** |   |   | - |   | **$** | **-** |   | **$** | **-** |   |
|                                                                                                |   |                                 |   |                              |   |                                     |   |                                        |          |                                |   |                |   |         |       |   |   |   |   |   |   |   |   |   |   |   |   |   |
| ***June                6, 2005***                                                                   |   |                                 |   |                              |   |                                     |   |                                        |          |                                |   |                |   |         |       |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **Issuance                of common stock**                                                         |   |                                 |   |                              |   |                                     |   |                                        | 1,500,000     |                                |   | 150                 |   |         | 49,850     |   |   |   |   |   |   |   |   |   |   |   | 50,000 |   |
|                                                                                                |   |                                 |   |                              |   |                                     |   |                                        |          |                                |   |                |   |         |       |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **Net                (Loss)**                                                                       |   |                                 |   |                              |   |                                     |   |                                        |          |                                |   |                |   |         |       |   |   | (24,278 | ) |   |   |   |   |   |   |   | (24,278 | ) |
|                                                                                                |   |                                 |   |                              |   |                                     |   |                                        |          |                                |   |                |   |         |       |   |   |   |   |   |   |   |   |   |   |   |   |   |
| *Balance                -*December                31, 2005                                          |   |                                 | -      |                              | **$**  | **-**                                    |   |                                        | **1,500,000** |                                | **$**  | **150**             |   | **$**        | **49,850** |   | **$** | **(24,278** | **)** |   |   |   | **$** | **-** |   | **$** | **25,722** |   |
|                                                                                                |   |                                 |   |                              |   |                                     |   |                                        |          |                                |   |                |   |         |       |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **Repurchase                of treasury stock**                                                     |   |                                 |   |                              |   |                                     |   |                                        |          |                                |   |                |   |         |       |   |   |   |   |   | 1,440,000 |   |   | (144 | ) |   | (144 | ) |
|                                                                                                |   |                                 |   |                              |   |                                     |   |                                        |          |                                |   |                |   |         |       |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **Net                (Loss)**                                                                       |   |                                 |   |                              |   |                                     |   |                                        |          |                                |   |                |   |         |       |   |   | (20,783 | ) |   |   |   |   |   |   |   | (20,783 | ) |
|                                                                                                |   |                                 |   |                              |   |                                     |   |                                        |          |                                |   |                |   |         |       |   |   |   |   |   |   |   |   |   |   |   |   |   |
| *Balance                -June*                30, 2006                                              |   |                                 | -      |                              | **$**  | **-**                                    |   |                                        | **1,500,000** |                                | **$**  | **150**             |   | **$**        | **49,850** |   | **$** | **(45,061** | **)** |   | **1,440,000** |   | **$** | **(144** | **)** | **$** | **4,795** |   |
|                                                                                                |   |                                 |   |                              |   |                                     |   |                                        |          |                                |   |                |   |         |       |   |   |   |   |   |   |   |   |   |   |   |   |   |

***See      notes to (unaudited) financial statements.***

----

| **ADAGIO                ACQUISITION I, INC.**                                            |   |                         |    |                          |   |                          |   |
|------------------------------------------------------------------------------------------|--------|------------------------------|---------|-------------------------------|--------|-------------------------------|--------|
| ***A                DEVELOPMENT STAGE COMPANY***                                         |   |                         |    |                          |   |                          |   |
| ***STATEMENTS                OF CASH FLOWS (Unaudited)***                                |   |                         |    |                          |   |                          |   |
|                                                                                     |   |                         |    |                          |   |                          |   |
|                                                                                     |   |                         |    |                          |   | Cumulative                    |   |
|                                                                                     |   |                         |    | Period                From    |   | Period                From    |   |
|                                                                                     |   | For                the Six   |    | April                22, 2005 |   | April                22, 2005 |   |
|                                                                                     |   | Months                       |    | (Inception)                   |   | (Inception)                   |   |
|                                                                                     |   | Ended                        |    | Through                       |   | Through                       |   |
|                                                                                     |   | June                30, 2006 |    | June                30, 2005  |   | June                30, 2006  |   |
|                                                                                     |   |                         |    |                          |   |                          |   |
| ***Cash                Flows from Operating Activities***                                |   |                         |    |                          |   |                          |   |
| Net                (Loss)                                                                |   | $                            | (20,783 | )                             | $      | (12,500                       | )      | $ | (45,061 | ) |
|                                                                                     |   |                         |    |                          |   |                          |   |   |   |   |
| ***Adjustments                to reconcile Net (Loss) to***                              |   |                         |    |                          |   |                          |   |   |   |   |
| ***net                cash used in operating activities:***                              |   |                         |    |                          |   |                          |   |   |   |   |
| Decrease                (increase) in prepaid expenses                                   |   |                         | 6,250   |                          |   | -                             |   |   | (3,125 | ) |
| Increase                in accounts payable and accrued liabilities                      |   |                         | 10,575  |                          |   | -                             |   |   | 13,915 |   |
| ***Net                cash used in operating activities:***                              |   |                         | (3,958  | )                             |   | -                             |   |   | (34,271 | ) |
|                                                                                     |   |                         |    |                          |   |                          |   |   |   |   |
| ***Cash                Flows from Financing Activities***                                |   |                         |    |                          |   |                          |   |   |   |   |
| Proceeds                from issuance of common stock                                    |   |                         | -       |                          |   | 50,000                        |   |   | 50,000 |   |
|                                                                                     |   |                         |    |                          |   |                          |   |   |   |   |
| ***Net                Increase (decrease) in Cash and Cash                Equivalents*** |   |                         | (3,958  | )                             |   | 37,500                        |   |   | 15,729 |   |
|                                                                                     |   |                         |    |                          |   |                          |   |   |   |   |
| ***Cash                and Cash Equivalents - beginning***                               |   |                         | 19,687  |                          |   | -                             |   |   | - |   |
|                                                                                     |   |                         |    |                          |   |                          |   |   |   |   |
| ***Cash                and Cash Equivalents - end***                                     |   | $                            | 15,729  |                          | $      | 37,500                        |   | $ | 15,729 |   |
|                                                                                     |   |                         |    |                          |   |                          |   |   |   |   |
|                                                                                     |   |                         |    |                          |   |                          |   |   |   |   |
|                                                                                     |   |                         |    |                          |   |                          |   |   |   |   |
| ***Supplemental                disclosures of noncash financing activities:***           |   |                         |    |                          |   |                          |
|                                                                                     |   |                         |    |                          |   |                          |   |   |   |   |
| Repurchase                of treasury stock                                              |   | $                            | 144     |                          | $      | -                             |   | $ | 144 |   |
| Due                to stockholder                                                        |   |                         | (144    | )                             |   | -                             |   |   | (144 | ) |
|                                                                                     |   |                         |    |                          |   |                          |   |   |   |   |
|                                                                                     |   | $                            | -       |                          | $      | -                             |   | $ | - |   |
|                                                                                     |   |                         |    |                          |   |                          |   |   |   |   |

***See      notes to (unaudited) financial statements.***

----

**Adagio      Acquisition I, Inc.**

***A      Development Stage Company***

***Notes      to Unaudited Financial Statements***

| **1.  ** | **Development                Stage Company** |
|--------------------|----------------------------------------------|

| **2.  ** | **Summary                of Significant Accounting                Policies** |
|--------------------|------------------------------------------------------------------------------|

| ***a.  *** | ***Use                of Estimates*****-**The                preparation of the statement of financial condition in conformity                with                accounting principles generally accepted in the United States requires                management to make estimates and assumptions that affect the amounts                of                assets and liabilities and disclosure of contingent assets and liabilities                at the date of the statement of financial condition and reported                amounts                of revenues and expenses during the reporting period. Actual results                could                differ from those estimates. |
|----------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ***b.  *** | ***Cash                and Cash Equivalents*****-**For                purposes of the statement of cash flows,                the Company considers highly liquid financial instruments purchased                with a maturity of three months or less to be cash                equivalents. |
|----------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ***c.  *** | ***Income                Taxes***                -                The Company utilizes the liability method of accounting for                income taxes. Under the liability method, deferred tax assets and                liabilities                are determined based on the differences between financial reporting                basis and tax basis of the assets and liabilities and are measured                using                enacted tax rates that will be in effect when the differences are                expected                to reverse. An allowance against deferred tax assets is recognized,                when it is more likely than not, that such tax benefits will not                be                realized. |
|----------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ***d.  *** | ***Loss                per Common Share***                -                Basic loss per share is calculated using the weighted-average number                of                common shares outstanding during each period.                Diluted loss per share includes potentially dilutive securities such                as                outstanding options and warrants, using various methods such as the                *treasury                stock*                or                *modified                treasury stock*                method in the determination of dilutive                shares outstanding during each period. The Company does not have                any potentially dilutive                instruments. |
|----------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

**Adagio      Acquisition I, Inc.**

***A      Development Stage Company***

***Notes      to Unaudited Financial Statements***

| ***e.  *** | ***Fair                Value of Financial Instruments*****-**The                carrying value of current assets and current liabilities approximate                fair                value due to their short-term nature. |
|----------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**3.      Equity Securities**

**4.      Related Party Transactions **

----

**Adagio      Acquisition I, Inc.**

***A      Development Stage Company***

***Notes      to Unaudited Financial Statements***

| **5.  ** | **Private                Placement** |
|--------------------|--------------------------------------|

**6.        **
**Interim      Financial Statements**

----

**Item      2. Management’s Discussion and Analysis or Plan of Operation.**

**Item      3. Controls and Procedures.**

**-------------------------------------------------**

**-----------------------------**

----

**PART      II — OTHER INFORMATION**

**Item      1. Legal Proceedings. **

**Item      2. Unregistered Sales of Equity Securities and Use of Proceeds.**

**Item      3. Defaults Upon Senior Securities.**

**Item      4. Submission of Matters to a Vote of Security Holders.**

**Item      5. Other Information.**

----

**Item      6. Exhibits and Reports on Form 8-K.**

| Exhibit |   | Description                                                                                                                                                                                                                                                                                                                                                |
|---------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|    |   |                                                                                                                                                                                                                                                                                                                                                       |
| *3.1    |   | Certificate                  of Incorporation.                                                                                                                                                                                                                                                                                                             |
|    |   |                                                                                                                                                                                                                                                                                                                                                       |
| *3.2    |   | Amendment                  to Certificate of Incorporation.                                                                                                                                                                                                                                                                                                |
|    |   |                                                                                                                                                                                                                                                                                                                                                       |
| **3.3   |   | By-laws.                                                                                                                                                                                                                                                                                                                                                   |
|    |   |                                                                                                                                                                                                                                                                                                                                                       |
| **10.1  |   | Redemption                  Agreement dated June 26. 2006.                                                                                                                                                                                                                                                                                                 |
|    |   |                                                                                                                                                                                                                                                                                                                                                       |
| **10.2  |   | Placement                  Agency Agreement dated June 27, 2006.                                                                                                                                                                                                                                                                                           |
|    |   |                                                                                                                                                                                                                                                                                                                                                       |
| 31.1    |   | Certification                  of the Company’s Principal Executive Officer and Principal Financial                  Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002,                  with                  respect to the registrant’s Quaterly Report on Form 10-QSB for the period                  ended June 30, 2006. |
|    |   |                                                                                                                                                                                                                                                                                                                                                       |
| 32.1    |   | Certification                  of the Company’s Principal Executive Officer and Principal Financial                  Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant                  to Section                  906 of the Sarbanes Oxley Act of 2002.                                                                             |
|    |   |                                                                                                                                                                                                                                                                                                                                                       |
| *       |   | Filed as                an exhibit to                the Company's registration statement on Form 10-SB/A, as filed with                the Securities and Exchange Commission on November 8, 2005, and                incorporated herein                by this reference.                                                                               |
|    |   |                                                                                                                                                                                                                                                                                                                                                       |
| **      |   | Filed as                an exhibit to                the Company’s Current Report on Form 8-K, as filed with the Securities and                Exchange Commission on June 29, 2006, and incorporated herein by                this                reference.                                                                                        |

----

**SIGNATURES**

|                                                |                                                 |                                       |
|-----------------------------------------------------|------------------------------------------------------|--------------------------------------------|
|                                                | ADAGIO              ACQUISITION              I, INC. |
|                                           |                                            |                                  |
| Date: August              16, 2006   | By:                                        | /s/ William              P. Dioguardi |
|                                                | William              P. Dioguardi                    |
|                                                | President                                            |

----