O.R.A. is in stores this September. The acronym has still not been unveiled, but it will come soon.
British-Albanian singer-songwriter Rita Ora just announced the name of her most anticipated debut studio album on a video chat live from the O2 Arena in London at The X Factor UK auditions on May 28th, 2012. The name of the album will be titled just “O.R.A.“. I guess time will reveal what the title will stand for. You can watch the video chat HERE
I'm interested in seeing how this all turns out. Interestingly enough, "How We Do (Party)" has managed to snake it's way into rotations on most major stations in the US, though no radio networks are reporting radio deals just yet. Since Jay-Z seems to have his hands in the pot on this one, I wouldn't doubt that she'll have some sort of massive hit or two before album promotion begins. She'll have a huge trail in the states, no doubt.

I love her and this song :D... can't wait for the album! :D
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