SOURCE: Jordan Kane Floor Coverings, Inc.

May 04, 2006 10:47 ET

Jordan Kane Announces Retaining Bagell, Josephs, Levine & Company, LLC

HOPEWELL JUNCTION, NY -- (MARKET WIRE) -- May 4, 2006 -- Jordan Kane (OTC: JKFV) announces that it has retained the services of Bagell, Josephs, Levine & Company, LLC. Jordan Kane is undergoing a full financial audit for the past two years of operations.

Bagell, Josephs, Levine & Company is a fully licensed certified public accounting firm located in Gibbsboro, NJ. The organization is currently the 4th fastest growing CPA firm handling SEC work. More information about Bagell, Josephs, Levine & Company can be found at the company's website

Frank Urban, Chairman & CEO, stated, "I am very pleased with this development. I feel a full audit will help bring Jordan Kane to the next level and will considerably aid in the process of becoming a fully reporting OTCBB company. I know there has been some recent confusion concerning the trading of our stock. There have been some administrative issues surrounding the company's stock since the reverse merger, which have hindered our trading in the market place. Production of audited financial statements is a key part in resolving these issues. Everyone at the company is working diligently to resolve these matters as soon as possible." Urban went on to say, "I also want to take this time to re-assure our shareholders of the current standing of Jordan Kane's business operations. While these trading difficulties are being settled, the company is still working hard and pursuing clients, and I look forward to announcing more positive contractual developments as soon as all details are finalized."

About Jordan Kane Floor Coverings, Inc:

Jordan Kane Floor Coverings, Inc. supplies and installs commercial floor coverings nationwide for Fortune 500 companies by partnering up with manufacturers like Shaw Industries, a subsidiary of Berkshire Hathaway, Mohawk Industries, Triangle Pacific, Armstrong and many other major flooring manufacturers throughout the world. Jordan Kane is establishing itself very quickly by dealing with clients such as: Time Warner, Prudential Securities, Con Edison, Columbia University, Bovis Lend Lease, Marriott Hotels, Cendant Corp., IBM, Crescent Heights, and NBC.

For more information please visit our Web site at:

This press release may contain forward-looking statements covered within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products, which we may not produce today and that meet defined specifications. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in pervasive markets.

Contact Information

    Jordan Kane Floor Coverings, Inc.
    L. Frank Urban
    Chairman & CEO
    Investor Relations