SOURCE: Jordyn Taylor Properties, Inc.

March 16, 2006 08:31 ET

Jordyn Taylor Properties, Inc. Streamlines Operations by Consolidating Retail Locations and Reducing Cost

WEST PALM BEACH, FL -- (MARKET WIRE) -- March 16, 2006 -- Jordyn Taylor Properties, Inc. (OTC: JTPI) announced today that they have dramatically reduced costs by consolidating two of their retail locations and relocating the company's headquarters to West Palm Beach, FL.

Jordyn Taylor Properties has consolidated its Pembroke Pines, FL retail store into its existing Sunrise, FL location. The move is expected to save the company in excess of $5000 a month. The company will additionally streamline operations by moving their headquarters from Boca Raton, FL to West Palm Beach, FL. This move is expected to reduce the company's lease liability by more than $1.2 Million over the next eleven years.

"Jordyn Taylor Properties will continue to grow the bottom line by cutting unnecessary costs and improving the efficiency of our business model. This strategy will help us to meet or exceed our financial goals and should be reflected in our share value," stated William Luckman, CEO of Jordyn Taylor Properties, Inc., "The unabashed goal of the Company is to grow. For over a year we have aggressively changed operations to shave nearly $2 million in annual operating costs. We have and will take every action possible to find efficiency in corporate operations to relieve any burdens that could hamper future growth!"

About Jordyn Taylor Properties, Inc.

Jordyn Taylor Properties, Inc. ( is a full-service Real Estate Broker that specializes in residential Property Management. Jordyn Taylor Properties, Inc. opened its offices in 2001, and has quickly become one of South Florida's fastest-growing real estate companies, successfully operating 10 locations and having completed in excess of 35,000 real estate transactions since the company's inception in 2001.

SAFE HARBOR ACT: This press release contains statements which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

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