NEW YORK, May 12, 2005 (PRIMEZONE) -- Larry Holfelder, CEO of BusinesSage Consulting has recently been retained by Jordan Kane Floor Coverings, Inc. (Pink Sheets:JKFC) to assist in the implementation of strict accounting and operational procedures that will assist the company achieve its aggressive growth strategy.
"Our (BusinesSage) focus will be to identify, implement, and improve systems and procedures which Jordan Kane will use to manage and enhance its business and profitability. We will create a 'business dashboard' together with management, which will help identify opportunities and allow us to anticipate problems which can then be addressed at their preliminary stage before they become significant," says BusinesSage CEO Larry Holfelder.
"We will also help the Company create a financial road-map with recommendations for implementation, a timeline and a specific destination and vision which will enhance shareholder value and give us a measured standard to assess our progress toward the goals we identify together," adds Holfelder.
Jordan Kane CEO L. Frank Urban states, "The hiring of Mr. Holfelder and his firm sends a very clear and powerful message to our shareholders that we are taking their investment in Jordan Kane very seriously. Jordan Kane is in an incredible position to grow in the next few years, but that is not enough. BusinesSage's job is to make sure that we grow and grow strong. We have a great foundation here, and Mr. Holfelder and his team are the Architects that will help us build the quality structure that is designed to last and strive in any economic environment."
"The hiring of BusinesSage also allows us to organize information about the company and package it in a way that is both clear and informative to all of our shareholders. We understand investors look for transparency. And that they want to have access to enough information to make them feel that they have an understanding of what is going on in the company. They look for certain formats as being more reliable than others in terms of information gathering. Just filing the required SEC paperwork is not enough. We must do a better job of keeping our shareholders informed of not only our successes, but of our failures and what we are doing to remedy them," adds Urban.
About Jordan Kane Floor Coverings, Inc:
Jordan Kane Floor Coverings Inc. (Pink Sheets:JKFC) 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 (NYSE:MHK), 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 (NYSE:TWX), Prudential Securities (NYSE:PRU), Con Edison (NYSE:ED), Columbia University, Bovis Lend Lease, Marriott Hotels (NYSE:MAR), Cendant Corp. (NYSE:CD), IBM (NYSE:IBM), Crescent Heights, and NBC. These clients recognize the value in Jordan Kane.For more information please visit our Web site at: www.JordanKane.com.
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.