HOPEWELL JUNCTION, N.Y., July 6, 2005 (PRIMEZONE) -- Jordan Kane Floor Coverings, Inc. (Pink Sheets:JKFC) CEO L. Frank Urban has announced the hiring of Michael B. Killeen, the company's first ever Chief Financial Officer. Michael B. Killeen is a certified public accountant and former CFO of IDM Environmental Corporation which at one time was a small cap NASDAQ listed firm before going private. He has over thirty years diversified financial and accounting experience including 10 years with Ernst & Young, one of the top four public accounting firms. "Having Michael on board is a giant step for us. As we continue to grow, we need to pay special attention to the numbers. It is important that every shareholder that has invested his or her hard earned money in Jordan Kane knows that the company is doing everything possible to grow responsibly, increase profits, and protect their investment," says Jordan Kane CEO L. Frank Urban.
Mr. Killeen is equally excited about joining Jordan Kane. "I look forward to working with Mr. Urban on continuing the successful growth of this company," adds Killeen.
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, 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. 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.