Jordan Kane Awarded New Building Contract; Contracts to Date Climb to Over $5.2 Million


NEW YORK, Aug. 3, 2005 (PRIMEZONE) -- Jordan Kane Floor Coverings, Inc. (Pink Sheets:JKFC) is pleased to announce that it has been awarded the contract to supply and install all of the flooring at 130 West 19th Street, in NYC. The project is a 100,000 square foot luxury condominium located in the Chelsea neighborhood of Manhattan. Designed by Randy Gerner of GKV Architects, construction began in Spring 2005.

"This is one of the most reputable clients we have ever had the pleasure of working with. We welcome the opportunity to do an outstanding job for the The Clarett Group and building a long-lasting relationship," says Chairman & CEO L. Frank Urban.

The Clarett Group is a widely acclaimed development company headquartered in New York City. Comprised of a highly focused team with a unique depth of experience in all aspects of real estate development, Clarett is particularly known and recognized for its high-quality residential and mixed-use projects in metropolitan areas. Since its founding, Clarett has completed four Manhattan luxury residential towers of 19, 21, 31 and 22 stories and served as advisor on several major commercial projects including the New York Times headquarters building, the New York Stock Exchange, the New York City Biotech development initiative and the New York Jets training camp.

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. 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.



            

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