China's Economic Slowdown Plays A Role In Company's Sales Pipeline

Key Largo, Fla., - June 1, 20009 -- AMI Research, a division of Hawk Associates, today announced that it has issued an update on its analyst coverage of Jade Art Group, Inc. (OTCBB: JADA) based on the company’s Q1 ’09 results. AMI Research has issued a price target of $0.71. The complete updated stock report is available to download for free at the AMI Research website http://www.amistockreports.com.

The AMI report states, “Previously reported operational problems at the company’s massive jade mine have been resolved. But the company now faces severe revenue challenges due to a lack of new contracts and the postponement of present sales contracts related to the economic slowdown in China’s consumer economy. This poses serious financial risks that could even lead to discontinued operations.”

AMI Research report continues, "On a brighter side, the exclusive mine contract leaves the company in a favorable position in terms of the long term availability of low priced jade. But in a scarce demand scenario, the company’s financial situation is fragile. On the other hand, an improvement in economic conditions could play an important role in rebounding jade demand.”

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AMI Research is a leading provider of issuer-paid research coverage and a division of Hawk Associates Inc. AMI Research offers high quality and credible fundamental analysis of promising small companies that do not have traditional Wall Street analyst coverage. Please visit www.amistockreports.com.

AMI Research abides by the Best Practice Guidelines Governing Analyst and Corporate Issuer Relationships, developed by the CFA Institute in conjunction with the National Investor Relations Institute (NIRI). The cost of a one-year continuing research program is $30,000 prepaid for four research reports. AMI does not accept payment of fees in company shares. All AMI Research and Hawk Associates personnel are prohibited from trading in securities of covered companies. Neither the analyst's compensation nor the compensation received by AMI Research is in any way related to the specific ratings or views contained in this research report.