This is correct.
Adenosine is an "autocoid" inhibitory neurotransmitter that
generally protects the nervous system and other organs from being
overstimulated or incurring damage due to other processes.
Substances such as caffeine (a xanthine stimulant) block
adenosine receptors to result in increases of dopamine and
glutamate (excitatory neurotransmitters).
In this way, adenosine's job in the CNS is to prevent
overstimulation.
In the lungs, adenosine acts to decrease cAMP (cyclic-adenosine
monophosphate) levels to induce bronchospasm.
In the heart, it acts on the AV (atrioventricular node) to
induce transient heart block, and has a regulatory role in
maintaining heart rhythm.