Industry News | February 10, 2000

S & P Issues Initial Report on New World

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New World Coffee-Manhattan Bagel, Inc. (Nasdaq: NWCI) announced February 9 that Standard & Poor's has issued its initial Stock Report on the company.

The report includes a review of the latest developments at the company, the company's competitive position, and potential advantages, along with fundamental analytics, and key financial ratios and statistics. Also included in the report are sections providing Wall Street Consensus Estimates, as well as edited news stories that S&P experts feel may have an impact on the future price of the Company's stock.

S&P Stock Reports can be obtained by investors through major national brokerage firms, on-line brokers, banks and regional brokerage firms, and on the Internet through major financial data redistributors, including FactSet, CompuServe, Bloomberg (via Multex), Multex, Bridge Information Systems, and Invest Tools.

Standard & Poor's, a division of The McGraw-Hill Companies, is a leading global provider of information to institutional, corporate, municipal, global and consumer markets.

"The S&P Report represents a continuation of the efforts to broaden exposure of our Company to the investing public," said Ramin Kamfar, New World chairman and CEO. In November 1999, Value Investing Partners Inc. issued its first full research report on the Company, upgrading its rating to "buy," while Rodman & Renshaw, Inc., initiated coverage with a "buy" rating.Additionally, in December, The Red Chip Review initiated coverage with a "B" rating.

New World Coffee-Manhattan Bagel Inc. currently franchises, licenses or owns stores under its four brands in 26 states and Washington, D.C. The Company is vertically integrated in bagel dough and cream cheese manufacturing, and coffee roasting, with plants in New Jersey, California and Connecticut.