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The Original Brooklyn Water Bagel Co. Names CFO

Kevin Holbrook named chief financial officer of The Original Brooklyn Water Bagel Co.

-- Chain Leader, 11/2/2009 12:17:00 PM

PRESS RELEASE: DELRAY BEACH, Fla., Nov. 2 /PRNewswire/ -- Kevin M. Holbrook, a talented executive who has helped build business in everything from real estate to gourmet coffee, has been named chief financial officer of The Original Brooklyn Water Bagel Co., which promises to take the unique taste of New York bagels worldwide.

"We are thrilled to have someone of Kevin Holbrook's caliber and experience join our team," Steven M. Fassberg, president and CEO said. "Together we plan to make this the ultimate destination to buy bagels worldwide."

The Original Brooklyn Water Bagel Co., which opened its first restaurant Aug. 10 in Delray Beach, uses a patented water filtration system that can duplicate Brooklyn water anywhere. Connoisseurs recognize that water is the secret to the perfect New York bagel, which features a thin, crusty outer shell and an airy center. Much like the brew pub experience, customers are able to look through glass to observe the water treatment system and bagel making.

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The company plans to sell hundreds of franchises within the next two years and already is registered to franchise in 37 states. Customer response was overwhelming at the launch of the Delray Beach location with three times the expected number of customers. The menu features 26 varieties of fresh baked Brooklyn bagels, sandwiches and Boca Java's fresh roasted gourmet coffee.

Holbrook, a certified public accountant with degrees in finance and accounting from Florida State University and Florida Atlantic University, was most recently president of Boca Java, a leading coffee roaster and retailer in Delray Beach, Fla. He has a variety of experience in a range of businesses - consumer products, hospitality, service and technology in divisional corporate, public, private and start-up environments.

He joins the management team of Fassberg and Scott Harris. Fassberg, president and CEO, is a former investment banker and mortgage professional who opened, developed and sold several impressive restaurant concepts and delicatessens from 1984 through 2002. Harris has held executive positions, specializing in developing strategies for Fortune 500 companies and negotiating strategic partner agreements with Microsoft, Dell, HP, IBM Global Services, Partech, NEC, Sony Online Entertainment and Raytheon.

"I love the concept," Holbrook said. "The energy level is high. Steve Fassberg and Scott Harris are bright, ambitious, passionate and connected. It's a natural fit. It's amazing what they're been able to do in a short period of time. Having a superior management team will take it to the next level, and I'm excited to join the team and help shape the strategic direction of the company."

About The Original Brooklyn Water Bagel Company

Founded in 2009 in Delray Beach, Fla. and opening soon in Boca Raton and Aventura, The Original Brooklyn Water Bagel Company is positioned to revolutionize the quick service food industry worldwide. It owns the patented water technology that recreates Brooklyn water, allowing its franchises to produce a distinctive Brooklyn bagel anywhere in the world. The water is also used for everything from Coca-Cola to freshly roasted private label gourmet coffee to ice cubes. The company is presently selling franchises throughout the country using the Development Agent model. Larry Feldman, who was instrumental in the creation of this model, is an Original Brooklyn Water Bagel Co. advisory board member and CEO of Subway Development Corp. For more information, call 877-BAGEL-80 or visit www.brooklynwaterbagel.com.

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