Rapid Refill Makes Its Mark



    
    Company Named Number 11 on Entrepreneur's New Franchise Concept List
    

    CHANHASSEN, Minn., Jan. 2 /CNW/ -- To succeed in the business world,
several factors -- including service, dedication and innovation -- must all
fall into place.  This year, Rapid Refill Corp., the franchisor of Rapid
Refill stores, has accomplished just that to earn an enviable position on
Entrepreneur magazine's New Franchise Concepts list.
    "To be named Number 11 among some of the fastest-growing franchise
concepts out there is a great honor and one we won't soon forget," said Steve
Hockett, president of Rapid Refill Corp., which is a wholly-owned subsidiary
of Rapid Brands.  "Our inclusion on this list shows that we are not only
growing at an impressive rate but will continue to do so well into the
future."  The company was also included on Entrepreneur's Franchise 500 list,
clocking in at Number 234 overall.
    Chanhassen, Minnesota-based Rapid Refill Corp is a retail franchise in
the multi-billion dollar ink and toner industry.  Overall savings on
remanufactured cartridges can be up to 50 percent below those of OEM (Original
Equipment Manufacturer) cartridges.  The Rapid Refill store database lists
1,000 different inkjet cartridges and 200 models of laser toner cartridges,
including refilled and brand name cartridges.  Rapid Refill already has signed
franchise agreements in place for the opening of approximately 150 locations
in the next several years.  The company is expecting substantial growth from
multi-unit franchisees who would each open three to five units over the next
five to seven years.  Rapid Brands Inc. and its wholly owned subsidiary, Rapid
Refill Corp., are traded on the Toronto Stock Exchange (TSX) Venture Exchange
under the stock symbol RAP.  For more information, visit
http://www.rapidrefill.com.




For further information:

For further information: Steve Hockett of Rapid Refill, +1-952-238-1000;
 or Kelly Templer of Sanderson & Associates, Ltd., +1-312-829-4350, 
kelly@sandersonpr.com, for Rapid Refill Web Site: http://www.rapidrefill.com

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RAPID REFILL

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