Rapid Brands Inc. Announces New Chief Executive Officer

    MINNESOTA, Feb. 25 /CNW/ - Rapid Brands Inc. (TSXV: RAP) today announced
that its Board of Directors has accepted the resignation of Steven Hockett as
President, Chief Executive Officer and Director of Rapid Brands and its
wholly-owned subsidiary, Rapid Refill Corp. effective today. The Board of
Directors has appointed Roger E. Block as the President and Chief Executive
Officer of the companies also effective today. Mr. Block currently is a
director of both companies and also is the President of The Travel Franchise
Group, Inc. with responsibility for franchise operations, development and
marketing for several travel agency brands that operate more than
1,700 locations in the United States and Canada.

    Rapid Brands Inc., through its wholly owned subsidiary Rapid Refill
Corp., is a U.S.- based retailer in the multi-billion dollar ink and toner
industry. Rapid Brands Inc. is traded on the TSX Venture Exchange under the
stock symbol RAP.

For further information:

For further information: Roger Block, Chief Executive Officer, Rapid
Refill, Tel: (877) 880-4465, Email: rblock@rapidbrandsinc.com

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RAP Acquisition Corp.

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