RASCALS INTL, INC. RELEASES 3 VIDEOS INTO THE RETAIL MARKET PLACE

Rascals International, Inc., announced that it will be distributing, through Razor & Tie Direct L.L.C., three videos from the Rascals video library collection, into all available retail locations nationwide.

West Orange NJ (PRWEB) July 20, 2003 -- Rascals International, Inc., An entertainment/comedy club corporation (OTC BB: RSCA) (Rascals") announced that it will be distributing, through Razor & Tie Direct L.L.C. ("Razor & Tie"), three videos from the Rascals video library collection, into all available retail locations nationwide.
   
The three videos, Knockouts 1 & 2", and All Rosie" are to begin distribution on July 29, 2003 to big name locations such as Wal-Mart, Best Buy and other nationally recognized retailers.

Ed Rodriguez of Rascals states, "We are very much excited about the introduction of our first three videos to retailers nationwide. This is a big step for Rascals and will definitely position the "Rascals" trademark countrywide. Razor & Tie's direct connection to the retail community will help us move forward quickly with our nationwide expansion strategy."

Furthermore, Rascals is awaiting the final stages of further distribution agreements with other major video retail stores (the names of these stores are being withheld until agreement is finalized).

ABOUT RASCALS INTERNATIONAL, INC.:
Rascals International, as one of the premier comedy clubs in the United States, draws upon its high national recognition and rich history to provide the highest quality comedic entertainment in the industry. Currently, the company prides itself on its ability to employ successful entertainers at its growing chain of venues, both as stand alone and hotel-based operations.

ABOUT RAZOR & TIE DIRECT L.L.C.
A marketing subdivision for Razor & Tie, Razor & Tie Direct has been noted for its entrepreneurial approach in the marketing of contemporary music, selling hundreds of thousands of its own compilation albums a year, such as Kidz Bop, Monster Ballads, and Goin' South, as well as the Darrin's Dance Grooves VHS/DVD through direct marketing spots on television.

The information in this Press Release includes certain forward-looking" statements within the meaning of the Safe Harbor provisions of Federal Securities Laws. Investors are cautioned that such statements are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including the future financial performance of the Company.

Although the Company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will provide to be correct. Factors that could cause results to differ include, but are not limited to successful performances of internal plans, the impact of competitors, and general economic risks and uncertainties.

Contact Information:

iCapital Finance, Joseph Cerbone (jcerbone@icapitalfinance.com), 2603 Main Street, Suite 1150, Irvine, CA 92614, Office: (949) 260-8070; Fax: (949) 260-0116