12/30/11

Dreams Establishes $35 Million Credit Facility with PNC Bank

Dreams, Inc. is multichannel retailer focused on the sports licensed products industry.

PLANTATION, Fla.--Dreams, Inc. (NYSE Amex:DRJ), a technology driven, multi-channel retailer focused on the licensed sports products industry, has entered into a three-year loan and security agreement for $35 million with PNC Bank. The new facility replaces the company’s previous line of credit and expands their liquidity by $7.5 million.

“PNC Bank has also made available a $5 million seasonal over-advance to provide us additional liquidity during our all-important fourth quarter.”

“This new facility significantly improves our liquidity and reduces the cost of capital as we prepare for rapid growth in 2012,” said Ross Tannenbaum, Dreams’ president & CEO. “PNC Bank has also made available a $5 million seasonal over-advance to provide us additional liquidity during our all-important fourth quarter.”

About Dreams, Inc.

Dreams, Inc. (NYSE Amex: DRJ) is a technology driven, multi-channel retailer focused on the sports licensed products industry. For more information, please visit www.DreamsCorp.com.

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