PLANTATION, Fla. – December 28, 2011 – 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.

“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.”