Dreams, Inc. to Receive Emerging Company Award from the Association for Corporate Growth
May 24 2007 - 11:44AM
Business Wire
Dreams, Inc. (AMEX:DRJ), a vertically integrated leader in the
licensed sports products industry, has been chosen by the
Association for Corporate Growth (ACG), South Florida Chapter, as
the recipient of its 2007 Emerging Company Award. The company will
receive the award on June 6, 2007 at the Annual Awards Dinner being
held at the Seminole Hard Rock Hotel and Casino. �We are honored
and humbled to receive this prestigious award from the ACG, South
Florida Chapter," said Ross Tannenbaum, CEO of Dreams, Inc. "Our
entire management team has worked diligently to build our business.
This significant growth, although impressive, is by no means
representative of us having achieved our overall corporate growth
objectives. As we proceed with executing our organic and strategic
acquisition growth, we hope to exceed expectations from those who
have honored us by becoming shareholders.� �This award is given to
companies that have experienced outstanding 2-year growth both in
revenues and profitability amongst their peers in the under $500
million in total revenue category. Dreams, Inc. impressed our panel
with its combination and execution of both organic and acquisitive
growth. We are proud to have them as our 2007 Emerging Company
Award winner,� stated Sean Lyons, President of the South Florida
Chapter. Dreams will be honored along with Watsco, Inc., winner of
�Outstanding Corporate Growth Award� and Applica Inc. for �Deal of
the Year.� Founded in 1954, the Association for Corporate Growth is
the premier association for and about professionals involved in
middle market corporate growth, corporate development, and mergers
and acquisitions. It promotes the professional interests of its
members, who have assumed leadership roles in strategic corporate
growth, by offering a forum for quality programs, education and
networking. ACG has nearly 10,000 members representing
approximately 2,500 companies throughout the United States, Canada
and the UK. Past national recipients of ACG�s Emerging Company
Award include NutriSystem, Inc., Cisco Systems and Rexall Sundown,
Inc. DREAMS, INC. trades under the ticker symbol: AMEX:DRJ
Statements contained in this press release, which are not
historical facts, are forward looking statements. The
forward-looking statements in this press release are made pursuant
to the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements made herein contain
a number of risks and uncertainties that could cause actual results
to differ materially. These risks and uncertainties include, but
are not limited to, specific factors impacting the Company�s
business including increased competition; the ability of the
company to expand its operations and attract and retain qualified
personnel, the uncertainty of consumer�s desires for sports and
celebrity memorabilia; the availability of product; availability of
financing; the ability to sell additional franchises; and general
economic conditions.
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