FansEdge.com Named 39th Fastest Growing Retailer on the Web by Internet Retailer Magazine
June 14 2007 - 9:14AM
Business Wire
FansEdge, Inc., the internet division of Dreams, Inc., (AMEX:DRJ)
landed at number 39 on the coveted 2006 �Top 500 Fastest Growing
Retailers� list from industry bible, Internet Retailer Magazine.
The anticipated issue lists 500 retailers in order of sales growth
due to online presence. FansEdge, with the complement of all of its
web properties, achieved a growth rate of 71 percent over the
previous year, and came in the top 10 percent of all retailers
nationwide. FansEdge.com, one of the foremost providers of licensed
sports products and autographed memorabilia via the internet, was
number 289 among all retailers nationwide based on sales volume; up
from number 363 in 2005. The list was headed by internet giant
Amazon.com. �We are thrilled to be so high on the list of the
fastest growing retailers,� said Kevin Bates, founder of FansEdge
and president of the retail division of Dreams, Inc., a vertically
integrated leader in the licensed sports products industry. �This
is a testament to our savvy marketing, outstanding customer
experience, breadth and depth of products and the diligent work of
the entire team.� The Internet Retailer staff spends five months
researching, analyzing and reviewing data to assess the rankings.
The exhaustive study reveals a list that industry professionals
believe is comprehensive and accurate. �We are pleased to boast one
of the strongest brands on the internet. With parameters such as
3.94 seconds for average response time and 99.6% web site
availability, FansEdge.com has earned the mark as one of the most
successful on-line retailers for customer satisfaction,� said
Dreams President and CEO Ross Tannenbaum. �Dreams sensed the
potential for FansEdge when we acquired the firm in October 2003.
It is gratifying to see a strategic acquisition exceed everyone�s
expectations,� Tannenbaum concluded. The full list of the �Top 500
Fastest Growing Retailers� is available in the June issue of
Internet Retailer. DREAMS, INC. trades under the ticker symbol:
AMEX:DRJ www.Dreamscorp.com FansEdge.com ProSportsMemorabilia.com
FieldofDreams.com SportsCases.com BigBen7.com (Ben Roethlisberger)
DanMarino.com JohnElway.com PeteRose.com EmmittSmith.com (store
only) DickButkus.com MikeSchmidt.com 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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