Dreams Signs Extension with Comerica Bank

Receives Waivers from 2008 Covenant Breaches
PLANTATION, Fla.--(Business Wire)--
Dreams, Inc. (NYSE Amex:DRJ) announced today that it has executed an agreement
with its senior lender, Comerica Bank, that provides for the continued funding
of its operations with nearly $21 million in credit facilities through June
2010. Previously, Dreams had disclosed that in 2008, it was in breach of some
performance covenants with its senior lender and that it was working with
Comerica Bank to determine a course of action to remedy the situation. With this
extension, Dreams returns to being in good standing with its senior lender, has
had its 2009 business plan approved and funded.

"This will allow us to re-focus on executing our plan, having put our proverbial
financial house back in order," stated Ross Tannenbaum, Dreams President & CEO.

DREAMS, INC. trades under the ticker symbol: NYSE Amex:DRJ

www.dreamscorp.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.Such forward-looking statements involve known and
unknown risks, uncertainties and other factors which may cause the actual
results, performance or achievements of the Company to be materially different
from any future results, performance or achievements expressed or implied by
such forward-looking statements. Such statements are indicated by words or
phrases such as "anticipates," "projects," "management believes," "Dreams
believes," "intends," "expects," and similar words or phrases. Such factors
include, among others, the following: competition; seasonality; success of
operating initiatives; new product development and introduction schedules;
acceptance of new product offerings; franchise sales; advertising and
promotional efforts; adverse publicity; expansion of the franchise chain;
availability, locations and terms of sites for franchise development; changes in
business strategy or development plans; availability and terms of capital
including the continuing availability of our credit facility with Comerica Bank
or a similar facility with another financial institution; labor and employee
benefit costs; changes in government regulations; and other factors particular
to the Company.

Dreams, Inc., Plantation
Investor Relations Contact Info:
David M. Greene, Senior Vice-President, 954-377-0002
Fax: 954-475-8785
dgreene@dreamscorp.com
or
Public Relations for Dreams, Inc.:
Boardroom Communications
Jennifer Clarin and/or Caren Berg, 954-370-8999
Fax: 954-370-8892
jclarin@boardroompr.com

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