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Trans World Entertainment Corporation is one of the largest specialty music and video retailers in the United States. Founded in 1972, the Company currently operates over 500 stores in 47 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands, and operates a retail Web site at www.fye.com. Trans World’s national mall-based store portfolio and the majority of its free-standing stores are united under the brand name F.Y.E., (For Your Entertainment); the mall portfolio also includes select Saturday Matinee and Suncoast movie stores.

The Company’s stores offer a wide selection of entertainment products, including CDs, DVDs, video games, trend/specialty items and related accessories. The Company’s headquarters, along with its distribution center, is in Albany, NY.

Trans World Entertainment, which established itself as a public company in 1986, is traded on the Nasdaq National Market under the symbol “TWMC”.