TWEC.COM Announces Marketing Agreement With Online Newspaper Network Provider, Poweradz.com; TWEC.COM to Post Co-Branded Entertainment Web Pages to More Than 1,200 Hometown Newspapers

ALBANY, N.Y.–(BUSINESS WIRE)–Jan. 31, 2000–TWEC.COM (www.twec.com), the e-commerce site of leading entertainment products retailer Trans World Entertainment Corporation (Nasdaq:TWMC), today announced a marketing partnership with PowerAdz.com, an online newspaper network that publishes more than 1,200 newspapers online.

According to the terms of the agreement, both companies will create a co-branded web site providing readers of more than 1,200 different newspapers with a direct link to the latest entertainment news and products on www.twec.com. The site will include a variety of entertainment information including top selling products, latest and upcoming releases, feature items as well as several links to other exciting sites.

The co-branded site will create a turn key entertainment section distributed to the PowerAdz.com affiliate network of national and regional newspapers, including the Dallas Morning News, New York Post, Orange County Register, Milwaukee Journal Sentinel and the Bergen Record. This provides a unique opportunity for TWEC.COM to reach regional communities across the country.

“This agreement with PowerAdz.com presents TWEC.COM with an opportunity to reach local communities nationwide,” said Jim Litwak, Executive Vice President of Marketing and Merchandising, Trans World Entertainment. “Thanks to the web pages created by PowerAdz.com, TWEC.COM will have another online presence, which will drive “hometown” audiences to our site, www.twec.com, and from there to our retail stores.”

“Trans World’s content gives our online affiliate newspaper readers additional resources for popular entertainment products,” said Mark Chudzicki, president and CEO of PowerAdz.com. “As web site readership increases, our network affiliates can provide an effective marketplace for their advertisers.”

About Trans World Entertainment

Trans World Entertainment is the leading music retailer in the United States. The company operates retail stores in 44 states, the District of Columbia and Puerto Rico as well as an e-commerce site, http://www.twec.com. Mall locations include Camelot Music, Record Town, The Wall and F.Y.E. Freestanding locations include Coconuts Music and Movies, Strawberries Music, Spec’s and Planet Music.

About The Web’s Entertainment Center (TWEC.COM)

TWEC.COM is the online hub for Trans World Entertainment’s retail stores. With worldwide distribution spanning 16 countries in addition to the United States, the site features all of the music CDs and cassettes, video games, DVD and VHS (PAL and NTSC) home videos that are available at its retail stores, and more. TWEC.COM is home to Trans World’s “On Stage” series, featuring live concerts, online chats, in-store artist appearance schedules, in-studio performances and entertainment media that is on-demand.

About PowerAdz.com

PowerAdz is the leading Internet infrastructure provider and aggregator of local, granular content, assembling the largest network of local, newspaper-based community portals on the Internet. The Company has more than 1,000 newspaper affiliates, thousands of participating advertisers and over 20 state press association endorsements. The company’s national advertising programs provide a unique opportunity to reach the “hometown” demographic. PowerAdz.com affiliates are some of the largest newspapers in the country, including the Dallas Morning News, New York Post, Orange County Register, Milwaukee Journal Sentinel, and the Bergen Record, in addition to hundreds of suburban, daily and weekly newspapers across America. Founded in 1996, PowerAdz.com markets its services under AdQuest, CarCast, AuctionHill, ThinkHomes, CareerGold, and Zwire! Internet brands.

Certain statements in this report set forth management’s intentions, plans, beliefs, expectations or predictions of the future based on current facts and analyses. Actual results may differ materially from those indicated in such statements. Additional information on factors that may affect the business and financial results of the Company can be found in filings of the Company with the Securities and Exchange Commission.


     CONTACT:  Trans World Entertainment Corporation
               Jim Litwak
               Executive Vice President of Merchandising and Marketing
               518/452-1248 ext.7240
                    or
               The MWW Group
               Media Relations:
               Charlotte Ostor, 
               Investor Relations:
               Leon Berman, 
               201/507-9500