 Trans World Entertainment Nasdaq TWMC, TWEC or the Company a leading specialty retailer of entertainment and pop culture merchandise with stores in the United States and Puerto Rico, primarily under the name fye, for your entertainment, and on the web at and announced today that it has filed with the U.S. Securities and Exchange Commission SEC its definitive proxy statement in connection with the Companys previously announced agreement to sell substantially all of the assets of the Companys fye segment to a subsidiary of Sunrise Records and Entertainment Ltd. the Transaction. The definitive proxy statement is available on the Investors section of the Companys website, as well as and, commencing on or about February 7, 2020, will be sent to all TWEC stockholders entitled to vote at the special stockholders meeting scheduled to take place on Monday, February 17, 2020, at 10:00 a.m. ET at Trans World Entertainment Corporation, 38 Corporate Circle, Albany, NY 12203. 