SPRINGFIELD, MO: January 15, 2002: Decorize, Inc. (OTC BB: DCRZ), an emerging-growth provider of direct sourcing solutions for the global home décor market, announced today that it has appointed Alex Budzinsky as Executive Vice President of Decorize.

Mr. Budzinsky brings 20 years of corporate finance and investment banking experience with firms such as Citibank, Dean Witter, and Merrill Lynch. During his tenure as a Wall Street investment banker, Mr. Budzinsky was responsible for arranging financing for various companies, including start-ups. Over the past nine years, he participated as founder and senior manager in developing several early-stage, publicly-traded companies, holding positions as CEO, EVP and CFO for firms operating in information technology, international business and natural resources.

Jon Baker, CEO of Decorize, said, "Mr. Budzinsky will direct key areas of our financial and operational growth. His expertise in guiding the development of emerging-growth firms in the public arena is a true asset to Decorize."

Alex Budzinsky, EVP of Decorize, commented, "Decorize has the solid fundamentals to develop from an emerging player into a major competitor in the home accents furnishings sector. I look forward to working with the Decorize team to achieve our immediate goals of increasing capital and achieving near-term profitability."

About Decorize, Inc.

Decorize, Inc. is the proprietor of a breakthrough sourcing, logistics and technology model that reduces the non-value added costs that have traditionally been channeled into the home furnishings category. The Company strips away layers of handling and storage steps to deliver products directly from the Far East to the doors of retailers, at unprecedented cost savings.

The Company's business model affords aggressive savings of up to 70% for large retailers and 30% for small retailers. Decorize deploys a "one-price" approach at Decorize.com. For the first time in the industry, small retailers can ship directly from the Far East with a minimum order of $500, including freight, while enjoying cost savings of 30% over wholesale prices. Decorize offers over 10,000 SKUs through its brands: Faith Walk, GuildMaster and decorize.com. Additional information on the Company and its products can be found www.decorize.com. Investors may also visit www.otcfn.com/dcrz.

Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence on third-party suppliers, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.