decorize.com: The world's decor, right to your store

SPRINGFIELD, MO: February 20, 2002: Decorize, Inc. (OTC BB: DCRZ), a rapidly-emerging provider of direct sourcing solutions for the global home décor market, announced today its revenues for the second quarter of fiscal 2002 ended December 31, 2002.

The Company reported second quarter revenues of $3,775,908, up 28% compared to the first quarter of fiscal 2002. Decorize reported net income before taxes of $120,960, excluding a one-time stock compensation expense of $230,985, in the second quarter of fiscal 2002. For the six months ended December 31, 2001, Decorize reported revenues of $6,714,647. Decorize currently has a backlog in excess of $5 million.

Decorize CEO Jon Baker stated, "We are extremely pleased to continue our top-line growth trend and anticipate bottom-line improvements over the next six months. During the quarter, we obtained orders from some significant national retailers, in addition to fulfilling repeat orders from our existing client base. Through our increase in revenues, we achieved profitability on our pre-tax net earnings before a one-time charge associated with stock compensation. We are confident of meeting our year-end revenue projections of approximately $14.5 million."

Full details of the Company's quarterly results can be viewed in its Form 10QSB available on www.decorize.com.

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, which provides our customers with tremendous 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.