SPRINGFIELD, MO: February 28, 2002: Decorize, Inc. (OTC BB: DCRZ), an emerging-growth provider of direct sourcing solutions for the global home décor market, announced today that two private placement funds have increased their beneficial ownership of Decorize's common stock. This investment, in combination with a purchase of additional shares by one of the Company's Directors, has raised an aggregate amount of $1.3 million in net proceeds. Decorize received the investment funds from two southwestern institutional private equity funds in private placements of common stock, common stock warrants and convertible notes, and from Fabian Garcia, a Director of Decorize, upon his exercise of outstanding warrants.

Mr. Garcia has been with Decorize since its inception. His extensive retail background experience includes positions as President of Chanel-Asia Pacific, Vice President and General Manager of Max Factor-Japan and Managing Director of Procter & Gamble-Venezuela.

Jon Baker, CEO of Decorize, said, "We believe that our ability to attract institutional investors is directly related to the recent growth in Decorize's sales and earnings."

Proceeds from the transactions will be used to pursue additional acquisitions and to fund current operations.

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.