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SPRINGFIELD, MO: March 6, 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 closed an equity financing of $525,000 and a convertible debt financing of $750,000, which raised $1.275 million for the Company.

The $1.275 million was part of a private placement financing, which if fully subscribed, would have provided $5.0 million to Decorize. Decorize has terminated the private placement as of February 28, 2002. Additional details can be found in the Company's Form 8-K.

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.