SPRINGFIELD, Mo., April 23 /PRNewswire-FirstCall/ -- Decorize, Inc. (Amex: DCZ - news), an emerging-growth provider of direct sourcing solutions for the global home decor market, announced today that Sears bestowed its 2001 ``Partners in Progress'' award to Decorize.com as a top supplier.

The 2001 ``Partners in Progress'' award was given to fewer than 110 of more than 10,000 suppliers who competed for the award. Decorize.com convened with other distinguished award recipients on April 9, 2002 at Sears' headquarters for the Sears, Roebuck and Co. annual ``Partners In Progress'' event.

Jon Baker, CEO of Decorize, stated, ``Distinction from Sears is the highest testimonial to the validity of our business model and makes a strong statement to our standards of service.''

Baker added, ``Our 'Partners in Progress' award is also a tribute to our shareholders and employees for their ongoing commitment to excellence and establishing a new paradigm for the industry. Through their support, Decorize has achieved tremendous progress over a short period of time.''

Begun almost 20 years ago, the Partners In Progress program recognizes suppliers that make significant contributions to the growth of Sears businesses and the creation of new ways to better serve Sears customers.

About Sears, Roebuck and Co.

Sears, Roebuck and Co. is a leading U.S. retailer of apparel, home and automotive products and services, with annual revenue of more than $40 billion. The company serves families in the U.S. through Sears stores nationwide, including approximately 870 full-line stores. Sears also offers a wide variety of online offerings accessible through its Web site, www.sears.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, at unprecedented cost savings. Decorize has served more than 2,000 small and large retail accounts, including national brand names.

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. Also visit www.nfnonline.com/dcz.

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.