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DECORIZE RECEIVES RECORD $2 MILLION ORDER
SPRINGFIELD, Mo., June 17 /PRNewswire-FirstCall/ -- Decorize, Inc. (Amex: DCZ) an emerging-growth provider of direct sourcing solutions for the global home decor market, announced today that it had received a record $2 million order from a leading national retailer. This order exceeds the company's previous largest order by 18%. "We believe that this order demonstrates that our business model and the technology-driven benefits that we provide appeals to both large and small retailers," said Jon Baker, Decorize's Chief Executive Officer. "We feel that many leading retailers, such as Dillard's and Sears, are increasingly adopting our value-added solutions. In the current environment, where retailers are trying to eliminate non-value added costs, we know that our model affords substantial savings versus wholesale prices. We believe that this order demonstrates our ability to continue to grow revenue and earnings. 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 such as Dillard's, Rooms To Go, and Sears - The Great Indoors. The Company's business model affords aggressive savings for large retailers and also 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 up to 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 at http://www.decorize.com. 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. |
