SPRINGFIELD, Mo., June 25 /PRNewswire-FirstCall/ -- Decorize, Inc. (Amex: DCZ - News) an emerging-growth provider of direct sourcing solutions for the global home decor market, announced today that it would report record fourth quarter revenue and shipments when it announces its fourth quarter results for the period ended June 30, 2002. The company expects to report fourth quarter revenues of approximately $5.2 million, which would be the company's highest quarterly revenues to date, and would represent a 100% increase versus the company's third quarter revenue of $2.6 million.

"We have now developed the technology and infrastructure to support our growing relationships with retailers," said Jon Baker, Decorize's CEO. "This has resulted in us increasing revenues from just $1 million in our first fiscal year to over $14 million for the current fiscal year. We believe that both large and small retailers are increasingly embracing the cost advantages created by our direct sourcing solutions. We expect that we will be able to demonstrate during our upcoming fiscal year the scalability of this model, as earnings grow along with revenues."

The company expects to issue first quarter guidance when it releases its fourth-quarter 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 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.