DECORIZE RECEIVES ORDERS IN EXCESS OF $1.2 MILLION
SPRINGFIELD, Mo., October 1, 2003/PRNewswire/Decorize, Inc. (AMEX: DCZ), a provider of direct sourcing solutions for the global home decor market, announced today that it has received orders over the last three weeks in excess of $1.2 million from one of its existing customers. Most of the product is scheduled to be delivered in December and January. The company believes that repeat business such as these new orders confirms its ability to develop products that meet its clients' needs.
Jim Parsons, CEO of Decorize, stated "Following on the significant improvements in revenues that we just reported for our fiscal year ended June 30, 2003, we view these substantial new orders from a major established customer as a vote of confidence in our business model."
About Decorize, Inc.
Decorize, Inc. has developed a business model that reduces various costs that have traditionally been channeled into the home furnishings category. The company delivers products directly from the Far East to its retailer customers and reduces or eliminates handling and storage costs, which results in substantial 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. Additional information on the company and its products can be found at http://www.decorize.com .
Statements about the future performance of Decorize, economic trends, and other 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 Decorize's products, increased levels of competition for the company, new products and technological changes, Decorize's dependence on third-party suppliers, and other risks detailed from time to time in Decorize's periodic reports filed with the Securities and Exchange Commission. Decorize provides no assurance regarding the actual outcome of the events contemplated by any forward-looking statements included in this release.
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