DCZ Decorize

Decorize, Inc. Announces Management Changes SPRINGFIELD, Mo., March 22 /PRNewswire-FirstCall/ -- Decorize, Inc. announced today several senior management changes that are effective immediately. Vik Karode has joined the company as Vice President of Operations. He will be responsible for all sourcing, overseas production and logistics. Mr. Karode brings 30 years of international supply chain and logistics management experience to Decorize. His experience includes a variety of senior management positions in both large established enterprises and development stage companies. During his service in those positions Mr. Karode has managed operations in eastern and western Europe, Africa, India and the Far East. Karode holds an MBA from University of Akron, an undergraduate degree in Accounting and Business from the University of Bombay in India, a CPA and has earned APICS certification in Production and Inventory Management. Tad Moseley has joined the company as Vice President of Technology. Mr. Moseley brings over 20 years of experience in telecommunications and information systems. Mr. Moseley will be responsible for developing and managing the technology necessary to build Decorize into a world class home furnishings company. Prior to joiningthe Decorize team Mr. Moseley served as Vice President - Information Systems and Telecommunications for Bass Pro, Inc. While there, Bass Pro grew from a catalog business into a multi-channel organization encompassing retail, catalog, e-commerce, wholesale, food service and hospitality. Prior to his time with Bass Pro, he was employed by Accenture. Mr. Moseley earned an MBA from Drury University and an undergraduate degree in Business Administration from Southern Methodist University in Dallas, Texas. Brent Olson, currently Controller, will become interim CFO to fill the vacancy created when Alex Budzinsky left the company. Olson has been Controller since inception of Decorize and has been involved in all aspects of investor relations. Decorize CEO Steve Crowder stated, "I am delighted to have leaders with their talent join the management team. The experience and innovation that they will bring to the company will greatly enhance our ability to become a leading provider of home furnishing products." The Company also announced that John Bagalay, a Decorize Director, has resigned citing personal reasons. "John's insight and guidance have been invaluable on our board during his tenure," stated Chairman Kevin Bohren. "The changes and direction set by our new CEO, Steve Crowder, over the past two months are very positive in positioning the company for future growth," continued Mr. Bohren. "We are excited about the potential represented by the management team that is being assembled." About Decorize, Inc. Decorize, Inc. has developed a sourcing and logistics 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 retail 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/ . Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: 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 and 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. AT THE COMPANY: 417-879-3326 Steve Crowder or http://www.decorize.com/ DATASOURCE: Decorize, Inc. CONTACT: Steve Crowder of Decorize, Inc., +1-417-879-3326, , or Web site: http://www.decorize.com/

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