DCZ Decorize

Decorize Reports Fourth Quarter Financial Results SPRINGFIELD, Mo., Sept. 17 /PRNewswire-FirstCall/ -- Decorize, Inc. (AMEX:DCZ), provider of direct sourcing solutions for the global home decor market, reported a significant improvement for its fiscal fourth quarter ended June 30, 2004. Decorize posted an operating loss of $765,000 which represents a 33% improvement over the $1.2 million dollar loss reported for the prior quarter. "Although we will not be satisfied until we achieve profitability, we continue to implement changes that have a profitable impact to the business," said Steve Crowder, Decorize's President and Chief Executive Officer. "Gross margins for the quarter were higher and expenses were lower than all three previous quarters. We believe that the significant improvement in operating results for the fourth quarter validate that we are making progress toward profitability," said Crowder. Decorize also announced a net loss of $4.4 million on revenues of $12.1 million in revenues for the fiscal year ended June 30, 2004. 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. 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, continuing 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. DATASOURCE: Decorize, Inc. CONTACT: Emily Hendley of Decorize, Inc., +1-417-447-2381 Web site: http://www.decorize.com/

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