SPRINGFIELD, Mo., Jan. 9, 2007 (PRIME NEWSWIRE) -- Decorize, Inc. (AMEX:DCZ), a recognized leader in the home accents industry, reported a second quarter sales increase of approximately 180%, with total sales for the quarter of $4.5 million versus $1.6 million in the prior year quarter. The strong increase in sales was attributed to the exciting new strategic partnerships that Decorize has recently announced.
Steve Crowder, Chief Executive Officer of Decorize, said, "The Company's ability to provide a lifestyle home accent solution to our customers has differentiated Decorize from many accent companies who only import 'off the shelf' product from overseas. Customers have discovered that we can design and source multiple categories of exclusive home accent products. This capability allows the retailer to focus their attention and resources on the consumer and not worry about supply chain issues related to production overseas."
For the fourth consecutive quarter, the Company has posted improved sales and operating results over the previous year. Decorize expects to announce its first quarterly operating profit when it files its second quarter results with the Securities and Exchange Commission on Form 10-QSB in early February.
Decorize, Inc., founded in 2000, is a recognized leader in the home accents industry. The company has developed a vertically integrated design, sourcing and logistics model that reduces costs traditionally channeled into home furnishings. Decorize has served more than 3,000 small and large retail accounts, including national brand names such as Broyhill Furniture Industries, Bombay Company, Home Depot, Steinmart, May/Federated Stores, Neiman Marcus, Rooms To Go, and Sears - The Great Indoors.
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.