COOPER CITY, Fla., Oct. 3, 2011 (GLOBE NEWSWIRE) -- Decorator Industries, Inc. (OTC Pink:DINI), a leading supplier of interior furnishings for the hospitality, manufactured housing ("MH") and recreational vehicle ("RV") industries, today announced that it filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code in the Southern District of Florida. The company is taking this action to reduce its cost structure, conserve cash and return to profitability. The Company has retained Genovese, Joblove & Battista, P.A. as debtor's bankruptcy counsel.

 "Our Company made significant cost reductions over the last three years to adjust to the declining sales," said Decorator President and Chief Executive Officer William A. Johnson. "Despite these efforts, management and the board of directors have decided to utilize the Chapter 11 restructuring process to address certain costs in a timely and orderly fashion that could not be dealt with outside of Chapter 11."

 The Company emphasizes that daily operations will continue as normal throughout the restructuring process. The employees will continue to be paid and receive the same benefits as before the filing. The customers will continue to receive the high quality products they expect, when they need them and with exceptional service. The Company will continue to honor all warranty programs, rebate programs and customer deposits.

 The Company will have sufficient liquidity after taking this action that it will not be necessary to seek costly debtor-in-possession financing.

 "This was a difficult decision but necessary to preserve the continuity of the business for our customers and the livelihood of 225 employees," said Mr. Johnson.