SOURCE: Diamant Art Corporation

October 24, 2007 08:30 ET

Diamant Art Corporation Reveals Superiority of Nor-X's New Innovative Patented Advanced Biodegradable Technology

TORONTO--(Marketwire - October 24, 2007) - Diamant Art Corporation (OTCBB: DIAAF) announces the exclusivity of the patented additive that the Nor-X Industry AS provides, as highlighted on the Company's corporate website. Nor-X brings an elite, high quality, and patented technology to the industry. To view more info on the company's technologies go to: http://www.nor-x.no/

In contrast to its well known competitors in Europe and the Far East, Nor-X Industry AS produces its own unique advanced technology through a patented process. Nor-X meets stringent EU regulations in regards to its technology. Nor-X endeavors to provide degradation as per ASTM D 6954-4 standards, which have clearly stated objectives which Nor-X's policies adhere to.

Nor-X Industry AS has applied for eight patents (2 new patent applications in 2007) covering the technologies under development and documentation. Three patents are within the Nor-X™ Degradable family branch, three are within hybrid polymers and barrier properties, one is for the Nor-X™ Oil Remove and one combines use of base Nor-X Industry AS technologies together with hybrid polymers. Nor-X Industry AS has an exclusive license for these patents.

Nor-X™ Degradable has been successfully tested in full scale recycling up to 80% added plastic containing Nor-X™ Degradable with no problems during recycling production. The degradation time can be tailor-made according to the client's individual needs (product life time, use and degradation requirements).

About Nor-X Industry AS: Nor-X Industry AS (www.nor-x.no/) is a privately owned Norwegian environmental technology company that manufactures, documents, protects and sells specialized additives to provide new commercially viable and practical environmental solutions to the international polyolefin plastics industry.

About Oxy-Bio International Inc.: Oxy-Bio International Inc. is a privately owned Canadian corporation owning the exclusive rights to Nor-X's commercial products for North America (NAFTA Countries).

About Diamant Film Inc.: Diamant Art Corporation (OTCBB: DIAAF), through its wholly owned subsidiary Diamant Film Inc. (www.diamantfilm.com), is the world's first plasticizer-free stretch film based on polystyrene and the first food wrap film that is environmentally friendly and recyclable. Diamant's Bio-Products contain Totally Degradable Plastic Additive. Unlike other plastic, once biodegrading is complete, all that remains is carbon dioxide, water and biomass, all of which are part of the normal bio-cycle. Diamant™ Film has recently received the ECO logo certified by the Environmental Choice™ Program. The Environmental Choice™ Program is North America's leading benchmark of environmentally responsible products and services.

Safe Harbor Act: This release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 6-K or 20F and other filings made by such company with the SEC. Further Diamant Art Corporation and its wholly owned subsidiaries, Diamant Film Inc. and Bio-Plastics Film Inc. do not condone or participate in spam activities, e-mail and fax programs of any manner.

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