SOURCE: Diamant Art Corporation

July 07, 2006 16:10 ET

DIAAF Outlook for 2006 -- As Reported by WallStreetReporter.com

TORONTO -- (MARKET WIRE) -- July 7, 2006 -- Diamant Art Corporation (OTCBB: DIAAF) is pleased to announce today that, through its wholly owned subsidiary, Diamant Film Inc., the President and CEO, Stefan Gudmundsson, has been featured in an interview with WallStreetReporter.com. WallStreetReporter.com is viewed by over 80,000 analyst, brokers, portfolio managers and high net worth investors.

To hear the complete interview with WallStreetReporter.com, visit: http://www.wallstreetreporter.com/profile.php?id=18911#

During his interview, Mr. Gudmundsson stated, "This is an exciting time for our company. We have created the world's first plasticizer-free stretch film, Diamant™ film 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™ 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. Diamant™ film has successfully met the criteria for both the environmental and performance standards.

"We have also secured the rights to the US, Canada, China, Korea, Mexico, Singapore, Thailand and the Bahamas. This gives our company control over those markets." Mr. Gudmundsson further stated, "Now that we have secured the rights to these markets, we are aggressively marketing our non-pvc, biodegradable food wrap film to hospitals, supermarkets and homes on a global scale."

For further information, please contact Investor Relations at (973) 351-3868, or visit our website at www.diamantfilm.com

Forward-Looking Statements:

This press release contains forward-looking statements. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. There are a number of factors that could cause actual results and developments to differ materially.

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