SOURCE: Diamant Art Corporation

February 18, 2009 12:16 ET

Diamant Art Corporation Announces Evolving Strategy to Raise Global Awareness

TORONTO--(Marketwire - February 18, 2009) - Diamant Art Corporation (OTCBB: DIAAF) is pleased to announce that through its wholly owned subsidiary, Bio-Plastics Film Inc., the Company has made recent advancements have with various companies that have considered the Company's plastic packaging and additive products. The Company is taking a proactive approach to generating increasing interest in the various products that we distribute, such as the shrink and pallet wrap, both nationally and internationally.

In a strategy to gain and maintain momentum on orders of ranging sizes, we are in communications with companies, not exclusively in the United States, but also abroad to widen our scope of potential clients in this challenging economy. There are a number of companies that are soon to be completing their testing of our products, which are FDA compliant, and evaluating them for suitability. Shareholders will be updated by announcements regularly as these results begin to emerge. Upon completion, we foresee that a number of other potential clients will commence suitability testing for their own comparable applications. The Company anticipates sales in the Province of Quebec in the coming weeks due to interest it has received from potential clients. With initial testing of the packaging products proving successful and final testing to be completed soon, the Company believes that these initial sales should occur.

Recently, Diamant Art Corporation announced that through its wholly owned subsidiary, Bio-Plastics Film Inc., the Company has received the official notification that the Canadian Food Inspection Agency has granted Non-Objection status to its food cling film products. This designation means that Diamant's cling film has been found safe to be utilized in food applications.

The Company continues to bring exposure to the innovative nature of its technologically advanced environmentally friendly products. We want our investors to understand that despite the negative pressure in the stock market, Diamant's biodegradable products are continuously gaining acceptance in their market segments. In an effort to ease uncertainty in regards to our company and its operations, we intend to keep our Shareholders fully informed as these developments continue to evolve.

Diamant Art Corporation (OTCBB: DIAAF), through its wholly owned subsidiary Diamant Film Inc. (www.diamantfilm.com), is the world's first plasticizer-free 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. Bio-Plastics Film Inc. 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.

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.

Contact: For more information visit our FILM division website of Diamant Art Corporation at http://www.diamantfilm.com or contact Investor Relations: Gibraltan Financial, (407) 830-9777.

Contact Information

  • Contact:
    Investor Relations
    Gibraltan Financial
    (407) 830-9777