SOURCE: Diamant Art Corporation

November 28, 2007 09:00 ET

Diamant Art Corporation Announces Nor-X's Patented Biodegradable Solution Positioned to Begin Immediate Distribution Nationwide in Response to Newly Enacted Law Banning Traditional Plastic Non Biodegradable Grocery Bags

Large Grocery Stores in San Francisco No Longer Authorized to Utilize Traditional Non-Biodegradable Plastic Bags, as per City Ordinance Made Effective Yesterday

TORONTO--(Marketwire - November 28, 2007) - Diamant Art Corporation (OTCBB: DIAAF) announces that the Company is prepared to meet the demand of the rapidly growing segment of plastic grocery bag manufacturers. Nor-X brings an elite, high quality, and patented technology to the industry through Diamant Art Corporation which is prepared to start filling orders immediately based on the anticipation of a strong surge in demand for the Nor-X biodegradable additive.

CNN.COM/AM delivered a story that shed light on the fact that, "In recent months, environmental campaigners have been focusing their ire on the once guiltless plastic bag, publicly declaring it the nemesis of all that is green and good. It has also become a powerful symbol of how neglectful and profligate modern society has become." The news story goes on to reveal a growing market overseas when stating that, "Only this week in the UK all 33 London boroughs gave their backing to a Parliamentary Bill which seeks to make law an outright ban on free throwaway plastic bags."

The move comes after Modbury, a small town in Devon, UK gained much publicity when it banned plastic bags back in May 2007. Cities far and wide are beginning to implement a ban. Dhaka, the capital of Bangladesh, banned plastic bags in 2002 and in March this year San Francisco followed suit. For the last five years, the Republic of Ireland has imposed a nationwide tax of 15 cents on all supermarket shopping bags and in 2008 the Australia government will start a similar program.

Environmentalists, scientists and manufacturers generally agree that the biodegrading process can process can extend to 1000 years for this style an density of plastic. To view the article in its entirety go to: http://edition.cnn.com/2007/TECH/11/14/fsummit.climate.plasticbags/ and visit http://www.cnn.com/CNN/Programs/american.morning/ and take advantage of the opportunity to vote for whether or not traditional Plastic Bags should be banned.

Since their introduction to U.S. supermarkets in the late 1970s plastic bags have become a ubiquitous presence. They were a blessing for every shopkeeper in the world; being lighter, stronger and cheaper than the conventional paper bag. Their numbers spread rapidly and it is now estimated that the annual worldwide consumption of plastic bags is currently running at between 500 billion to one trillion.

Nor-X Industry AS has patent applied eight patents (2 new patent applications 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: www.nor-x.no/ Nor-X Industry AS 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 Diamant Art Corp., through its wholly owned subsidiary Diamant Film Inc. (www.diamantfilm.com), and Bio-Plastic Corp. 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 plastic products will degrade and ultimately biodegrade. 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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