SOURCE: Diamant Art Corporation

May 06, 2008 09:00 ET

Diamant Art Corporation Announces Revolutionary Additive to Undergo Testing in North America for the Rendering of Integrated Plastic PET Bottles Biodegradable

Diamant Plans for Submission of Additive to Leading Bottling Companies for Scientific Evaluation in North America

TORONTO--(Marketwire - May 6, 2008) - Diamant Art Corporation (OTCBB: DIAAF) through its wholly owned subsidiary Diamant Film Inc. is pleased to announce that they are about to begin trials for use of their oxo biodegradation technology in the manufacturing of plastic PET (polyethylene terephthalate with Leading Bottling Companies for Scientific Evaluation in Noth America. The additive has been subject to research in Europe and initial results indicate that it will work to create a degradable plastic PET bottle. By utilizing the proprietary additive in a manufacturing environment, these evaluations will determine the integration suitability for North American Plastic Bottling Manufacturing systems.

Once determined that it will render plastic PET bottles biodegradable, Diamant will apply for FDA testing to begin as legislative pressure continues to build for ecological change this rapidly evolving marketplace.

This revolutionary bottling additive is a proprietary material that is blended into polyethylene terephthalate (PET), which in addition to its biodegrading qualities, can now be used to package a range of shelf-stable products, including salsas, pasta and barbecue sauces, tomato ketchups, similar steak and table hot sauces, jams, jellies, juices, and bottled beverages such as sodas and water.

About Diamant Film Inc.: Diamant Art Corporation (OTCBB: DIAAF), through its wholly owned subsidiary Diamant Film Inc. (www.diamantfilm.com) and Bio-Plastics Film Inc., is the world's first plasticizer-free 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 and the sole supplier of The Nor-X additive in North America.

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 Information

  • 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) 834-9777