SOURCE: Diamant Art Corporation

March 04, 2008 09:05 ET

Diamant Art Corporation Continues to Further Marketing Efforts as Demand for Proprietary Degrading Additive Gains International Recognition

TORONTO--(Marketwire - March 4, 2008) - Diamant Art Corporation (OTCBB: DIAAF) is pleased to announce that the Company is in discussions to further their marketing efforts, in consideration of the universal growth of the recyclable market potential. Awareness regarding the environmental toxicity and permanence of plastic bags that do not degrade is reaching worldwide proportions.

It's been announced that the city of San Francisco has outlawed the use of non degradable plastic bags in a Landmark decision on a National level, but in a recent article published in the Wisconsin's Badger Herald, it's been stated that China, Rwanda, Eritrea, and South Africa have also already instilled a ban on plastic bags, with Ireland, Australia and many African countries currently considering a ban or tax on non-biodegradable plastic bags, representing a synonymous global movement toward the evolving of an earth friendly global community. To view the article in its entirety, follow this link: The Badger Herald (http://badgerherald.com/news/2008/02/21/legislators_target_b.php).

Diamant is currently positioned well to distributing Nor-X Industry AS's (www.nor-x.no/) technically advanced Nor-X Intelligent Additives to plastic bag manufacturers, which achieve degradation in the first phase, and thereafter bio-degradation through the use of Nor-X Intelligent additives. This technology allows common plastic packaging to be Re-used, Recycled, and Reduced, followed by the capability to Remove, which makes this product distinctive in its category. This is anticipated to bring significant growth to the company since currently, by law, an increasing number of grocers are required to comply, and it is no longer a choice for bag manufacturers to supply bags that are Not biodegradable.

Diamant recently announced it has received an order for biodegradable plastic film and Packaging pallet wrap from Internet Giant Google, based on their commitment to become a company that in every way consumes responsibly in the light of our ecological global crisis. The NON-PVC plastic biodegradable film will be used for the Company's internal requirements

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

    Investor Relations:
    Gibraltan Financial
    (407) 834-9777