SOURCE: DIAMANT ART CORP

October 21, 2005 19:07 ET

Diamant Art Corporation Develops New Consumer Product

TORONTO -- (MARKET WIRE) -- October 21, 2005 -- Diamant Art Corporation (OTC BB: DIAAF) is pleased to announce that, through its wholly owned subsidiary Diamant Film Inc., it has now completed the design and development of its Consumer size cutter box.

Diamant Film Inc. CEO Stefan Gudmundsson states, "I am very pleased with the latest consumer size cutter box and design. As a corporate initiative, we have always wanted to be able to provide our environmentally friendly and recyclable stretch wrap Diamant Film Inc. directly to the consumer as a result of increasing consumer awareness and concern. Our goal is to provide our clients and potential clients with a complete range of cutter boxes including our new Consumer size cutter box, in order to provide stretch wrap packaging solutions for the industrial, commercial and now the consumer marketplaces. I believe these practical and design developments will enhance our sales and marketing initiatives and serve the company well in the near future."

About Diamant Art Corporation

Diamant Art Corporation, through its wholly owned subsidiary Diamant Film Inc., has secured a ten year agreement with Diamant Plastics Corporation for the exclusive marketing and distribution rights in the United States, Canada, Mexico and the Bahamas to Diamant Film Inc., a non-PVC food stretch film. Diamant Film Inc. 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 Inc. 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 has successfully met the criteria for both the environmental and performance standards.

This media release may contain forward-looking statements regarding but not limited to management, market potential, distributor success, market size, international sales, marketing, future events and performance of the Company which involve risks and uncertainties that could materially affect actual results. Investors should refer to documents that the Company intends to file with the SEC for a description of certain factors that could cause actual results to vary from current expectations and the forward-looking statements contained in this media release.

Contact Information

  • For further information, please contact:
    Stefan Gudmundsson
    CEO and President of Diamant Film Inc.
    (905) 752-0220
    or visit our website at www.diamantfilm.com