SOURCE: Diamant Art Corporation

November 22, 2005 13:57 ET

Diamant Art Corporation Enters BIO-DEGRADABLE Pallet Wrap Market

TORONTO -- (MARKET WIRE) -- November 22, 2005 -- Diamant Art Corporation (OTC BB: DIAAF) and its wholly owned subsidiary, Bio-Plastics Inc., announced today that they have sent its oxo-biodegradable pallet wrap samples for testing to one of its U.S. distributors for the development of the oxo-biodegradable pallet wrap market.

Diamant, through its wholly owned subsidiary Bio-Plastics Inc., is pursuing the North American market for this new pallet wrap product line. This product will degrade and ultimately biograde, and once biodegrading is complete all that remains is carbon dioxide, water and biomass, all which are part of the normal bio-cycle.

About Diamant Art Corporation

BIO-PLASTICS INC. division, a wholly owned subsidiary of Diamant Art Corporation, was formed to develop and acquire new products and technologies for the manufacturing of totally Bio-Degradable products.

Diamant Art Corporation, through its wholly owned subsidiary Diamant Film Inc., has secured the exclusive marketing and distribution rights in the United States, Territory of the People's Republic of China, Canada, Mexico and the Bahamas to Diamant™ film, a non-PVC food stretch film.

Diamant™ film 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 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™ film has successfully met the criteria for both the environmental and performance standards.

Safe Harbor

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.

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

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