SOURCE: Diamant Art Corporation

March 19, 2008 09:00 ET

Diamant Art Corporation Persists With Awareness Efforts as Santa Monica Mobilizes to Ban Non Degradable Plastic Grocery Bags

TORONTO--(Marketwire - March 19, 2008) - Diamant Corporation (OTCBB: DIAAF) is pleased to announce that the Company continues to create exposure for their proprietary bio degradable additive currently available to all plastic bag manufacturers Nationwide in light of the growing demands of this swiftly evolving ecologically conscious market. With the industry currently experiencing a notable shift in demand for biodegradable alternatives, Santa Monica mobilizes to unite with San Francisco in their efforts to become an environmentally cleaner society.

The measure, supported by Heal the Bay, an influential environmental organization based in Santa Monica, is aimed at accelerating a shift away from highly polluting plastic bags in favor of reusable canvas and degradable alternatives.

"This is the farthest-reaching bag ban in the United States, if not the world," said Mark Gold, president of Heal the Bay. "It's a bold move by Santa Monica that . . . we hope serves as a model for California and beyond." Gold said Malibu, Los Angeles and Long Beach were watching Santa Monica's actions.

Legislators Nationwide, such as Wisconsin Representative Mr. Mark Pocan, have assembled to bring ecological reform. Rep. Mark Pocan, D-Madison, and Sen. Bob Jauch, D-Poplar, have recently introduced a bill in Wisconsin that would ban retail stores from using non-friendly environmental shopping bags.

Diamant Corporation recently announced that the Company has achieved a commercial level of inventory which allows the company the capability of delivering enough of its proprietary bio-degradable additive to generate in the range of 1.5 billion grocery bags, or create 16,500,000 Lbs of Bio-Degradable plastic that may be used to produce pallet wrap or Food film. The Company expects that this high volume availability will be a leading factor in the company's rise to becoming a leader in the industry.

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 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: For more information visit our FILM division website of Diamant Art Corporation at http://www.diamantfilm.com.

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