Diamant Art Corp.
OTC Bulletin Board : DIAAF

Diamant Art Corp.

March 21, 2005 16:24 ET

Diamant Art Corporation Places Order

For a minimum of 20,000,000 feet of Diamant Film Attention: Agriculture Editor, Food/Beverage Editor TORONTO--(CCNMatthews - March 21, 2005) - Diamant Film Inc., a wholly owned subsidiary of Diamant Art Corporation (OTCBB:DIAAF), has placed its first 2005 commercial order for a minimum of 20,000,000 feet of Diamant (tm) film, in anticipation of an imminent agreement and product order with Victory Packaging (www.victorypackaging.com) and the testing of Diamant (tm) film by the U.S. military through a previously announced agreement with Presidential Holdings, Inc. (www.presidentialholdings.com). The first 2,400,000 feet of Diamant (tm) film is scheduled to arrive April 12, 2005.

Diamant Film Inc. CEO Stefan Gudmundsson said: "I am very pleased and confident at our progress with both Victory Packaging, a forerunner in the global packaging industry for 25 years, and Presidential Holdings, a company composed of top, former military personnel, and to that end, we anticipate selling and using this sizeable order of Diamant (tm) film, in the very near future."

About Diamant Art Corporation

Diamant Art Corporation, through its wholly owned subsidiary Diamant Film Inc., has secured a 10 year agreement with Diamant Plastics Corporation for the exclusive marketing and distribution rights in the United States, Canada and Mexico to Diamant (tm) film, a non-PVC food stretch film. Diamant (tm) 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 (tm) film has recently received the ECO logo certified by the Environmental Choice(M) Program. The Environmental Choice(M) 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.

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.

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: Diamant Film Inc. Stefan Gudmundsson, CEO and President (905) 752-0220 www.diamantfilm.com/ IN: AGRICULTURE, FOOD

Contact Information

  • Stefan Gudmundsson, CEO and President, Diamant Film Inc.
    Primary Phone: 905-752-0220