SOURCE: Diamant Art Corporation

March 08, 2006 06:30 ET

Diamant Art Corporation Receives Strong Upgrade by Respected Research Firm

Management Continues Global Expansion

TORONTO -- (MARKET WIRE) -- March 8, 2006 -- Diamant Art Corporation (OTC BB: DIAAF) is pleased to announce a well-respected firm, TSC, has upgraded their equity rating on DIAAF. This strong upgrade comes at a time when the Company has secured distribution rights of their non-PVC food wrap within the U.S.A., Canada, Mexico, Bahamas, the Territory of People's Republic of China, and now South Korea. TSC's upgrade is also due in part to China's ban of PVC plastic wrappers. This ban opens the door to a surge in sales of Diamant's non-PVC food wrappers and their new oxo-biodegradable pallet wraps.

TSC is noted for their work with account executives, analysts, portfolio managers, institutions, venture capital investors, individual investors and the media.

To view the entire independent research report, please click on the attached URL: http://www.otclive.com

Mr. Stefan Gudmundsson, CEO of Diamant Film, Inc. states, "We are honored to have a quality independent research firm review our overall operations, progress and to provide the resulting upgrade in our equity. This provides further confirmation to our shareholders that our company is headed in the right direction." Mr. Gudmundsson further stated, "We anticipate a surge in global sales in 2006. Over the last year, we have signed distribution rights of our non-PVC plastic wrappers through out the world. We have also introduced a new oxo-biodegradable pallet wrapper, which degrades into biomass the natural ingredients in the Earth's soil. With the recent ban of imported and exported PVC plastic wrappers by the Territory of the People's Republic of China, we anticipate strong demand of our products from Asia's population of 1.3 billion people. We are especially confident based on our recent distribution rights with the country."

About Diamant Art Corporation

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(M) Program. The Environmental Choice(M) 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.

Forward-Looking Statements:

This press release contains forward-looking statements. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. There are a number of factors that could cause actual results and developments to differ materially.

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