SOURCE: Diamant Art Corporation

December 19, 2006 09:00 ET

Diamant Art Corporation Sells 22 Million Feet of Its Biodegradable "Pallet Film" to Sigma Supply, Inc.

TORONTO -- (MARKET WIRE) -- December 19, 2006 -- Diamant Art Corporation (OTCBB: DIAAF) is pleased to announce today that through its wholly owned subsidiary, Bio-Plastics Film Inc., they have sold to Sigma Supply, Inc. ( a first order in excess of 22 million feet of its oxo-biodegradable pallet wrap using Totally Degradable Plastic Additive (TDPA) Oxo-Biodegradable Technology. TDPA®-based plastic products will degrade and ultimately biodegrade. Once biodegrading is complete, all that remains is carbon dioxide, water and biomass, all of which are part of the normal bio-cycle.

Diamant's "Bio-Pallet Film" is the ideal product for wrapping pallets in the most environmentally friendly way possible. As such, Sigma Supply, a nationwide provider of the finest quality packaging equipment and supplies since 1970, has committed to purchasing this environmentally friendly packaging solution for its existing product line. Sigma Supply, with offices throughout the United States, offers a wide variety of supplies ranging from stretch film to packaging equipment, adhesives to corrugated boxes, facility supplies to packaging material, and more.

Diamant is very pleased with this initial order from Sigma Supply. This development comes after Diamant announced its decision to pursue the North American market with this new biodegradable pallet wrap product line as publicized in a prior news release by Diamant.

Diamant believes this reflects that the future of packaging is with biodegradable packaging products such as those provided by Diamant's Bio-Plastics division.

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