SOURCE: Diamant Art Corporation

December 28, 2009 09:00 ET

Diamant Art Corporation Updates Shareholders and Announces Strategy for 2010

TORONTO--(Marketwire - December 28, 2009) - Diamant Art Corporation (PINKSHEETS: DIAAF) announces that through its wholly owned subsidiary, DIAMANT FILM INC., the Company has supplied and delivered over 10 million feet of food wrap in 2009.

During 2009, Diamant Art Corporation had announced that through its wholly owned subsidiary, Bio-Plastics Film Inc., the Company had achieved the official Non-Objection status to its food cling film products, through the Canadian Food Inspection Agency. This designation certifies that Diamant's cling film has been found safe to be utilized in food applications.

However successful this year's further testing had resulted, due to the strain in the economy and the variable in currency values, it has become increasingly evident that it's in the Company's best interest that it expand its line of environmentally friendly products, in light of the overwhelming support that Green technology has been receiving in the various industries.

The Company is now reviewing a spectrum of environmentally friendly products to add to its line. The concept being that it would yield much more profitability for the Company and its shareholders if it was prepared to cross market its products to its client base, making it possible to duplicate its revenues through the ability to significantly increase its order sizes.

The Company would like to extend appreciation to its loyal shareholders for their continued support, as the Company enters into an exciting new phase in this New Year.

Diamant Art Corporation (DIAAF), through its wholly owned subsidiary Diamant Film Inc. (, is the world's first plasticizer-free and the first food wrap film that is environmentally friendly and recyclable. Diamant™ Film has 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 Bio-Plastics Film Inc. another Diamant Art Corporation's wholly owned subsidiary the Bio-Product branch distribute 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.

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 or contact Investor Relations: Gibraltan Financial, (407) 830-9777

Contact Information

  • Contact Investor Relations:
    Gibraltan Financial
    (407) 830-9777