SOURCE: Diamant Art Corporation

May 15, 2008 10:19 ET

Diamant Corporation Announces Further Revealing of the Robust Functionality of the Additive With an Outline of Positive Findings, Impact on Recycling Systems and Composting Conclusions, as Featured on FoodProductionDaily.Com

TORONTO--(Marketwire - May 15, 2008) - Diamant Art Corporation (OTCBB: DIAAF) through its wholly owned subsidiary Diamant Film Inc. (www.diamantfilm.com) and Bio-Plastics Film Inc. is pleased to announce that they have been featured on FoodProductionDaily.Com (http://www.foodproductiondaily.com/news-by-product/news.asp?id=85176&idCat=109&k=Diamant--PET-biodegradable). Further insight into the functionality, production, and degradability specifications have been disclosed for the consideration of investors, and potential clients. The following are pertinent details that have been published in the review:

Positive Findings: "We have had tested the 2% additive in numerous types of polyolefin based polymers. The bio-degradation phase has been scientifically proven to occur by reputable polymer scientists; however, the exact period for the bio-degradation to occur cannot be defined precisely," said Diamant's spokesperson.

The company claims that its proprietary additive, though it acts as a catalyst to promote degradation, will not compromise performance while the material is used as a package:

"The material will initially 'oxo-degrade,' break down in the presence of air (oxygen). The major triggers for this degradation will be direct/indirect UV Light, thermal heat and to a lesser extent mechanical stress or pressure," according to the company's website.

Impact on recycling systems: According to the company, oxo-biodegradable products, because they are based on conventional plastics, are compatible and will not disrupt the existing collection programs and recycle waste product streams, as was shown in recent studies:

"Following extensive testing in Scandinavia with one of the major plastics recycling operations, it was determined that the polyolefin materials which contain our degradable (iron-based additive) may be safely recycled with little 'follow on effect' in the resultant recycled polymer," according to the company's website.

Industry expert and former President of the Oxo-Biodegradable Plastics Institute (OPI), Dr. Lee Doty, told FoodProductionDaily.Com: "Oxo-biodegradable products have physical properties virtually identical to conventional plastics and are also considerably less expensive than their hydro-biodegradable (starch-based) counterparts, often by a factor of 2-3 times or more."

Plastic manufacturers have also successfully applied Oxo-biodegradable such as Diamant's technology to bread bags, T shirt shopping bags, frozen food, stretch pallet wrap, fresh produce bags and meat trays.

Currently under performance testing is a revolutionary bottling additive, a proprietary material that is blended into polyethylene terephthalate material (PET), which additional to its degrading / biodegrading qualities has the capability of allowing the material to retain its exceptional glass-like clarity, gloss and extended barrier protection. PET bottles and containers infused with this can now be used to package a range of shelf-stable products, including salsas, pasta and barbecue sauces, tomato ketchups, similar steak and table hot sauces, jams, jellies, juices, and bottled beverages such as sodas and water.

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 the biodegrading process is complete, all that will remain is carbon dioxide, water, non toxic mineral salts and biomass, all of which will become 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 "Renutra" 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 Information

  • Contact:
    For more information visit our FILM division website of Diamant Art
    Corporation at:
    http://www.diamantfilm.com
    or
    Investor Relations:
    Gibraltan Financial
    (407) 834-9777