ONTARIO, Nov. 23, 2004 (PRIMEZONE) -- ART International Corporation (OTCBB:ARIOF) announces that pursuant to an Annual and Special Shareholders Meeting held on November 19, 2004, the name change to Diamant Art Corporation has been approved and ART International will be filing articles of amendment to effect the new name. ART International has also applied for a new cusip number and symbol which it anticipates will be completed within the next ten business days. Upon the completion of regulatory filings , news media releases will be issued under the new name of the company, Diamant Art Corporation.
Diamant Film Inc. CEO Stefan Gudmundsson states, "The name change to Diamant Art Corporation is the next step towards corporate and market visibility as the premiere non-PVC food stretch film for the U.S., Canada and Mexico and branding awareness of the name Diamant (tm)."
About ART International Corporation
ART International Corporation, through its wholly owned subsidiary Diamant Film Inc., has secured a ten-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 investor relations for Art International, David Zazoff at (800) 596-8388 or (212) 505-5976 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.