TORONTO, July 28, 2005 (PRIMEZONE) -- Diamant Art Corporation (OTCBB:DIAAF) is pleased to announce that, through its wholly owned subsidiary, Diamant Film Inc. (www.diamantfilm.com), and with the assistance of Presidential Holdings, Inc. (www.presidentialholdings.com) and advisory board member Mr. Henry C. Giffin, former Vice Admiral, U.S. Navy, it has completed initial discussions with the U.S. military and established the criteria and steps for proceeding, to include Diamant(TM) film in the U.S. military's approved products list for purchase by the U.S. Army, Navy, Marines and other military services.
Diamant Film Inc. CEO Stefan Gudmundsson commented, "We are very pleased to be working with Presidential Holdings and Mr. Giffin, former Vice Admiral, U.S. Navy, and to have established the requirements for including Diamant(TM) film in the U.S. military's Federal Product List. We feel that these requirements can be met expeditiously with the guidance and assistance of Presidential Holdings and Mr. Giffin."
About Diamant Art Corporation
Diamant Art 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, Mexico and the Bahamas 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 film has successfully met the criteria for both the environmental and performance standards.
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