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Diamant Art Corporation Enters SINGAPORE's Food Wrap Market
Diamant Art Corporation (OTCBB: DIAAF) is pleased to announce today that, through its wholly owned subsidiary, Diamant Film Inc., it has secured an agreement with Diamant Plastics Corporation for the exclusive marketing and distribution rights to the REPUBLIC OF SINGAPORE for Diamant stretch film, a non-PVC food wrap. Diamant Art Corporation has already secured the rights to the U.S.A., Canada, Mexico, Bahamas, the Territory of People's Republic of China, South Korea, and Thailand and now the addition of SINGAPORE gives the Company exclusive marketing and distribution rights for Diamant stretch film to a greater Asian market and a $700 million North American market.

Diamant stretch film is an excellent alternative to PVC film as it does not allow for the migration of harmful agents between the film and the food. Currently, other stretch film food wrap products contain PolyVinylChloride (PVC), a compound found to be harmful for human consumption and to the environment. In North America, legislation is being considered to limit the use of PVC products. The State of New York has already introduced restrictions on the use of PVC in the food wrap industry. The Company believes they possess the only economically viable polystyrene alternative to PVC stretch film for the North American food wrap industry.

Diamant stretch film has been approved by the Canadian Health Protection Branch for food contact and qualifies for the United States Food and Drug Administration non-objection status.