Diamant Film Inc. Completes its First Cutter Box Packaging of Diamant(TM) Film and Prepares to Ship First Substantial Commercial Order to Victory Packaging TORONTO, May 17 /PRNewswire-FirstCall/ -- Diamant Art Corporation (OTCBB:DIAAF), is pleased to announce that Astron Bulk Packaging Limited (http://www.astronpackaging.com/) has completed the packaging of Diamant(TM) film into our newly designed cutter boxes for Diamant Film Inc., (http://www.diamantfilm.com/) the wholly owned subsidiary of Diamant Art Corporation. As a result, Diamant Film Inc. is now prepared to ship its first substantial commercial order to Victory Packaging (http://www.victorypackaging.com/), as part of their five year distribution agreement for North America which commits Victory Packaging to purchasing approximately 135 million feet of Diamant(TM) film in the first year and approximately 4.2 billion feet in total. Diamant Film Inc. CEO Stefan Gudmundsson commented, "We are extremely pleased to be in a position to fulfill our first substantial commercial order, but more importantly, the completion of this product processing will allow the Company to generate its first significant revenues. We look forward to continuing the order flow with Victory Packaging as well as several other customers in the weeks and months to follow. For a glimpse into the packaging process, please visit our newly designed website at http://www.diamantfilm.com/". 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(TM) film has successfully met the criteria for both the environmental and performance standards. Safe Harbor 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. DATASOURCE: Diamant Art Corporation CONTACT: Company Contact: Stefan Gudmundsson, CEO and President, (905) 752-0220, http://www.diamantfilm.com/; Media Contact: Enrique Salinas, The Catalyst Group, Inc, (727) 796-2555,

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