Diamant Art Corporation Welcomes Retired Atlantic Fleet Vice Admiral to New Advisory Board


TORONTO, March 9, 2005 (PRIMEZONE) -- Diamant Art Corporation (OTCBB:DIAAF) is pleased to announce that it has formed an Advisory Board to further enhance its operations with respect to its wholly owned subsidiary, Diamant Film Inc. (www.diamantfilm.com). The company is also pleased to have Mr. Henry C. Giffin, III, Senior Advisor for Presidential Holdings Inc., as its first advisor on this Advisory Board.

Mr. Giffin is former Vice Admiral, U.S. Navy, Commander, Naval Surface Force, U.S. Atlantic Fleet. Mr. Giffin is currently Senior Strategic Consultant with Presidential Holdings, Inc. For a complete outline of Mr. Giffin's accomplishments as well as other advisors of Presidential Holdings please visit (www.presidentialholdings.com).

Diamant Film Inc. (www.diamantfilm.com) CEO Stefan Gudmundsson states, "I am very pleased to have someone of Mr. Giffin's Naval background, experience and proven track record of business accomplishments with the military to assist Diamant Film in its future North American sales and distribution initiatives through our newly formed Advisory Board. We anticipate that he is the first of many such high-profile individuals to assist the company in this capacity."

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 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.

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.


            

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