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Diamond Entertainment Corporation Featured as of Dec. 3, 2001 in a Special Situation Profile At www.WallstreetCorner.com.


Business Editors

WALNUT, Calif.--(BUSINESS WIRE)--Dec. 4, 2001

Diamond Entertainment Corporation, dba e-DMEC, (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:DMEC DMEC Developed Market-Economy Countries (United Nations Conference on Trade and Development)
DMEC Dry Mateable Electric Connection
) has been featured as of 12/3/2001 in a Special Situation Profile at www.WallstreetCorner.com.

In it, the editors refer to Diamond as "An Explosive Turnaround Situation."

The profile cites among other items, Diamond's reputation of good service to customers, recent restructuring, and new strategic alliances; and summarizes Diamond Entertainment as "...Uniquely Positioned: Explosive Potential."

Diamond markets & sells videocassette A removable magnetic tape module for storing video data. The cassette contains supply and takeup reel (hubs) in the same housing. See VCR.  and DVD DVD: see digital versatile disc.
DVD
 in full digital video disc or digital versatile disc

Type of optical disc. The DVD represents the second generation of compact-disc (CD) technology.
 (Digital Video Disc See DVD.

Digital Video Disc - Digital Versatile Disc
) titles to the budget home video & DVD markets through national & regional mass merchandisers, department stores This is a list of department stores. In the case of department store groups the location of the flagship store is given. This list does not include large specialist stores, which sometimes resemble department stores. , drug stores, supermarkets, and other similar retail outlets. Diamond's other product and services include sundry and general merchandise and contract Replication & Duplication Services.

This news announcement contains certain forward-looking statements and information relating to relating to relate prepconcernant

relating to relate prepbezüglich +gen, mit Bezug auf +acc 
 the Company that are based on the beliefs of the Company or management as well as assumptions made by and information currently available to the Company or management. When used in this news announcement, the words "anticipate," "believe," "expect," "estimate" and "intend" and similar expressions, as they relate to the Company or its management, are intended to identify forward-looking statements. Such statements reflect the current view of the Company regarding future events and are subject to certain risks, uncertainties and assumptions, including the risks and uncertainties in this announcement and in the Company's Forms 10-KSB for the year ended March 31, 2001, filed June 29, 2001, Form 10-QSB for the quarters ended September 30, 2001, June 30, 2001, December 30, 2000 and September 30, 2000, and other filings with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected or intended. In each instance, forward-looking information should be considered in light of the accompanying meaningful cautionary statements herein noted or in its SEC filings.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 4, 2001
Words:320
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