Circle Group Holdings Inc (CXN)

[2bStealthy]

FiberGel Technologies Signs Agreement With Nestle To Supply Z-Trim Zero Calorie Fat Substitute
Thursday January 15, 9:05 am ET

MUNDELEIN, Ill., Jan. 15 /PRNewswire-FirstCall/ -- Circle Group Holdings, Inc. (OTC Bulletin Board: CRGQ - News) announced today that FiberGel Technologies, Inc., its subsidiary, has signed an agreement with Nestle to supply its Z-Trim zero calorie fat substitute on a long term basis. In comparison tests between products made with and without Z-Trim, tasters could not tell the difference between the products containing Z-Trim and their full-fat counterparts.

About Fiber Gel Technologies

Fiber Gel owns the worldwide rights to Z-Trim for all fields of use. Invented at the United States Department of Agriculture (USDA), Z-Trim is a patented, zero calorie, multi-functional, fiber food ingredient that lowers calories and fat in cheese, baked goods, processed meats, dressings, confectionery products and a wide range of other prepared foods without affecting taste or texture. Well received by a number of major domestic and foreign food manufacturers, Z-Trim is a vital mainstream component for making healthier foods that respond to the global obesity epidemic and associated health issues. For more information about FiberGel Technologies, visit http://ztrim.com.

About Circle Group Holdings, Inc.

Circle Group Holdings, Inc. (OTC Bulletin Board: CRGQ; www.crgq.com), is a pioneer of emerging technology companies. The Company provides small business infrastructure, funding and substantial intellectual capital to bring important and timely life-changing technologies to market through all early phases of the commercialization process.

Company press releases are available on the Company's web site at www.crgq.com/HTML/breakingNews.html

Forward-Looking Statements

Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as "believes" "anticipates" "plans" or "expects" and other statements which are not historical facts contained in this release are forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Consequently, actual results could differ materially from the expectations expressed in these forward-looking statements. Reference is made to the Company's filings with the Securities and Exchange Commission for a more complete discussion of such risks and uncertainties.

http://biz.yahoo.com/prnews/040115/nyth062_1.html