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Tuesday, 02/03/2004 9:29:36 AM

Tuesday, February 03, 2004 9:29:36 AM

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Circle Group Holdings CEO Greg Halpern to Receive The National Small Public Company Leadership Award

PR Newswire - February 03, 2004 09:23

MUNDELEIN, Ill., Feb 03, 2004 /PRNewswire-FirstCall via Comtex/ -- The National Small Public Company Leadership Council announced today that it has awarded its Small Public Company Award for Leadership in Industry to Greg Halpern, CEO of Circle Group Holdings, Inc. (OTC Bulletin Board: CRGQ)(www.crgq.com).

The award will be presented in Washington D.C. in April, by Congressman Rick Renzi (R - Arizona), after a meeting with key Members of Congress and a private meeting at The White House. When asked to comment on the award, Mr. Halpern said, "I will accept the award as a symbol of the tremendous effort put forth by all my fellow men and women small business professionals that make up the majority of the work force, taxable revenue and innovation in America. Thanks to these hard working Americans, we all have a future that's worth working towards. It is great to see our leadership in America finally recognizing the contributions that small businesses make, and creating legislation that will allow them to flourish in the future."

About The National Small Public Company Leadership Council

The National Small Public Company Leadership Council is a Washington, D.C. based group seeking to educate the White House, U.S. Congress and Federal Agencies about the economic contribution of small publicly held companies.

About Circle Group Holdings, Inc.

Circle Group 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. Circle Group's subsidiary, FiberGel Technologies, Inc. is the maker of Z-Trim. Z-Trim is a patented, zero calorie, multi-functional, fiber food ingredient from corn that lowers calories and fat in most foods without affecting taste or texture. For more information about FiberGel Technologies, visit http://ztrim.com. All Company press releases are available at www.crgq.com/HTML/breakingNews.html.

About ASBA

Advanced Small Business Alliance (ASBA) is a 501(c)6 organization (http://www.advancedsmallbusiness.org) created for the purpose of supporting small business entrepreneurship in America. Small businesses are the primary creators of new technology, products and services that create jobs and drive our economy. ASBA provides organized representation in industry and government and seeks better conditions for all small business in the areas of capital formation, insurance, and taxation. The organization is managed by Greg Halpern who has testified before congress on the need to improve the conditions for the 21 million small business professionals who are the reason why America is the most prosperous nation on earth. Mr. Halpern's testimony is available at http://www.advancedsmallbusiness.org/testofGreg.html and some of his reform efforts can be seen at http://www.parkandhalpern.com Mr. Halpern has also been instrumental in policy changes through participation at the SEC's Small Business Capital Formation Conference, abolition of the BBX, Sarbanes-Oxley implementation issues affecting small business, and the enactment of Regulation SHO (Naked Short Sellers) Rule.

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.

SOURCE Circle Group Holdings, Inc.

Steve Cohen of Circle Group Holdings, Inc., +1-847-549-6002

http://www.prnewswire.com

Copyright (C) 2004 PR Newswire. All rights reserved.