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Wednesday, 02/25/2004 8:36:27 PM

Wednesday, February 25, 2004 8:36:27 PM

Post# of 204
This some more exciting news.

FiberGel Technologies Announces That Eastern Illinois University's Consumer Science Department Will Conduct On-Going Z-Trim Products Research
Wednesday February 25, 10:00 am ET


MUNDELEIN, Ill., Feb. 25 /PRNewswire-FirstCall/ -- FiberGel Technologies, a subsidiary of Circle Group Holdings, Inc. (OTC Bulletin Board: CRGQ - News) reported today that the Family and Consumer Sciences Department of Eastern Illinois University will conduct ongoing food studies to measure consumer acceptance of Z-Trim for its sensory characteristics and as a fat substitute in various formulations.
"The ongoing program will provide positive clinical data for Z-Trim in many additional product applications for home use as well as for major food company brands," said Greg Halpern, Chief Executive Officer of Circle Group Holdings. "We believe these studies will play an important role in validating the demand for Z-Trim, and will play an important role as we accelerate our marketing activities and relationships with leading food companies. In addition to Z-Trim's ability to lower calories without changing taste or texture, we are confident this data will continue to show that Z-Trim is far superior to other products which replace or substitute fat."

Z-Trim is a revolutionary all-natural, zero calorie fat replacement invented at the United States Department of Agriculture (USDA). It reduces calories and increases healthy insoluble fiber in a variety of products, including cheese, baked goods, processed meats, dressings, confectionery and a wide range of other prepared foods. Z-Trim has been well received by consumers as well as a number of major domestic and foreign food manufacturers as a vital mainstream ingredient for making healthier foods with fewer calories that don't sacrifice taste or texture. Z-Trim Starter and Deluxe starter packs, and Z-Trim refills are available for sale at http://ztrim.com . The Starter Packs contain Z-Trim, an instructional Z-Trim DVD and a Z-Trim cookbook.

About FiberGel Technologies

FiberGel owns the worldwide rights to Z-Trim for all fields of use. Invented over many years by Outstanding Senior Research Scientist Dr. George Inglett ( http://www.thesoydailyclub.com/Research/ars2132002.asp ) at the United States Department of Agriculture (USDA), 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 .

About Circle Group Holdings, Inc.

Circle Group Holdings, Inc. (OTC Bulletin Board: CRGQ - News) ( 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. All Company press releases are available 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.

Contact: Greg Halpern
Voice: 847-549-6002
Email: greg@crgq.com