Circle Group Holdings Inc (CXN)

[HotrodHans]

Circle Group Holdings Introduces A New Version Of Z-Trim(TM) Made From Non-GMO Wheat


MUNDELEIN, Ill., Dec. 10 /PRNewswire-FirstCall/ -- Circle Group Holdings,
Inc. (Amex: CXN) announced today that its FiberGel Technologies, Inc.
subsidiary has produced a new version of its Z-Trim zero calorie fat
replacement and dietary fiber supplement from Non-GMO (Genetically Modified
Organisms) Wheat. The Company expects that the Non-GMO status will create
additional interest among leading food companies who offer products in this
area.
"The Non-GMO Wheat Z-Trim has been developed specifically for major food
company customers of DKSH, our European distribution partner, in response to
successful test results with original Z-Trim," said Gregory J. Halpern, CEO of
Circle Group. "The European food companies present a significant business
opportunity for us and this milestone is critical to our efforts to penetrate
those markets.
DKSH Group has developed marketing plans for distributing Z-Trim products
throughout Europe and Asia. The plan for 2004 included the development of
customer contacts, the introduction of samples, pilot tests, product trials,
and initial production orders for customers in the different geographic target
areas. The product cycle will roll into 2005 with different stages of
development for the various customers and target areas with projected
increased customer order quantities.
"Our new state-of-the-art plant and product are going to be certified as
Non-GMO by Genetic ID, in addition to inspection and certification by The
American Institute of Baking as to ISO 9000 quality. Routine plant and product
kosher certification will also be made by the Orthodox Union," stated Triveni
P. Shukla, Ph.D., Vice President, and Technology Development for FiberGel. "We
have an isolated production line for Non-GMO Z-Trim products. Additional Z-
Trim products scheduled for production from soy hull and oat bran will
position FiberGel Technologies, Inc. well to serve its customers with specific
health claim requirements."

About FiberGel Technologies, Inc.
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, Z-Trim(TM) is a patented, zero calorie,
multi-functional, fiber food ingredient from corn or wheat that lowers
carbohydrates, calories and fats in most foods without affecting taste or
texture. For more information about FiberGel Technologies, visit
http://ztrim.com or to order Z-Trim contact your grocer or on-line
at http://www.ztrim.com/retailline.asp .

About Circle Group Holdings, Inc.
Circle Group Holdings http://crgq.com is a pioneer of emerging
technologies. Focusing on two increasingly vital business sectors - health and
security, 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. Current Circle Group products have the potential to change the food
industry and provide solutions to some of the challenges facing the country's
Homeland Security Department. The company has exclusive rights to market major
technological breakthroughs invented by noted scientists at the U.S.
Department of Agriculture and the Department of Energy's Brookhaven National
Laboratory - Z-Trim, Mini-Raman Lidar, ThraxVac and Z-Bind (a byproduct of
Z-Trim developed at FiberGel by Dr. Shukla). All Company press releases are
available at http://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: Steve Cohen
Voice: 847-549-6002
Email: [e-mail]



SOURCE Circle Group Holdings, Inc.
Web Site: http://www.crgq.com