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FiberGel Technologies Signs Agreement With Nestle To Supply Z-Trim Zero Calorie Fat Substitute

MUNDELEIN, Ill., Jan. 15 /PRNewswire-FirstCall/ -- Circle Group Holdings,Inc. (OTC Bulletin Board: CRGQ) 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

About Circle Group Holdings, Inc.
Circle Group Holdings, Inc. (OTC Bulletin Board: CRGQ;, 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.

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.

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