MUNDELEIN, Ill., May 13 /PRNewswire-FirstCall/ -- Circle Group Holdings,
Inc. (Amex: CXN) today announced today that its subsidiary, FiberGel
Technologies, Inc. has received an increased purchase order from Nestle for
its Z-Trim zero calorie fat substitute. Valued at $881,000, the order is for
215,000 pounds of Z-Trim with deliveries beginning in May and continuing until
Z-Trim is a patented revolutionary all-natural, zero calorie fat
replacement that 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. It has been
well received by consumers as well as a number of major domestic and foreign
food manufacturers as a mainstream ingredient for making healthier foods with
fewer calories that don't sacrifice taste or texture. FiberGel owns the
worldwide rights to Z-Trim for all fields of use, which was 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). For more information about FiberGel
Technologies, visit http://ztrim.com .
About Circle Group Holdings, Inc.
Circle Group Holdings, Inc. (Amex: CXN) ( http://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 .
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
SOURCE Circle Group Holdings, Inc.