Circle Group's Subsidiary Receives Increased Order From Nestle for Z-Trim Zero Calorie Fat Substitute
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 December 2004. 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 . 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: firstname.lastname@example.org
SOURCE Circle Group Holdings, Inc.
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