MUNDELEIN, Ill., Aug. 4 /PRNewswire-FirstCall/ -- FiberGel Technologies, a subsidiary of Circle Group Holdings (AMEX:CXN), announced today that their zero calorie fat replacement ingredient, Z-Trim, is now being used by a food company in the Philippines that specializes in salad dressings. "This company has been working for several months on different recipes with Z-Trim," said Rick Harris, VP of sales and marketing. "They will now offer a healthier lower fat salad dressing to their customers." 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, Z-Trim is protected by three issued U.S. and International patents with more than 50 additional patents pending. Currently made from corn, non-GMO oat and soy, Z-Trim is a major breakthrough in the war on obesity that gives consumers the ability to lose weight without giving up the foods they love and eat more of what they want without fear of weight gain. For more information about FiberGel Technologies, visit http://ztrim.com/ . About Circle Group Holdings, Inc. Circle Group Holdings, Inc. ( 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 http://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: DATASOURCE: Circle Group Holdings, Inc. CONTACT: Steve Cohen of Circle Group Holdings, Inc., +1-847-549-6002, Web site: http://ztrim.com/ http://www.thesoydailyclub.com/Research/ars2132002.asp http://www.crgq.com/HTML/breakingNews.html http://www.crgq.com/

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