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Press ReleaseSource: Circle Group Holdings, Inc.

Fiber Gel Technologies Joins 'Feed The Students' Campaign
Friday August 29, 7:00 am ET

MUNDELEIN, Ill., Aug. 29 /PRNewswire/ -- Fiber Gel Technologies, Inc. (a wholly owned subsidiary of Circle Group Holdings, Inc.) (OTC Bulletin Board: CRGQ - News) has joined the campaign to help feed latch key kids. Created by Father George Clements, and his organization "One Church-One Family", in partnership with McDonalds Corporation, and Fiber Gel Technologies, is taking on the responsibility of providing healthy meals to our latch key kids in churches all across the nation.

"We are a Family of people here in America -- 'One Family One America,'" said Father George Clements, Founder of One Church-One Family and the Feed the Students Campaign. "This family is composed of men, women and children. At this moment our Family is busily preparing to send all of our kids back to school -- back to school with back packs, textbooks, pens, pencils, notebooks, crayons and rulers, but what about food? Unfortunately, too many of our children will return home from school to do their homework on an empty stomach -- our latch key kids. How can those children do their homework on an empty stomach?"

"Father Clements is a true humanitarian and his programs are essential to the future of many of America's young people," said Gregory Halpern - CEO of Fiber Gel Technologies, Inc. "As a socially responsible firm, we always look forward to participating in worthwhile initiatives in our own country. At the same time, it also gives us the opportunity to expand our relationship with established food industry companies like McDonalds who have a history of helping out in the community, as well as a current initiative of providing healthier solutions. We look forward to including our Ztrim technology in the quest to achieve these goals," Mr. Halpern added.

About Fiber-Gel Technologies, Inc.

On August 27, 2002, the Circle Group Holdings, Inc. acquired Fiber Gel, which was previously a wholly owned subsidiary of UTEK Corporation ("UTEK"). Fiber Gel owns the exclusive, worldwide license for all fields of use to Z-Trim, an all-natural, corn-based fat replacement developed by the Agricultural Research Service of the United States Department of Agriculture ("USDA"). Z-Trim can be used to decrease fat and calories and increase insoluble healthy fiber in foods. The target markets for Z-Trim include: dairy (cheeses, dips, spreads) baked goods & confectionary (breads, cookies, candies, cakes, pies), cereals, pasta, snack foods (chips, crackers, energy bars), meats (burgers, lunch meats, deli meats, sausages, hot dogs), beverages (energy drinks, shakes, beers, weight-loss drinks), face and hand lotions.

Fiber Gel has received over 130 inquiries since September 2002 relating to the manufacture, food processing, distribution, licensing and sale of Fiber Gel's primary product, Z-Trim, which the Company has the right to produce pursuant to an exclusive license from the USDA. Fiber Gel began sample production in April 2003 of Z-Trim and has entered into mutual non-disclosure agreements, sample agreements and discussions with several of the world's largest food companies and fast food chains to pursue opportunities for Z-Trim. For more information about Fiber Gel Technologies, Inc., visit https://ztrim.com/

About Father Clements, and One Church-One Family Initiatives

For 42 years Father George Clements has been a powerful and engaging voice in the effort to enroll people of all backgrounds to become involved in resolving some of America's most immediate social concerns. Millions are aware of Father Clements through many media appearances, and his One Church-One Child, One Church-One Addict, and One Church-One Inmate Initiatives. His movie, The Father Clements story, starring Lou Gosset, Jr. is now on video and still broadcasts across the country. His commitment to community has resulted in three national initiatives; One Church-One Church Child, One Church-One Inmate and his most challenging focus, One Church-One Addict, One Church-one Addict, Inc. (OCOA) is a national 501(c)3 organization that mobilizes and equips faith communities to assist recovering addicts from relapsing into substance abuse. "Faith Communities" are inclusive of churches, temples, synagogues, and mosques. One Church-One Addict is not involved in proselytizing in any form or fashion. Father George Clements founded OCOA in 1994 at the White House. It is the "spiritual" descendant of the One Church- One Child project that facilitated the adoption of over 100,000 children. OCOA also implements One Church-One Inmate programs nationwide

About Circle Group Holdings, Inc.

Circle Group Holdings, Inc. (OTC Bulletin Board: CRGQ - News; www.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. This press release and prior releases are available on the Company's web site 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: Greg Halpern
     Company: Circle Group Holdings
     Voice: 847-549-6002
     Email: [email protected]



Source: Circle Group Holdings, Inc.

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