Yahoo!Search - Finance Home - Yahoo! - Help
PR

Welcome [Sign In] To track stocks & more, Register
Financial News
Enter symbol(s)   Symbol Lookup
    $7 TRADES!

Press ReleaseSource: Circle Group Holdings, Inc.

Fiber Gel Technologies Partners With Yamax Pedometers
Thursday September 4, 7:01 am ET

MUNDELEIN, Ill., Sept. 4 /PRNewswire-FirstCall/ -- Fiber Gel Technologies, Inc. (a wholly owned subsidiary of Circle Group Holdings, Inc.) (OTC Bulletin Board: CRGQ - News) announced today that it had formed a strategic alliance with YAMAX Manufacturing, one of the world's leading manufacturers of pedometers and walking accessories, to market Yamax products as complements to Fiber Gel's Ztrim fat replacer.

"Pedometers are rapidly becoming integral parts of weight loss programs and are now being touted by the U.S. Secretary of Health and Human Services," said Gregory J. Halpern, CEO of Circle Group Holdings, Fiber Gel's parent company. In the September 2003 New England Journal of Medicine's newsletter, HealthNews, the editors suggest that if a person wants to live longer - they should consider using a pedometer to increase physical activity. This, combined with a diet rich in high-fiber, zero-calorie Ztrim, could have a major impact on the growing obesity epidemic," Halpern said. "Yamax's pedometer power program will be the first of many synergistic 'healthy weight loss' products we plan to incorporate into the interactive nutrition website we recently acquired from the University of Illinois."

U.S. Secretary of Health and Human Services, Tommy Thompson, who used a pedometer as part of his recent 15-pound weight loss campaign, is becoming a role model for walkers. The Secretary has begun a national campaign to get Americans to log an extra 2,000 steps in their daily schedule and to go on a diet.

"We have a number of studies published in peer-reviewed medical journals supporting the superior accuracy, precision and durability our units have when compared to other units being marketed," said Gary Tschirhart of Yamax USA. "Additionally, two recent studies presented at this year's meeting of the American Diabetic Association confirmed our findings that wearing a pedometer and tracking daily steps increases physical activity levels with powerful health benefits to both diabetics and non-diabetics. Another study conducted at the University of Southern Maine found that recording steps led to a whopping 24% increase in physical activity. These benefits, plus diets which include Ztrim enriched foods, have the potential to create a very powerful health and weight control program" added Tschirhart.

Yamax's unit comes with a supporting handy checkbook-style guide providing users with the charts and forms to record and track their daily steps. It also includes innovative charts for quickly estimating fat and calorie content.

About Fiber Gel Technologies

Fiber Gel owns the worldwide rights to Z-Trim for all fields of use. Licensed from the United States Department of Agriculture (USDA) Z-Trim is a patented, zero calorie, multi-functional, fiber food ingredient that lowers calories in most foods without affecting taste or texture.

For more information about Fiber Gel Technologies, visit https://ztrim.com/.

About Circle Group Holdings, Inc.

Circle Group Holdings, Inc. (OTC Bulletin Board: CRGQ; 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
     Voice: 847-549-6002
     Email: [email protected]



Source: Circle Group Holdings, Inc.

Email this story - Set a News Alert

Related Quote
chart
CRGQ.OB2.45-0.04News
View Detailed Quote
Delayed 20 mins
Quote data provided by Reuters
Related News Stories
·Circle Group's "Brave Way Training Systems" Signs Agreement With Tapeworm Video Distributors - Market Wire (Tue Sep 2)
·Fiber Gel Technologies Joins 'Feed The Students' Campaign - PR Newswire (Fri Aug 29)
·Circle Group Holdings, Inc. Reports Second Quarter 2003 Financial Results - PR Newswire (Fri Aug 15)
·CIRCLE GROUP HOLDINGS INC Files SEC form 10QSB, Quarterly Report - EDGAR Online (Thu Aug 14)
More...

·By industry: Banking, Computers
Top Stories
·Jobless Claims Rise, Productivity Strong - Reuters (10:00 am)
·Productivity Surges in Second Quarter - Reuters (9:09 am)
·Stocks Open Flat After Jobs Data - Reuters (9:37 am)
·Back-To-School Opens Strong for Retailers - Reuters (9:00 am)
More...

·Most-emailed articles
·Most-viewed articles


Copyright © 2003 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright Policy - Ad Feedback
Copyright © 2003 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.