Circle Group Holdings, Inc. (OTC Bulletin Board: CRGQ) reported today that the University of Illinois will create a Palm OS version of its Nutritional Analysis Tools ("NATS") web site in order to make its nutritional analysis information available to the growing number of Palm and other handheld device users, which is expected to surpass twenty-four million in the U.S. alone by 2005.

Assistant Professor Dr. James Painter, co-developer of the original NATS site, will oversee the project. Circle Group Holdings, Inc. owns the worldwide rights for all fields of use to the Nutritional Analysis Tools website. Developed by Dr. James Painter at University of Illinois Urbana Champaign, NATS is a software and database system providing users from more than 90 countries the ability to monitor their dietary intake and fitness activities in a private convenient and effective manner. The NATS web site, NATS , currently gets up to two million hits a month from health and nutrition seekers in ninety-two countries.

"NATS provides one of the world's best free nutritional analysis tools to help consumers analyze and improve their diets, health, and fitness," said Greg Halpern, CEO of Circle Group Holdings. "Using USDA guidelines, and product information provided by most of the world's major food companies, NATS will soon provide a Palm OS hand held version for millions of users worldwide who want to keep track of their calories, fats, and overall nutritional intake and expenditures while on the go. With today's fast paced lifestyles, we feel this could become the nutritional software of choice, and allow us to connect consumers globally with our roll out of Z-Trim."

Z-Trim is a revolutionary all-natural, zero calorie fat replacement invented at the United States Department of Agriculture (USDA). It 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. Z-Trim has been well received by consumers as well as a number of major domestic and foreign food manufacturers as a vital mainstream ingredient for making healthier foods with less calories that don't sacrifice taste or texture.

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 ( The Soydaily Club ) at the United States Department of Agriculture (USDA), Z-Trim is a patented, zero calorie, multi-functional, fiber food ingredient from corn that lowers calories and fat in most foods without affecting taste or texture. For more information about FiberGel Technologies, visit FiberGel Technologies .

About Circle Group Holdings, Inc.

Circle Group Holdings, Inc. (OTC Bulletin Board: CRGQ - News) ( CRGQ ), 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 CRGQ Breaking News .

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: greg@crgq.com