CXN Circle Grp. Holdings

MUNDELEIN, Ill., April 17 /PRNewswire-FirstCall/ -- Circle Group Holdings (AMEX:CXN), announced today that Attorney John O'Quinn and his legal consortium have been retained as legal counsel of Circle Group Holdings, Inc, makers of Z-Trim(R), a revolutionary zero calorie fat replacement ingredient, to perform due diligence to determine if their stock has been manipulated by illegal naked short selling or if anyone has committed fraud by virtue of other stock manipulation methods detrimental to the Company and its shareholders. Mr. O'Quinn is best known for his enormous settlements against manufacturers of cigarettes, breast implants and diet drugs. Circle Group Holdings' Chairman and CEO Gregory J. Halpern, who at 18 was an international judo champion, commented: "We've come to fight and we believe that by joining forces with John O'Quinn, his team of lawyers and A- list experts, we will prevail. We couldn't have found better partners in this mission to protect shareholder value. Any wrongdoers will be taken to the mat." "We are initiating a period of inquiry and will be looking very deeply at Circle Group Holdings' stock activity," said day-to-day manager of the legal consortium, attorney Wes Christian. "We will not rest until we have made a clear and solid determination as to whether or not CXN's stock was manipulated down." "The world of stock manipulation is labyrinthine, full of subterfuge and deception. Quite naturally, it hides from the light," stated Attorney John O'Quinn. "My team and I will put our full effort toward shining a bright light which will reveal the truth." About John M. O'Quinn John O'Quinn is a results-oriented civil trial lawyer who has become recognized by clients and peers alike for a commitment to competent professionalism representing businesses and individuals seeking the appropriate means to correct legal injustices. Fueled by the mutual belief that everyone is entitled to quality representation and the right to pursue legal remedies despite the size and financial strength of adversaries, John O'Quinn has a successful history of leveling the playing field in the fight for justice. Today, Mr. O'Quinn is widely acknowledged as one of the most accomplished trial lawyers of his time, holding some of the largest verdicts and settlements in the country having been awarded many billions of dollars on behalf of his clients. About Z-Trim(R) Z-Trim, http://ztrim.com/ , is a natural zero calorie fat-substitute made from the hulls of corn, oats, soy, rice, and barley that lowers 25% to 50% of calories from fats in most foods without negatively affecting taste or texture. Z-Trim generally can't be detected by consumers when formulated correctly in dairy, dressings, dips, sauces, baked goods, processed meats, snack foods, cookies, pies, cakes, icings, brownies, bars, ice cream, milk shakes and many other foods. It improves texture significantly; makes meats juicier, baked goods moister, dips creamier. Z-Trim lets you to eat more of the foods you love without fear of weight gain and allows you to lose weight without giving up the foods you love. Z-Trim adopts the flavor and mouth feel of most recipes and has been proven in studies that a majority of consumers prefer Z-Trim foods over their full-fat counterparts. Z-Trim can substantially reduce harmful Trans and saturated fats and adds healthy insoluble and soluble dietary fiber which can be beneficial to heart patients and diabetics. Z-Trim can improve digestion without any negative side effects sometimes associated with other fat substitutes. Z-Trim has been featured on Fox News "Your World w/ Neil Cavuto"; USA Today, Chicago Tribune, as well as local affiliates of NBC, FOX and CBS. Forward-Looking Statements and Risk Factors 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 CONTACT: Steve Cohen of Circle Group Holdings, +1-847-549-6002, or Web site: http://www.crgq.com/ http://ztrim.com/

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