Circle Group Holdings announces that its FiberGel Technologies Inc. subsidiary has teamed with a leading food industry byproducts firm to provide opportunities for licensing commercial quantities of Z-Trim. The firm, which is one of the oldest in the industry, is responsible for large contract grain byproduct utilization with various major food industry players. The firm's name has been omitted for competitive reasons.

"There exists a substantial opportunity to pursue licensing of our process to convert grain hull byproducts into Z-Trim that can then be used to replace trans fats by the companies who need the grains converted," said Dr. Triveni P Shukla, FiberGel's vice president of technology development. "With the new trans fat labeling laws taking effect at the end of this year, Z-Trim can fill an enormous need that the food industry has yet to find a solution for."

Source: Company Release