MUNDELEIN, Aug. 12 /PRNewswire-FirstCall/ -- Circle Group Holdings (AMEX:CXN), announced today that their CEO, Greg Halpern, Director, Midwest Regional Chapter of the CEO Council released a position paper on the short seller manipulation of stock in small cap companies. Halpern, who received the CEO of the year award from the National Small Public Company Leadership Council in 2004 has been an advocate for small business and testified in front of congress on their behalf. The position paper, titled, Short Selling Combined With Fraudulent Stock Manipulation can be viewed at -- http://www.advancedsmallbusiness.org/positionpaper.htm The CEO Council held its second meeting of public company executives and service providers in Mundelein, at Circle Group Holdings Corporate Headquarters on August 8, 2005, preceding the SEC's Advisory Committee on Smaller Public Companies hearing. http://www.ceocouncil.net/news/2005/07272005.htm About Circle Group Holdings, Inc. Circle Group Holdings, Inc. ( http://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. All Company press releases are available at http://www.crgq.com/HTML/breakingNews.html About the CEO Council: The mission of The CEO Council is to provide a common voice and platform for officers and directors of public companies, and enable them to more effectively interpret and participate in the corporate governance and regulatory process to ensure compliance, to safeguard shareholder value and to clearly demonstrate a dedication to fair and ethical business practices. Visit the CEO Council online at http://www.ceocouncil.net/ About ASBA About The Advanced Small Business Alliance (a 501c-6 non-for-profit corp. for small business advocacy). The advent of new technologies, speedier communications and changing market conditions has created a new breed of companies -- Advanced Small Businesses (ASBs). ASBs are small companies that have developed clear and rapidly accelerated paths to becoming national or global leaders in their fields within a specified timeframe. http://www.advancedsmallbusiness.org/ 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: Steve Cohen Voice: 847-549-6002 Email: DATASOURCE: Circle Group Holdings, Inc. CONTACT: Steve Cohen of Circle Group Holdings, Inc., +1-847-549-6002, Web site: http://www.crgq.com/ http://www.advancedsmallbusiness.org/positionpaper.htm http://www.ceocouncil.net/news/2005/07272005.htm http://www.ceocouncil.net/ http://www.crgq.com/HTML/breakingNews.html http://www.advancedsmallbusiness.org/

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