Circle Group To Commence Trading On the OTC Bulletin Board Under the Symbol ``CRGQ''.

Business Editors

MUNDELEIN, Ill.--(BUSINESS WIRE)--June 5, 2002

Circle Group Internet, Inc. a funding and consulting source for emerging technology companies, announced today that its shares of common stock will begin trading on the OTC Bulletin Board under the symbol "CRGQ" on Thursday June 6, 2002.

For a CRGQ quote, visit: http://finance.yahoo.com/q?s=CRGQ.OB

"By merging innovative e-solutions and consulting with investment banking financial services, we have created what we believe to be the next evolution in growing and developing business in the new economy," said Gregory J. Halpern, Chairman & CEO of Circle Group. "We believe our public listing is a signal of Circle Group's maturity as a company, I would like to thank Circle Group's partners, customers, employees and shareholders for their respective roles in contributing to our success."

In a meeting with employees, directors, and shareholders, Halpern discussed Circle Group goals and priorities as a publicly traded entity including:

-- Build long-term value for shareholders by increasing operational and
subsidiaries' revenue;

-- Perform acquisitions of other leading revenue-generating firms as they
arise; and

-- Spin-out wholly owned subsidiaries for merger or IPO as separate publicly
traded entities.

"Long term shareholders will have access to some interesting opportunities through our spin-out strategy. We view our shareholders as partners and owners of a diversified group of technology holdings poised for success and profitability," said Halpern. "The move to the OTC Bulletin Board positions the company to not only benefit from greater visibility and liquidity; it also opens the door to accelerated financial growth and investment capital."

To date Circle Group has raised over $25 million for itself and its nine portfolio companies. All nine companies in current portfolio are growing their business models and achieving financial goals. For more information about Circle Group's portfolio of companies, visit: http://www.crgq.com/cgiweb/HTML/eMentorComp.html.

About Circle Group

Founded in 1994, Circle Group is a funding and consulting source for emerging technology companies. Through its wholly owned NASD-Registered broker-dealer, CGI Capital, Inc., Circle Group offers companies various funding solutions. Circle Group also offers in-house digital design skills and business consulting solutions through CGI Total Media, Inc., and Consulting CGI, respectively. Circle Group was the first company to complete an entire end-to-end capital raising campaign over the Internet without assistance from the traditional investment community.

For more information about Circle Group contact Daniel Ripes, VP Corporate Communications at 800-730-4880, email [e-mail] or visit www.crgq.com.

This news release contains forward-looking statements. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, or otherwise. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted, or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the effect of government regulation, competition and other material risks described in the company's filings with the SEC.