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Z Trim Holdings, Inc. Audit Report Contains 'Going Concern' Qualification

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MUNDELEIN, Ill., May 13 Z Trim Holdings, Inc.(Amex: ZTM) announced today that its recently filed financial statements forthe fiscal year ended December 31, 2007 contained a going concernqualification received from its independent registered public accounting firm,Blackman Kallick LLP. This announcement is being made to comply with Section610 of the Amex company guide, which requires separate disclosure of receiptof an audit opinion that contains a going concern qualification.

ABOUT Z TRIM(R)

Z Trim, http://www.ztrim.com, is a natural functional food ingredient madefrom the hulls of grain. Z Trim lowers calories from fats by up to 80% in manyfoods without negatively affecting taste or texture, and can substantiallyreduce harmful trans and saturated fats found in many foods. Z Trim has wideapplication in dairy products, dressings, dips, sauces, baked goods, processedmeats, snack foods, cookies, pies, cakes, icings, brownies, bars, ice cream,milk shakes and many other foods.

Forward-Looking Statements and Risk Factors

Certain statements in this press release are "forward.looking statements"within the meaning of Section 27A of the Securities Act of 1933 and Section21E of the Securities Exchange Act of 1934. These statements involve a numberof risks, uncertainties and other factors that could cause actual results,performance or achievements of Z Trim Holdings to be materially different fromany future results, performance or achievements expressed or implied by theseforward.looking statements. Other factors, which could materially affect suchforward.looking statements, can be found in our filings with the Securitiesand Exchange Commission at http://www.sec.gov, including risk factors relatingto material weaknesses in internal control over financial reporting, ourhistory of operating losses, lack thus far of significant market acceptance ofour products, the fact that we may dilute existing shareholders throughadditional stock issuances, and our reliance on our intellectual property.Investors, potential investors and other readers are urged to consider thesefactors carefully in evaluating the forward.looking statements and arecautioned not to place undue reliance on such forward.looking statements. Theforward.looking statements made herein are only made as of the date of thispress release and we undertake no obligation to publicly update suchforward.looking statements to reflect subsequent events or circumstances.Contact: Angela Strickland Voice: 847-549-6002 Email: Angela.Strickland@ztrim.com

SOURCE Z Trim Holdings, Inc.

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