SOURCE: Alto Group Holdings, Inc.

Alto Group Holdings, Inc.

April 27, 2010 08:00 ET

Alto Group Holdings Announces the Appointment of Its Newest Managing Director of Corporate Finance

NEW YORK, NY--(Marketwire - April 27, 2010) - Alto Group Holdings, Inc. (OTCBB: ALTO) ("Alto Group" or the "Company") announces the appointment of its new Managing Director of Corporate Finance.

Management is proud to announce the appointment of its new Managing Director of Corporate Finance Mr. Whit Tehan.

Mr. Tehan comes to the Company with over 15 years of experience in Investment Banking with a concentration in precious metal exploration and mining companies. Mr. Tehan started his investment career on Wall Street with Gilford Securities between 1993 and 1996. From 1996 to 2000, Mr. Tehan held a position as an associate in the investment banking firm of Fine Equities. As an associate at Fine Equities, he worked on mergers and acquisitions, restructurings, and various other banking deals including being on the deal team for the IPO of Green Mountain coffee Roasters. From 2001 to 2005, Mr. Tehan has held various positions at Brean Murray and Co., a New York-based investment bank. In 2005, Brean Murray merged with Carret & Co. to form Brean Murray, Carret & Co. LLC. Mr. Tehan was promoted to managing director and, as a portfolio manager, was responsible for managing the natural resource and precious metals portion of the firm's $3.5-billion. Mr. Tehan was appointed to the board of directors of Northern Star Mining. He has spoken at several conferences; Mr. Tehan brings an expertise to the company that has been refined over the last 15+ years and as a recognized expert in the mining sector on Wall Street.

We look forward to Mr. Tehan's participation in developing our institutional shareholders base and completing the company's funding goal set forth in 2010.

Notice Regarding Forward-Looking Statements

This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of our exploration program at our properties and any anticipated future production. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with petroleum exploration and development stage exploration companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-KSB for the most recent fiscal year, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

Alto Group Holdings, Inc.
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Mark Daniel Klok
President and CEO

Contact Information

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