SOURCE: Alto Group Holdings, Inc.

Alto Group Holdings, Inc.

January 19, 2010 09:00 ET

Alto Group Reports Assays From D-10 Vein at Alto-Ashanti Project in Ghana

NEW YORK, NY--(Marketwire - January 19, 2010) - Alto Group Holdings, Inc. (OTCBB: ALTO) ("Alto Group" or the "Company"), today is pleased to announce assay results from the D-10 Vein at the Nkwanta Concession on the Company's Alto-Ashanti Project in Ghana, West Africa.

The D-10 Vein is located 450 meters to the north of the highly prospective Golden Arrow Vein and contains visible gold. One notable sample returned 1.78 ounces per ton (55.395 g/t) of quartz vein material with small specks of visible gold. The D-10 Vein has been traced on surface for 100 meters and is being explored along strike. Exploration to date indicates the vein to be approximately 0.5 meter in width and is similar in appearance to the high grade Golden Arrow Vein.

22 samples of the D-10 Vein averaged 0.383 ounces per ton (11.90 g/t). Five additional random grab samples from ore dumps created by the local miner's efforts averaged 0.234 ounces per ton (7.281 g/t). The D-10 Vein may represent an offshoot or splay off the Chief Vein located immediately to the north and will be a priority drill target in the upcoming surface drilling program.

Alto Group engineers have been reviewing the recent data and report confidently that the Nkwanta Concession has the potential to develop into a viable gold deposit. The Company's stated goal has been to discover a deposit containing in excess of 1 million ounces. Given that the gold deposits of the Ashanti Trend are currently estimated to contain over 90 million ounces, Alto believes that the geological environment combined with the initial findings of high grades and visible gold in the veins at Nkwanta make the expectations of achieving this goal increasingly possible. With gold prices over $1,100 per ounce, 1 million ounces would offer a current market value of over $1 billion.

Alto's plan is to complete the Phase 1 exploration program through the extraction of numerous rock samples and by generating a variety of prospective drill targets. A minimum 25,000 foot drilling program may be warranted which would follow Phase 1. Once drilling is complete, the Company will commission an independent, third party resource calculation in order to formally evaluate the tonnage and grade of the Nkwanta Veins.

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.

Natalie Bannister

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