Calotto Capital Inc.
TSX VENTURE : TTO.P

October 01, 2007 10:00 ET

Calotto Capital Inc. Releases Second Quarter Financial Results

TORONTO, ONTARIO--(Marketwire - Oct. 1, 2007) -

NOT FOR DISTRIBUTION IN THE UNITED STATES OR THROUGH UNITED STATES WIRE SERVICES.

Calotto Capital Inc. (TSX VENTURE:TTO.P), a capital pool company, has released its financial results for the second quarter ended July 31, 2007.

The full text of the unaudited interim financial statements is included with the Company's Quarterly Report posted on the SEDAR website at www.sedar.com.

Calotto Capital Inc. is actively involved in the process of identifying and evaluating companies in various industries, including environmental/alternative energy, technology, life sciences and mining, with a view to completing a Qualifying Transaction.

Investors are cautioned that trading in the securities of a capital pool company should be considered to be highly speculative. Calotto Capital Inc. is a capital pool company governed by the policies of TSXV. Its principal business is the identification and evaluation of assets or businesses with a view to completing a Qualifying Transaction.

The TSX Venture Exchange does not accept responsibility for adequacy or accuracy of this release.

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