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ALTA HOLDINGS, LLC GROWS WITH OPENING OF UTAH OFFICE

Seasoned insurance industry veteran Ross Elliott to oversee Midvale, Utah office

Midvale, Utah — Sep. 25, 2008 — Alta Holdings, LLC, a leader in the captive insurance industry, announced today that the firm has expanded its operations with the opening of an office in the Salt Lake City suburb of Midvale, Utah. Ross C. Elliott, Alta’s newly appointed vice president of operations, will oversee this office.

“Our expansion into Utah is a testament to our growth in the captive industry,” said Bruce Molnar, chief executive officer and founder, Alta Holdings, LLC. “Utah is thriving as a captive domicile. Coupled with Ross’ keen understanding of captive insurance in Utah and Alta’s industry knowledge, we are positioned for continued success.”

Elliott has 23 years of extensive experience in insurance company administration and operations. He most recently provided insurance and information technology consulting services in the Intermountain West. Elliot is a graduate of Brigham Young University. Actively involved in civic and charitable activities in the Greater Salt Lake City region, he and his family reside in Murray, Utah.

About Alta Holdings, LLC
Based in Costa Mesa, Calif., Alta Holdings, LLC, is a global leader in captive structuring, formation and management. The firm has offices in California, Utah, North Carolina, Arizona, Hawaii and the British Virgin Islands. Learn more at www.altaholdings.com

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