The name is REALLY interesting to me as a Greek: in greeklish (using latin/english characters to transcribe greek ones -- pretty common before unicode caught on everywhere), "Balto" reads like "Valto". Now, "Valto" loosely translates to "score it!", and it's a famous snippet of a sports commentator, where he was talking to a football (ok, soccer) player about to score a very important goal.
Good luck guys!