Alanco Investor Relations
Alanco's StarTrak Announces Contract
with Pro Transport and Leasing, Inc.
for Fleet-wide Deployment of New ReeferTrak® Sentry
(Scottsdale, AZ – February 20, 2007) – Alanco Technologies, Inc. (NASDAQ: ALAN), today announced that Pro Transport and Leasing, Inc. of Grand Forks, North Dakota, has contracted with its StarTrak Systems subsidiary to deploy StarTrak’s new ReeferTrak® Sentry for tracking, monitoring and control of its entire refrigerated trailer (reefer) fleet. The Sentry product line was introduced in October 2006 with shipments to numerous new reefer transport customers in recent months. Pro Transport will be the first customer to deploy the Sentry reefer management solution fleet-wide on its installed base of more than 200 trailers.
Common to all ReeferTrak solutions, the Sentry product includes a communicator hardware unit installed on the refrigerated trailer, as well as an ongoing monthly subscription service plan providing customer access to system information flows. Sentry utilizes a low-cost cellular-based wireless communications platform, along with GPS tracking data, which will provide Pro with true two-way monitoring and control of their refrigerated trailer fleet. With Sentry, Pro Transport can monitor essential logistical and operational information on their fleet of refrigerated trailers, including GPS location, refrigerated set point, temperatures, engine operating parameters, etc., with the additional crucial capability to remotely control reefer operating conditions and temperature. StarTrak’s world class IT group will work closely with Pro’s team to integrate the ReeferTrak Sentry solution with Pro’s central dispatching system via proven, industry-leading StarTrak software expertise and operational methodology.
“Pro Transport is utilizing the ReeferTrak® Sentry system to provide our customers with superior quality and customer service,” said Art Bakken, President of Pro Transport and Leasing. “We conducted an extensive industry review and trial of potential reefer management solutions and are convinced that StarTrak provides the most capable technology available in the refrigerated transport industry. By offering temperature control and location management, this solution will provide us with significant operational improvements.”
Tom Robinson, StarTrak’s Executive Vice President, said, “We are pleased to have proven our capabilities to Pro Transport and look forward to helping Pro achieve large productivity improvements through integration of the StarTrak reefer management solution into their operations. ReeferTrak Sentry represents the state of the art in refrigerated wireless management solutions adapted for the long-haul, over-the-road market segment, which is estimated at approximately 160,000 units. We expect our trailer customers to achieve significant returns on investment as the StarTrak Sentry solution is adopted throughout the industry.”
Pro Transport and Leasing, Inc. is a national frozen, refrigerated and dry truckload transportation provider based in North Dakota and North Carolina. Their operations are dedicated to serving customer’s delivery needs throughout the USA and Western Canada. For over 23 years, Pro Transport has built a reputation based on superior customer service and quality for the transportation industry, while creating a national base of satisfied clients.
Alanco Technologies, Inc. (NASDAQ: ALAN), headquartered in Scottsdale, Arizona, is a rapidly growing provider of wireless tracking and asset management solutions through its StarTrak Systems and Alanco/TSI PRISM subsidiaries. Corporate website: www.alanco.com
StarTrak Systems is a leading provider of GPS tracking and wireless asset management services to the transportation industry and the dominant provider of tracking, monitoring and control services to the refrigerated or “Reefer” segment of the transportation marketplace. StarTrak products increase efficiency and reduce costs of the refrigerated supply chain through the wireless monitoring and control of critical Reefer data, including GPS location, cargo temperatures and Reefer fuel levels. StarTrak offers complete integrated solutions for refrigerated trailers, trucks, railcars, and containers. Additional information is available at www.StarTrak.com.
Alanco/TSI PRISM is the leading provider of RFID real-time tracking technologies for the corrections industry. TSI PRISM systems track and record the location and movement of inmates and officers, resulting in enhanced facility safety and security and significant staff productivity improvements. Utilizing proprietary RFID (Radio Frequency Identification) tracking technology, TSI PRISM provides real-time inmate and officer identification, location and tracking both indoors and out. TSI PRISM is currently utilized in prisons in Michigan, California, Illinois, Ohio, Missouri, and Virginia. Additional information is available at www.TSIPRISM.com.
The Company also participates in the data storage industry through its wholly owned subsidiary, Excel/Meridian Data, Inc., a manufacturer of Network Attached Storage (NAS) systems. Excel delivers uniquely scalable, manageable and cost-effective storage solutions for all network storage customers. For further information, visit www.emdstorage.com.
Except for historical information, the statements contained in this press release are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All such forward-looking statements are subject to, and are qualified by, risks and uncertainties that could cause actual results to differ materially from those expressed or implied by those statements. These risks and uncertainties include, but are not limited to, reduced demand for information technology equipment; competitive pricing and difficulty managing product costs; development of new technologies which make the Company’s products obsolete; rapid industry changes; failure of an acquired business to further the Company’s strategies; the ability to maintain satisfactory relationships with lenders and to remain in compliance with financial loan covenants and other requirements under current banking agreements; and the ability to secure and maintain key contracts and relationships.