||Alanco Investor Relations
Alanco's StarTrak Announces Commercial Implementation
of New ReeferTrak® RAMP™ Data Services Network
Advanced Wireless Network Provides Unique Management Tools
For Wireless Tracking, Monitoring and Control of Refrigeration Transportation Assets
(Scottsdale, AZ – April 2, 2007) – Alanco Technologies, Inc. (NASDAQ: ALAN) announced today that subsidiary StarTrak has completed implementation of its new ReeferTrak® Refrigerated Asset Management Platform (RAMP™) network solution for refrigerated transport applications. Approximately 25% of StarTrak’s data services subscriber base totaling approximately 20,000 deployed units is now operating on the RAMP network, with the remainder expected to transition into the network over the next several months.
The new state-of-the-art RAMP network provides customers complete wireless GPS tracking, monitoring and full command and control of their fleets of refrigerated trailers, trucks and railcars (“reefers”). StarTrak customers have unique two-way command and control access to the microcontrollers of both major reefer Original Equipment Manufacturers through StarTrak’s web portal or a sophisticated Applications Gateway data feed interface. RAMP can provide simultaneous fleet management utilizing all StarTrak communications platform alternatives (satellite, cellular or radio frequency), as well as interfacing with customer third party telematics products.
The RAMP network also provides for data integration with customer shipping systems within the RAMP application, leading to state-of-the-art integration of refrigerated shipment planning, real-time GPS location and refrigerated condition status. For example, RAMP can proactively compare a shipment dispatch order containing the required commodity temperature information to the actual temperature set point on a refrigeration unit. Utilizing customer established pre-approved limits, RAMP automatically adjusts the reefer unit set point to the correct temperature if a mismatch is detected. Furthermore, the solution delivers immediate alarm notifications via cell phone SMS messaging and/or e-mail to local responsible parties identified on the dispatch order. Ultimately, RAMP’s powerful centralized management and distributed notification capabilities provide customers complete assurance that their refrigerated shipment arrives at destination, at guaranteed quality level.
RAMP provides customers with numerous, state-of-the-art functions unique to refrigerated transport management including:
• Important exception conditions (refrigeration alarms, low fuel, low reefer battery voltage, fuel theft, excessive dwell at a destination and preventative maintenance alerts)
• Ability to turn reefers on and off, change set points, change back and forth from continuous operation to fuel saving start stop operation, pre-trip units and generally perform any operation remotely that is currently performed locally
• Dialing up or down alarm and alert notification criteria for any individual reefer in the customer’s fleet, depending on the commodity, geographical conditions or shipping instructions
• ReeferTrak® support for 500 geofences, including the management of real-time gate transaction notifications, unique geofence shapes, unique naming conventions (landmarking), fleet and sub-fleet inventory management, and group mapping functions for units in or near designated geofence locations
• User assignment of super user capabilities and administrative levels, providing extraordinary flexibility in the management of sub fleets, lease fleets, user accounts, domiciled accounts, and if desirable, customer viewing
• Import ability of individual reefers into user defined groups and fleets, provides for group polling or commands, scheduled commands and tracks critical command history by initiator
Tom Robinson, StarTrak’s Executive Vice President, commented, “The roll-out of this advanced network represents a significant milestone for wireless monitoring and control of refrigerated trailer fleets. The capability of our integrated, open-architecture system allows complete data integration with customers’ systems, and enables the two-way command and control of virtually all transport refrigeration units using numerous communications platforms and methods. Utilizing ReeferTrak® RAMP™, our customers benefit both from the flexibility and unique functionality of this integrated network solution, as well as realizing maximum ROI value from their deployed ReeferTrak systems.”
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.