||Alanco Investor Relations
Alanco's StarTrak Completes Simmons Foods
ReeferTrak® Fleet Deployment
Simmons Fleet to Utilize StarTrak's New RAMP™ Data Services Network
(Scottsdale, AZ – April 19, 2007) – Alanco Technologies, Inc. (NASDAQ: ALAN), today announced that its StarTrak Systems subsidiary has completed delivery of StarTrak’s ReeferTrak® wireless solution for GPS tracking, monitoring and full-authority management of refrigerated trailers to Simmons Foods, Siloam Springs, Arkansas. Simmon’s fleet-wide deployment of over 100 ReeferTrak systems utilizes StarTrak’s new Refrigerated Asset Management Platform (RAMP™) data services network, which provides enhanced system data management capabilities.
“The StarTrak ReeferTrak® solution has certainly made our operation more lean and efficient,” said Dick Bolen, Director of Fleet Operations, Simmons Foods. “We operate 107 reefer trailers within a 100-mile radius between our locations and cold storage facilities. We pull approximately 50 loads per day, all drop and hook, and it was very difficult to keep track of our trailers manually. We also track our service schedule with StarTrak. The system sends us fault codes and alarms if the unit has any sort of problem and we can take corrective action before a serious situation occurs. Maintenance and repair savings alone will pay for the system, and the convenience of managing the fleet from a desktop is an added bonus. We are able to do yard checks from our desk and we love having the ability of controlling the unit functions remotely. Service and support from StarTrak has been outstanding, and we plan to add more StarTrak units in the future as we add trailers.”
Tim Slifkin, StarTrak’s CEO, commented, “Our ReeferTrak two-way command and control solution is unique in the industry and provides customers like Simmons Foods two-way access to the microcontrollers of reefers produced by both major transport refrigeration OEM’s. Simmons Foods operates different makes and models of reefer equipment, similar to most reefer operators. StarTrak’s ReeferTrak solution is compatible with all OEM models, providing StarTrak significant advantage in the rapidly growing market for wireless reefer management. The addition of our new RAMP data services network also enables StarTrak to substantially enhance our customers’ reefer management information systems.”
Simmons Foods is one of the top ten privately held poultry producers in the USA, employing more than 3,800 members at facilities in Arkansas, Missouri and Oklahoma.
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.