News Release

FOR IMMEDIATE RELEASE

StarTrak Announces Delivery of ReeferTrak^® Solutions for North America

Offerings Complete Two-Way Integration with Carrier Transicold Refrigerated Equipment

Morris Plains, NJ - May 30, 2007- StarTrak Systems, LLC, a subsidiary of Alanco Technologies (NASDAQ: ALAN), today announced that it has delivered ReeferTrak^® solutions integrated with Carrier Transicold's truck, trailer and rail car refrigeration unit product lines. StarTrak now offers cellular, satellite and radio frequency solutions integrated with Carrier's Advance^™, Summit and Vector^™ microprocessors.

StarTrak's solutions use wireless communications to permit customers to remotely access the complete two-way microprocessor protocol for Carrier Transicold refrigeration units. This interface provides customers with the capabilities, in real time, to observe set point and operating temperatures, refrigerated operating state, mode of operation, maintenance information, alarm events, fuel levels, Carrier's unique Intelliset^™ capabilities, Automatic Fresh Air exchange settings, door status and any local operator activity occurring to the refrigeration system. ReeferTrak^® also allows customers to remotely change operating temperatures, the modes of operation, clear microprocessor alarms, read history data, run maintenance checks (pre-trips), change Intellisets and turn the refrigeration unit on or off. StarTrak also provides information when the refrigeration unit is off, such as GPS location, geofence entry and exit, mileage, tractor identification, fuel levels, refueling and theft events, among others.

StarTrak offers significant flexibility for customers in the network operations and data delivery areas. StarTrak's network RAMP (Refrigerated Asset Monitoring Platform) solution allows customers to manage refrigeration equipment from multiple vendors via a single web site and network interface. New functionalities available on the reefer units can be brought on-line quickly through the RAMP interface and the solution allows for extensive historical performance review and data mining.

StarTrak has fulfilled independent testing requirements to validate achievement of the transport industries quality standards, which in addition to environmental reliability, demand stringent interface requirements between the two companies' mission critical electronics.

"StarTrak and Carrier have a long-term technical working relationship," said Tom Robinson, StarTrak's Executive Vice President. "Telematics is a demanding, performance-oriented business, which requires the StarTrak to deliver the right solution to customers at exceptional price and performance levels."

The availability of lower cost electronics and communications platforms has accelerated interest in the wireless monitoring solutions in the North American refrigerated truck/trailer market. StarTrak's robust solution, in communication with Carrier's equipment, has resulted in excellent offerings for customers.

Carrier Transicold provides industry-leading transport temperature control and anti-idling solutions with a complete line of equipment for refrigerated trucks, trailers and containers, auxiliary power units for heavy-duty trucks and transport air conditioning systems for buses and recreational vehicles. Carrier Transicold is a business unit of Carrier Corp., which is headquartered in Farmington, Conn., and is the world's largest provider of heating, air conditioning and refrigeration solutions with operations in 172 countries. It is a subsidiary of United Technologies Corp., a diversified company that provides a broad range of high technology products and services to the aerospace and building industries worldwide.

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 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.

For Additional Information Contact:
StarTrak Systems, LLC
Jerry Neuner
Director, Sales and Marketing
Tel: (719) 579-9796
Email: jneuner@startrak.com