News Release

FOR IMMEDIATE RELEASE

Exel Transportation Signs with StarTrak Systems Intermodal trailers to be equipped with 500 ReeferTrak systems

(Morris Plains, NJ - August 21, 2008) - StarTrak Systems, a subsidiary of Alanco Technologies, Inc. (NASDAQ: ALAN), and the leader in transport refrigeration wireless monitoring and control systems, today announced that it has added three key patent applications to its intellectual property portfolio, now totaling fourteen pending and issued patents covering a broad spectrum of functionality related to wireless refrigerated transport ("reefer") monitoring, including:

1. Sensing rapid reefer fuel loss and monitoring re-fueling events, allowing operators to detect leakage or theft and evaluate fuel consumption and costs
2. Capability to remotely broadcast multiple reefer power on and off settings, eliminating operator involvement
3. Remote temperature setting, allowing customers to assure reefer temperature is consistent with shipment documentation
4. Monitoring wireless pre-cooling, loading and unloading notifications, allowing customers to evaluate idle time and excess fuel usage at loading and unloading facilities
5. Remote geofenced inventory reporting of reefer trailers by customer location, and their associated service state, allowing customers to manage available trailers at drop off and pick up locations
6. Capability to generate standard freight messages based on freight asset behavior

Tom Robinson, StarTrak Executive Vice President, commented, "Over the past decade StarTrak has pioneered innovative technical solutions for reefer wireless monitoring and logistical support services and has earned the dominant share of this emerging market. We believe that StarTrak's unique, proprietary technology, including our patent portfolio, delivers to our customers industry-leading wireless reefer management solutions and provides the Company with formidable barriers to competition."

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 two-way 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, and is currently utilized in prisons in Michigan, California, Illinois, Ohio, Missouri, Virginia, Indiana, and Minnesota. Additional information is available at www.TSIPRISM.com.

Contact:
StarTrak Systems, LLC
Jerry Neuner - Director, Sales and Marketing
Phone (719) 579-9796