Alanco Technologies Inc. (ALAN) Posts 40% Increase in Q4 Revenues, Spurred by “Unique Technical Achievements”
Advances in personal and asset tracking have set a high bar for tracking technology companies looking to stand out in the expanding market. Alanco Technologies Inc. (Nasdaq: ALAN) is a rapidly growing provider of wireless tracking and asset management solutions providing real-time tracking and unique technologies to remain a key player in the technology and data storage industry. The unique focus of its subsidiaries, StarTrak Systems and Alanco/TSI PRISM, contributed to the company’s positive fourth-quarter financial results. Alanco posted unaudited sales revenues for the period ended June 30, 2008, at $4.7 million, up 40 percent from the same period last…