Alanco Appoints Storage Industry Veteran to Lead SanOne Subsidiary; "Mac" McCorkle Named SanOne CEO.Business Editors/High-Tech Writers SCOTTSDALE, Ariz.--(BUSINESS WIRE)--June 28, 2001 Alanco Technologies Inc. (Nasdaq: ALAN) Thursday announced the appointment of Boyce "Mac" McCorkle as president and chief executive officer of its SanOne Inc. subsidiary, a leading provider of storage virtualization Treating storage as a single logical entity without regard to the hierarchy of physical media that may be involved or that may change. It enables the applications to read from and write to a single pool of storage rather then individual disks, tapes and optical devices. and networking solutions. McCorkle, a 20-year storage industry veteran, brings the leadership and strategic vision necessary for SanOne to fully capitalize upon the opportunities presented by the rapidly growing storage virtualization and networking markets. McCorkle has extensive senior level experience, including CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of a digital imaging system provider and head of worldwide marketing and sales for a Nasdaq listed storage networking company. "Mac brings to Alanco an impressive resume of accomplishments in the data storage industry, as well as extensive experience with content creation and delivery systems, including multi-media and video streaming See streaming video and video stream. . He has a proven track record for enhancing shareholder value through his focus, creativity and entrepreneurial flair," said Robert R. Kauffman, chairman and CEO of Alanco Technologies Inc. About SanOne SanOne is a leading provider of storage virtualization and networking solutions that span the enterprise and drive business results. The company provides network virtualization Monitoring and managing an entire network from a single network administrator's console. Network virtualization begins with monitoring the network and often encompasses storage virtualization, which manages all of storage as a single resource. products that are easy-to-use and quick-to-deploy, and also provides simplified enterprise SAN solutions. The company's products include Dynamic Allocation Manager, the award winning network virtualization appliance used by corporations worldwide. SanOne is an Alanco Technologies Inc. company located at 26 West Lone Cactus Drive, Phoenix, AZ 85027. For further information, visit www.sanone.com, via e-mail: info@sanone.com, or call direct: 877/582-4592. Alanco Technologies Inc., headquartered in Scottsdale, is a publicly owned company focused on the high-growth storage networking industry. Alanco Technologies companies provide comprehensive virtualization An umbrella term for enhancing a computer's ability to do work. Following are the ways virtualization is used. Hardware Virtualization Partitioning the computer's memory into separate and isolated "virtual machines" simulates multiple machines within one physical computer. and Storage Area Network (SAN) solutions from SanOne; complementary Network Attached Storage (NAS (1) See network access server. (2) (Network Attached Storage) A specialized file server that connects to the network. A NAS device contains a slimmed-down operating system and a file system and processes only I/O requests by supporting the popular ) from Excel/Meridian Data; and storage upgrade solutions for legacy computer systems from Arraid. Alanco's common stock is traded on the Nasdaq stock market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. under the symbol ALAN. This press release contains statements that may be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Such forward-looking statements are inherently uncertain, and the actual results may differ from management's expectations. |
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