Alanco Updates TSI PRISM(TM) Asia Strategy; New Local Alliances Resulting In Numerous Opportunities.SCOTTSDALE, Ariz. -- Alanco Technologies Inc. (NASDAQ NASDAQ
in full National Association of Securities Dealers Automated Quotations
U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : ALAN), developer of the TSI TSI Total Solar Irradiance (sum solar light in energy per unit of time)
TSI Trading Standards Institute (UK)
TSI Transportation Safety Institute (US DOT) PRISM RFID (Radio Frequency IDentification) A data collection technology that uses electronic tags for storing data. The tag, also known as an "electronic label," "transponder" or "code plate," is made up of an RFID chip attached to an antenna. inmate tracking system for the corrections industry, announced today a redirected marketing strategy for the Asia region to replace the company's previously announced plan to be exclusively represented by the NEC (NEC Corporation, Tokyo, www.nec.com, www.necus.com) An electronics conglomerate known in the U.S. for its monitors. In Japan, it had the lion's share of the PC market until the late 1990s (see PC 98).
NEC was founded in Tokyo in 1899 as Nippon Electric Company, Ltd. Corp. (letter of intent dated May 27, 2005), as the parties were unable to reach final agreement. The new strategy is focused upon developing a series of individual country alliances with local systems integration firms experienced in the corrections market.
The company said that numerous potential opportunities have already resulted from implementation of the new strategy in Asia and Australia, as follows:
In Japan, Alanco will partner with AeroScout Japan, jointly owned by San Mateo-based AeroScout Inc., and local interests, to exclusively represent TSI PRISM in Japan. The initial project for Alanco/AeroScout Japan will be a November 2005 tender for the new 2,000 inmate Shiname Prison in central Japan.
In Malaysia, AMG AMG All Music Guide (music website)
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AMG Arzneimittelgesetz (German Law) Infotech, Ltd. and Alanco are teaming to pursue two prison projects, a 700 inmate prison at Banda Hilir Melaka in Malaysia, and the 500 inmate Brunie facility in Borneo. AMG also represented TSI PRISM technology at the annual Security Conference in Malaysia Sept. 10-25, 2005.
In Taiwan, Summit Automation Co., Ltd., is representing TSI PRISM, and local corrections officials have requested a preliminary proposal for a new 2,000-inmate prison currently under construction.
In Australia, the ACT (Australian Capital Territory Australian Capital Territory (1991 pop. 276,468), 939 sq mi (2,432 sq km), SE Australia, an enclave within New South Wales, containing Canberra, capital of Australia. It was called the Federal Capital Territory until 1938. ) Department of Corrections is considering a TSI PRISM installation for a 375-bed multilevel mul·ti·lev·el
Having several levels: a multilevel parking garage.
Adj. 1. multilevel - of a building having more than one level prison opening in Canberra in late 2006. An ACT DOC technology evaluation team is scheduled to tour TSI PRISM installations in Illinois and Michigan on Nov. 7-9, 2005. NEC Australia is also involved in this project as the prospective local systems integrator.
In New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland. , Alanco is working with Honeywell, New Zealand, which has a contract with the New Zealand Ministry of Justice to introduce new technologies into the corrections system.
In Thailand, Alanco and Japan NTT NTT Nippon Telegraph and Telephone Corporation
NTT New Technology Telescope
NTT National Technology Transfer, Inc
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NTT National Tree Trust
NTT Number Theoretic Transform Data have introduced TSI PRISM technology to corrections officials and are developing a preliminary proposal for a major new prison complex with several thousand inmates.
In China, Shenzhen Industry Co., Ltd. introduced TSI PRISM technology to prison authorities in late 2004 and is now pursuing a 1,000-bed pilot installation within a major 10,000-bed prison facility.
Robert R. Kauffman, Alanco's chairman and chief executive officer, commented, "While disappointed in being unable to reach final agreement with NEC on exclusive Asian marketing representation, I believe that direct engagement with local partners will ultimately provide a quicker and more efficient route to achieve our long-term Asian market objectives. Our early results with the new strategy are very encouraging with seven new Asian region partnerships now under active development."
Alanco Technologies Inc., headquartered in Scottsdale, Ariz., is the developer of the TSI PRISM RFID continuous tracking system for the corrections industry, which tracks the location and movement of inmates and officers, resulting in significant prison operating cost reductions and enhanced officer safety and facility security. Utilizing RFID (Radio Frequency Identification See RFID. ) tracking technology with proprietary software and patented hardware components, TSI PRISM provides real-time inmate and officer identification, location and tracking capabilities both indoors and out. TSI PRISM is currently utilized in prisons in Michigan, California, Illinois, and Ohio. The company also participates in the data storage industry through two subsidiary companies: Arraid Inc., a manufacturer of proprietary storage products to upgrade older "legacy" computer systems; and Excel/Meridian Data Inc., a manufacturer of 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 ) systems.
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