CONTACTS:   Alanco Investor Relations            Equity Communications
            (480) 607-1010                       Ira Weingarten
            www.alanco.com                       (805) 897-1880
            --------------                       ira@equitycommunication.com
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              Alanco's Excel/Meridian Data Receives $900,000 Order
                   For Network Attached Storage (NAS) Systems


(Scottsdale, AZ - November 30, 2006) - Alanco Technologies, Inc. (NASDAQ: ALAN),
announced today that its subsidiary, Excel/Meridian Data, Inc., a leading
provider of data storage solutions to the SMB (Small/Medium Businesses) market,
received a new order totaling approximately $900,000 from a media industry
client for NetStor(R) Network Attached Storage (NAS) systems. The order is
scheduled for shipment during the Company's fiscal second quarter ending
December 31, 2006. Excel's NetStor solution was selected based on its broad
spectrum of competitively priced performance characteristics, including virus
protection, scalability over 100 terabytes, and 24/7 client support.

Dick Vanek, Excel/Meridian Data President, stated, "Today's computer storage
customers are demanding more for less. The NetStor is a scalable NAS solution
that delivers rich feature sets along with ease of operation. We have positioned
our NetStor NAS technology to provide a high quality product with excellent
return on investment to the large SMB (Small/Medium Businesses) data storage
market."

Robert R. Kauffman, Alanco Chairman and Chief Executive Officer, commented, "In
our first quarter earnings news release dated November 20, 2006, I noted that we
projected our Data Storage business to rebound from an `unexpectedly large first
quarter loss' to at least breakeven in the second quarter ending December 31,
2006. This new order, plus record-level October sales, virtually assures a
profitable second quarter turnaround for Data Storage."

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. The
Company also participates in the data storage industry through its
Excel/Meridian Data, Inc. subsidiary, a manufacturer of Network Attached Storage
(NAS) systems. Corporate website: www.alanco.com.

Excel/Meridian Data, Inc. has fourteen years of storage solution experience
developing Network Attached CD/DVD Servers, NAS Filers and RAID systems. Excel
delivers uniquely scalable, manageable and cost-effective storage solutions for
all network storage customers. For further information, visit
http://www.emdstorage.com, e-mail sales@emdstorage.com, or call 800-995-1014.

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 tracking, monitoring and controlling 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, and Virginia. Additional information is available at
www.TSIPRISM.com.

EXCEPT FOR HISTORICAL INFORMATION, THE STATEMENTS CONTAINED IN THIS PRESS
RELEASE ARE FORWARD-LOOKING STATEMENTS MADE PURSUANT TO THE SAFE HARBOR
PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995. ALL SUCH
FORWARD-LOOKING STATEMENTS ARE SUBJECT TO, AND ARE QUALIFIED BY, RISKS AND
UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE
EXPRESSED OR IMPLIED BY THOSE STATEMENTS. THESE RISKS AND UNCERTAINTIES INCLUDE,
BUT ARE NOT LIMITED TO, REDUCED DEMAND FOR INFORMATION TECHNOLOGY EQUIPMENT;
COMPETITIVE PRICING AND DIFFICULTY MANAGING PRODUCT COSTS; DEVELOPMENT OF NEW
TECHNOLOGIES WHICH MAKE THE COMPANY'S PRODUCTS OBSOLETE; RAPID INDUSTRY CHANGES;
FAILURE OF AN ACQUIRED BUSINESS TO FURTHER THE COMPANY'S STRATEGIES; THE ABILITY
TO MAINTAIN SATISFACTORY RELATIONSHIPS WITH LENDERS AND TO REMAIN IN COMPLIANCE
WITH FINANCIAL LOAN COVENANTS AND OTHER REQUIREMENTS UNDER CURRENT BANKING
AGREEMENTS; AND THE ABILITY TO SECURE AND MAINTAIN KEY CONTRACTS AND
RELATIONSHIPS.

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