Exhibit 99.1

FOR IMMEDIATE RELEASE

CONTACTS:     Investor Relations
              John Carlson
              Exec VP & CFO
              480-505-4869
              www.alanco.com


                                Alanco Announces
                      FY Fourth Quarter Sales Increased 30%


(Scottsdale,  AZ - July 12, 2010) - Alanco  Technologies,  Inc. (NASDAQ:  ALAN),
today  announced  preliminary,  unaudited  sales  results for its fiscal  fourth
quarter ended June 30, 2010.  StarTrak  Systems,  the Company's sole "continuing
operations"  subsidiary,  reported  record fourth  quarter  sales  totaling $4.1
million,  a 30%  increase  compared to the prior year fourth  quarter,  and a 7%
increase  over the previous  third  quarter  sales  results.  Sales for the full
fiscal year,  ended June 30, 2010,  totaled  approximately  $14.5 million versus
$13.6 million in the prior year.

Alanco  Technologies,  Inc.  provides  wireless  monitoring and asset management
solutions  through its  StarTrak  Systems  subsidiary.  StarTrak  Systems is the
dominant   provider  of  tracking,   monitoring  and  control  services  to  the
refrigerated or "Reefer"  segment of the  transportation  marketplace,  enabling
customer to increase  efficiency  and reduce  costs of the  refrigerated  supply
chain.  For more  information,  visit the Alanco  website at  www.alanco.com  or
StarTrak Systems at www.startrak.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 THAT 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 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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