Alanco's StarTrak Secures GenTrak Deal

Alanco Technologies, announced that its StarTrak Systems subsidiary, a provider of wireless monitoring and management services to the refrigerated ("reefer") transportation industry, has been awarded a $1 million expansion contract for additional GenTrak genset-integrated monitoring equipment from a current major refrigerated container customer.

Gensets provide reefer power for refrigerated containers while on land, and StarTrak's GenTrak system allows the customer to monitor genset fuel usage, reefer operational status and GPS location of containers. The container owner is able to immediately identify certain events, such as genset or reefer malfunction, and out of route situations, which could negatively affect shipment delivery and quality.

Equipment delivery under the new contract has commenced, with approximately 75 percent completion expected during the company's current fiscal third quarter, ending March 31. The completed order will also contribute an additional $200,000 in annual monitoring fees under a multi-year data services agreement.

Tom Robinson, StarTrak's Executive Vice President, said, "We are pleased to continue to grow with our refrigerated container customers by providing state-of-the-art wireless monitoring services that improve shipment delivery and quality, with a significant contribution to our customers' ROI. This large GenTrak expansion contract further extends our overall market leadership in providing management services to the refrigerated transport industry."

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