Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?

To: Ken W who wrote (7277)	4/4/2005 11:06:10 AM
From: ACAN	Read Replies (1) \| Respond to of 23958

Ken; ALAN (hot off the press) Alanco Announces Cooperation with NTT Data to Develop New TSI PRISM Markets in Japan Press Release Source: Alanco Technologies Inc. Alanco Announces Cooperation with NTT Data to Develop New TSI PRISM Markets in Japan Monday April 4, 11:00 am ET Exclusive Agreement for New RFID Applications Non-Exclusive for Corrections Market SCOTTSDALE, Ariz.--(BUSINESS WIRE)--April 4, 2005-- Alanco Technologies Inc. (NASDAQ: ALAN - News) announced today it has entered into a Letter of Intent with Japan's NTT Data Corp. ("NTT Data") granting exclusive rights to develop new market applications in Japan for Alanco's TSI PRISM(TM) RFID tracking technology, and non-exclusive distribution rights for the Japanese corrections market. A definitive agreement is expected to be completed by May 15, 2005, and will include significant financial commitment to Alanco in consideration of rights granted. NTT Data is a part of the NTT Group of companies and is recognized as Japan's largest systems integrator. A world leader in information and networking technologies, NTT Data enjoys a major share of the Japanese security systems market, including restricted access government installations. NTT Data employs more than 17,000 persons with annual sales revenue of more than $8 billion. Alanco's Chairman and Chief Executive Officer, Robert Kauffman, commented, "Today's announcement follows our March 30, 2005, news release of a Strategic Marketing Agreement Letter of Intent with NEC Corp. of Japan. These two important relationships will form the cornerstone of our TSI PRISM market development efforts in Asia. The relationship with NTT Data Corp. is a direct result of NTT Data's vision of new high-growth applications for our unique and proprietary RFID tracking technology. We are excited by the potential for expanding TSI PRISM market opportunities beyond corrections through this cooperation with a world leader in security systems and technology innovations." Allan