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At the same time as announcing that sales revenue for its fiscal second quarter increased 69% to US$2,086,000 (largely due to its data storage business unit), Alanco Technologies says that it will work harder to push its TSI PRISM RFID-based inmate tracking system into correctional facilities in the USA and internationally. TSI PRISM sales have grown modestly due to the pilot installation at Ohio's Ross Correctional Facility. In order to accelerate projects through the states' procurement process, the company has also been establishing new lobbying relationships in key states, and believes it will finalise four or five new contract awards by the end of June 2005. The company also reports having made progress in expanding its opportunities beyond the state prison market into metropolitan county jails and the international corrections market.
Source: Alanco Technologies, Inc.
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