CCA is pursuing opportunities with a number of potential
customers, including the Kentucky Department of Corrections, to fill
the vacant space.
Marc Klugman, Chief of the Sheriff 's Correctional Services
Division, commented, "The primary concern of the Sheriff's Department
is the safety of both our staff and the inmates housed in our
facilities., a manufacturer of proprietary
storage products to upgrade older "legacy" computer systems; and
Excel/Meridian Data, Inc., a manufacturer of Network Attached Storage
(NAS) systems. In the first
half period, the Company reported a net loss of ($2,032,000), which
included lawsuit expenses of $303,000 and a $252,000 non -cash charge
for in-kind dividends paid on the Company's Preferred Stock."

Alanco Technologies , Inc. Utilizing RFID (Radio Frequency
Identification) tracking technology with proprietary software and
patented hardware components, TSI PRISM provides real-time inmate and
officer identification , location and tracking capabilities both
indoors and out.

aerosolized vents

The Company is working with Indiana corrections
officials on plans to return the inmates to the Indiana corrections
system by the end of May 2005 ."
Kauffman continued, "This LASD contract highlights a related new
market for TSI PRISM in addition to the approximately $1 Billion
potential U. 15, 2005: Please replace the release dated Feb.
The Company incurred a net loss for the second quarter of
($886,000), which included lawsuit expenses of $169,000.09) $ (0.

weirich tb

, rival gang associations, and of inmates
entering restricted areas, e.
Additionally , TSI PRISM provides individual identification of all
inmates in the distressed officer's proximity .
Data Storage sales for the six-month period increased 42% to
$3,187,500, generating an operating profit increase of over 300% to
$168,500.

precast detention

The Company currently operates 64 facilities, including
39 company-owned facilities, with a total design capacity of
approximately 70,000 beds in 19 states and the District of Columbia.

, a manufacturer of proprietary
storage products to upgrade older "legacy" computer systems; and
Excel/Meridian Data, Inc. 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.

ceiling precast

----Corrections
Corporation of America (NYSE: CXW) announced today that it has
received notification from the Indiana Department of Corrections of
its intent to return to Indiana approximately 620 male Indiana inmates
currently housed at the Company's Otter Creek Correctional Center in
Wheelwright, Kentucky.05 per diluted share for 2005. The
Company also participates in the data storage industry through two
subsidiary companies: Arraid, Inc."
"We are projecting strong net operating profit growth for our Data
Storage businesses in the second half of fiscal 2005."
"County jails represent a major new potential market for TSI PRISM
with approximately 700,000 inmates 'under roof' (compared to over
2,000,000 inmates in state and federal prisons).

jails tb

Ferguson, CCA
President and Chief Executive Officer.S.04)
=========== =========== =========== ===========

Weighted Average
Common Shares
Outstanding 24,887,000 15,789,200 25,416,700 16,402,100
=========== =========== =========== ===========

proximity assembles

However, if the Company is unable to obtain a new
agreement it intends to implement a phased closure of the Otter Creek
facility that will coincide with the return of Indiana inmates.

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.

SCOTTSDALE, Ariz.
In most major foreign localities , the 900 MHz frequency utilized in
our current TSI PRISM system is either unavailable or difficult to
license.

correctional jail

Arrivals of new arrestees frequently exceed 1,000 persons per
day, and there is a high level of complicated logistics in
transporting several thousand inmates between jail facilities , courts
and other destinations. During the first half the Company made significant
progress in this area and is currently bidding, with local partners,
on two major prison RFPs for RFID inmate tracking in the Netherlands
and in Japan.

ceiling rotondo

Alanco Commences Multi-Staged Project With Los Angeles County Jail; U.S.'s Largest County Jail To Deploy Alanco's TSI PRISM RFID Tracking Technology

(NASDAQ:ALAN ) today announced that sales
revenue for its fiscal second quarter increased 69% to $2,086,000 and
for the first half ended December 31, 2004 increased 68% to
$3,823,000."
"The future prospects for the Data Storage segment are excellent.
In January 2005, Arraid was awarded a $655,000 contract by the United
States Air Force to provide Arraid's proprietary emulation module
(AEM) disc drive replacements for ground-based testing equipment
supporting the Cruise Missile Program.

archiving correctional

These services are intended to reduce recidivism and to
prepare inmates for their successful re-entry into society upon their
release.
Real-time RFID positioning and tracking of each inmate anywhere in
the jail complex will provide staff with advance warnings of high risk
inmate congregations, e. Every inmate's movement throughout
the day is recorded in a permanent database, providing positive
identification of participants in any incident or rule violation,
thereby assisting the investigation process. A further boost was provided from an improving IT
marketplace that we believe is still in the early stages of a strong
recovery. Both potential contracts are scheduled to be awarded
during the second half of this fiscal year.

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. 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.

archiving rotondo

The TSI
PRISM system, which continuously locates and tracks inmate and officer
movements, will be evaluated to measure its effectiveness in reducing
and resolving violent incidents and impacting operating costs.g.
Alanco Technologies, Inc.----In BW5359
issued Feb.
Bob Kauffman, Alanco Chairman and CEO, commented on the first half
results and the second half outlook:

Data Storage

"The improved performance of our Arraid and Excel /Meridian Data
Storage businesses is the result of extensive restructuring of these
operations over the past several years during which both organizations
have dramatically improved productivity , introduced new products, and
added new customers.

padded assembles

"

About the Company

CCA is the nation 's largest owner and operator of privatized
correctional and detention facilities and one of the largest prison
operators in the United States, behind only the federal government and
three states.

CORRECTING and REPLACING Alanco Second Quarter Report; Data Storage Paces First Half Sales Growth

. We are currently
working with two major metropolitan county jails to adopt a modified
TSI PRISM system for their specific requirements and expect to be
awarded a pilot installation contract during the second half . (NASDAQ:ALAN), headquartered in
Scottsdale, Arizona, is the developer of the TSI PRISM RFID continuous
tracking system for the corrections industry, which tracks the
location and movement of inmates and officers, resulting in
significant prison operating cost reductions and enhanced officer
safety and facility security. The
Company also participates in the data storage industry through two
subsidiary companies: Arraid, Inc.

assembles safes

S. Federal and State prison market. With approximately
700,000 inmates currently incarcerated nationwide, the potential U.by Alanco Technologies Inc. In order to accelerate projects through the states'
procurement process, the Company has been establishing new lobbying
relationships in key states. TSI PRISM is currently utilized in prisons in
Michigan, California, Illinois, and a new Ohio installation.08)$ (0.

aerosolized archiving

The Company takes no responsibility for updating the information
contained in this press release following the date hereof to reflect
events or circumstances occurring after the date hereof or the
occurrence of unanticipated events or for any changes or modifications
made to this press release or the information contained herein by any
third-parties, including , but not limited to, any wire or internet
services. In 2004, there were an
estimated 1,330 inmate incidents in the L. 15, 2005
with the following corrected version due to multiple revisions

The corrected release reads:

ALANCO SECOND QUARTER REPORT; DATA STORAGE PACES FIRST HALF SALES
GROWTH; SECOND HALF OUTLOOK - TSI PRISM(TM) DEVELOPMENTS

ALANCO TECHNOLOGIES, INC. The sales increases in both periods were primarily due to
sales growth in the Company's Data Storage business segment . Arraid President, Gene Nicholas, and Excel/Meridian
President, Dick Vanek, are commended for the successful turnarounds of
their businesses over this past very challenging period.

inmate archiving

The Company specializes in owning, operating and managing prisons and
other correctional facilities and providing inmate residential and
prisoner transportation services for governmental agencies.

Forward -Looking Statements

This press release contains statements as to the Company's beliefs
and expectations of the outcome of future events that are
forward-looking statements as defined within the meaning of the
Private Securities Litigation Reform Act of 1995. These
forward-looking statements are subject to risks and uncertainties that
could cause actual results to differ materially from the statements
made.5 million.
County Jail market for TSI PRISM is in the range of $500 - $700
million.. This contract is scheduled for
completion during the second half and Arraid expects to be awarded two
additional contracts in fiscal 2005 totaling approximately $1. A 'jail' TSI PRISM
application offers similar cost and safety benefits to a 'prison'
installation, but with distinct operating differences, such as high
inmate turnover, which will require, for example, modified TSI PRISM
inmate wristbands with quick-release features.

correctional detentions

CCA to Phase-Out Operations at Otter Creek Correctional Center in Kentucky

The
Company estimates the impact, resulting from the loss of the Indiana
inmates , will be approximately $0.g. (NASDAQ:ALAN), headquartered in
Scottsdale, Arizona, is the developer of the TSI PRISM RFID continuous
tracking system for the corrections industry, which tracks the
location and movement of inmates and officers, resulting in
significant prison operating cost reductions and enhanced officer
safety and facility security.0
million.
Condensed Consolidated Statement of Operations

Six Months Ended 12/31 Three Months Ended 12/31
2004 2003 2004 2003
---- ------- ----------- ----------- -----------
Revenue
Data Storage $ 3,187,500 $ 2,246,700 $ 1,821,800 $ 1,211,300
RFID Technology 635,200 24,800 263,700 22,800
----------- ----------- ----------- -----------
Total Revenue 3,822 ,700 2,271,500 2,085,500 1,234,100
=========== =========== =========== ===========

Gross Profit
Data Storage 1,047,000 863,900 567,100 468 ,000
RFID Technology 257,500 7,000 116,000 10,200
----------- ----------- ----------- -----------
Total Gross Profit 1,304,500 870,900 683,100 478,200
----------- ----------- ----------- -----------

Selling, General +
Admin Exp
Data Storage 878,500 822,100 433,300 404,000
RFID Technology 1,393,900 993,700 703,900 497,400
----------- ----------- ----------- -----------
Total Segment Oper
Exp 2,272,400 1,815,800 1,137,200 901,400
----------- --------- -- ----------- -----------

Operating Profit
(Loss)
Data Storage 168,500 41,800 133,800 64,000
RFID Technology (1,136,400) (986,700) (587,900) (487,200)
Corporate Expense (795,200) (448,700) (411,700) (243,300)
----------- ----------- ----------- -----------
Operating Loss (1,763,100) (1,393 ,600) (865,800) (666,500)
----------- ----------- ----------- ------- ----

Other Income +
Expenses (16,800) (75,500) (5,400) 5,100
Preferred Stock
Dividends (251,700) (27,000) (15,000) (14,500)
----------- ----------- ----------- -----------

Net Loss Attributable
to Common
Shareholders $(2,031,600)$(1,496,100) $ (886,200)$ (675,900)
=========== =========== =========== ===========

Net Loss Per Share $ (0.

safes rotondo

"
Los Angeles County operates the largest jail in the United States,
encompassing seven separate sites and housing in excess of 18,000
inmates.A. We are beginning to see real progress
from these efforts , which we believe will result in finalizing at
least four to five new TSI PRISM contract awards during the second
half ending June 30, 2005."
"Despite numerous foreign inquiries, until recently the Company
has not aggressively pursued the international market for TSI PRISM.

grilles biac

(Nasdaq:ALAN), announced today that it has been
awarded a contract by the Los Angeles County Sheriff's Department
(LASD ) to commence the pilot phase of a proposed multi-staged project
to deploy Alanco's TSI PRISM RFID inmate tracking technology. Inmate violence and assaults in the jail
system are a serious and growing problem. 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 . During the first half, we continued to advance our
proprietary technology, expanded market development activities, and
initiated development of new county jail and international market
opportunities ., a manufacturer of Network Attached Storage
(NAS) systems.

trussbilt jails

County jails resulting in
injuries to 1,742 inmates and 88 jail staff, including five inmate
deaths. Officers are likewise
identified and continuously tracked through the jail complex and, with
the instantaneous "Officer-In-Distress " alarm feature, immediate
assistance can be accurately directed to any officer in need."
"We have also made significant progress in expanding TSI PRISM
market opportunities beyond our historical state prison market into
metropolitan county jails and the international corrections market.
Available transmission frequency spectrum has been a primary obstacle.

(table follows)

Alanco Technologies, Inc.

padded archiving

Other factors that could cause operating and
financial results to differ are described in the filings made from
time to time by the Company with the Securities and Exchange
Commission.----Alanco
Technologies, Inc.
In the initial phase, expected to be completed in early Fall,
2005, TSI PRISM technology will be installed in the 1,800 inmate East
Facility of the Pitchess Detention Center located in Castaic,
California, at an approximate expected cost of $1. Utilizing RFID (Radio Frequency
Identification) tracking technology with proprietary software and
patented hardware components, TSI PRISM provides real-time inmate and
officer identification , location and tracking capabilities both
indoors and out. We anticipate significant revenue
generation from new projects during our final fiscal quarter.

biac ceiling

These include, but are not limited to, the risks and
uncertainties associated with: (i) fluctuations in the Company's
operating results because of, among other things, changes in occupancy
levels, competition, increases in cost of operations , fluctuations in
interest rates and risks of operations; (ii) changes in the
privatization of the corrections and detention industry, the public
acceptance of the Company's services and the timing of the opening of
and demand for new prison facilities; (iii) the Company's ability to
obtain and maintain correctional facility management contracts,
including as the result of sufficient governmental appropriations and
as the result of inmate disturbances; (iv) increases in costs to
construct or expand correctional facilities that exceed original
estimates, or the inability to complete such projects on schedule as a
result of various factors, many of which are beyond the Company's
control , such as weather, labor conditions and material shortages,
resulting in increased construction costs; and (v) general economic
and market conditions.

Business Editors

SCOTTSDALE, Ariz.

Assuming favorable performance, LASD will seek additional funding to
deploy the technology in additional jail facilities, ultimately
enrolling all of the approximate 18,000-inmate population in the
tracking program.

grilles ceiling

, locations where witnesses or
vulnerable inmates may be housed.

TSI PRISM sales and operating loss for the first six months
was $635,200 and ($1,136,000), respectively , compared to the previous
year period's sales of $25,000 and operating loss of ($987,000). In consultation with potential partners in Asia and in
Europe, Alanco has commenced development of a 2.

locking archiving

"We appreciate the long-term,
positive relationship CCA has shared with Indiana, and we stand ready
to assist the State either within Indiana state borders or
out-of-state management should they have future need for a corrections
management partner. In
addition to providing the fundamental residential services relating to
inmates, the Company's facilities offer a variety of rehabilitation
and educational programs, including basic education, religious
services, life skills and employment training and substance abuse
treatment. We believe that RFID tracking technology has great
potential to reduce inmate violence as well as provide a powerful
investigative tool."
Alanco's Chairman and Chief Executive Officer, Robert Kauffman,
commented, "We look forward to working with the LASD in their efforts
to improve jail safety and security through application of new
state-of-the-art technology such as TSI PRISM.
Relative to the first half lawsuit expenses, the Company believes
the plaintiffs ' claims are without merit and is pursuing substantial
reimbursement of its legal expenses.

jails correctional

The Company also provides health care (including medical,
dental and psychiatric services), food services and work and
recreational programs. TSI PRISM is currently utilized in prisons in
Michigan, California , Illinois, and a new Ohio installation. 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.4 GHz version of TSI
PRISM, which is an open, license -free frequency available for use
internationally.

padded jails

Business Editors

NASHVILLE, Tenn .
"We are proud of the quality of operations our Otter Creek staff
have provided for the state of Indiana," said John D.

Business Editors/Technology Writers
CORRECTION.
Despite a gross profit improvement of $250,000, TSI PRISM operating
loss increased slightly in the first half due to an increase of
approximately $400,000 in R+D and marketing expenditures compared to
the prior year period."

TSI PRISM RFID Technology

"While gratified with the profitability turnaround in our Data
Storage segment, Alanco remains absolutely committed to the
development of TSI PRISM as the Company's core strategic business
opportunity."
"First half TSI PRISM sales grew modestly due to the pilot
installation at Ohio's Ross Correctional Facility, but were obviously
disappointing .03)$ (0.