8-K

                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                    FORM 8-K

                                 CURRENT REPORT

                       Pursuant to Section 13 or 15(d) of
                      The Securities Exchange Act of 1934



                                February 17, 2010
                                -----------------
                                (Date of Report)

                           ALANCO TECHNOLOGIES, INC.
                           -------------------------
             (Exact name of Registrant as specified in its charter)


                                    0-9437
                                   ---------
                             (Commission File No.)

                    ARIZONA                        86-0220694
         ---------------------------     ---------------------------------
        (State of other jurisdiction(    (IRS Employer Identification No.)



             15575 N 83RD WAY, SUITE 3, SCOTTSDALE, ARIZONA  85260
             -------------------------------------------------------
            (Address of Principal Executive Office)       (Zip Code)


                                 (480) 607-1010
              ----------------------------------------------------
              (Registrant's telephone number, including area code)


Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of
the following provisions (see General Instruction A.2. below):

(  ) Written communication pursuant to Rule 425 under the Securities Act
     (17 CFR 230.425)

(  ) Soliciting material pursuant to Rule 14a-12 under the Exchange Act
     (17 CFR 240.14a-12)

(  ) Pre-commencement communications pursuant to Rule 14d-2(b) under the
     Exchange Act (17 CFR 240.14d-2(b))

(  ) Pre-commencement communications pursuant to Rule 13e-4(c) under the
     Exchange Act (17 CFR 240.13e-4(c))

Item 8.01  Other Events

On February 11, 2010, Alanco Technologies, Inc. issued a press release
announcing that its StarTrak subsidiary was awarded a contract by Cheney
Brothers, Inc. for deployment of its ReeferTrak monitoring system on the
company's nationwide fleet of 400 refrigerated trailers.

A copy of the press release is attached.

Item 9.01

     Exhibit 99.1   February 11, 2010 press release entitled "Alanco's StarTrak
                    Announces Cheney Brothers, Inc. 400 Trailer Fleetwide
                    Deployment of ReeferTrak Systems."


                                   SIGNATURES

Date: February 17, 2010            By:  /s/John A Carlson
                                        -----------------------
                                        Chief Financial Officer

EX-99

EXHIBIT 99.1

FOR IMMEDIATE RELEASE

CONTACTS:  Investor Relations
           John Carlson
           Exec VP & CFO
           480-505-4869


                Alanco's StarTrak Announces Cheney Brothers, Inc.
             400 Trailer Fleetwide Deployment of ReeferTrak Systems
            ---------------------------------------------------------
 Leading Food Service Distributor to Complete ReeferTrak Deployment by May, 2010

(Scottsdale, AZ - February 11, 2010) - Alanco Technologies, Inc.,
(NASDAQ: ALAN), announced today that it's StarTrak Systems subsidiary, the
leading provider of wireless monitoring services for the refrigerated transport
industry, has been awarded a contract by Cheney Brothers, Inc. for deployment of
its ReeferTrak monitoring system on the company's nationwide fleet of 400
refrigerated trailers. Cheney Brothers is one of the largest, fastest growing,
and most progressive food service distributors in the Southeast United States
with annual revenues exceeding $700 million. Utilizing ReeferTrak information
management services will enable Cheney Brothers to expand its service commitment
to its extensive network of food service customers by assuring absolute
temperature compliance and on-time delivery. The company expects to complete
fleetwide deployment of ReeferTrak by May, 2010.

Cheney Brothers utilizes multi-compartment trailers to provide their customers
with a variety of refrigerated product. ReeferTrak will monitor each
compartment's shipment temperature settings versus actual temperatures at 15
minute intervals, from origin to customer destination, with both graphical and
tabular temperature displays immediately available upon arrival at destination.
ReeferTrak's capability of immediate alarm condition notification can be
supplemented with remotely-set independent temperature alerts for every
shipment, allowing Cheney to have instant understanding of any out of range
temperature condition and capability to remotely resolve reefer operational
problems.

Cecil King, Vice President of Operations for Cheney Brothers commented,
"ReeferTrak permits Cheney Brothers to provide the highest degree of service and
quality to our customers, from both of our major distribution locations in Ocala
and Riviera, Florida. We use the ReeferTrak information technology as an
advanced tool, which allows us to assure the highest quality shipments to our
customers."

Joe Haber, Chief Information Officer for Cheney Brothers added, "ReeferTrak also
delivers specific capabilities, which allows Cheney Brothers to achieve
operational savings. The ReeferTrak system allows Cheney Brothers to observe
every operational detail of our deliveries from warehouse locations, and
evaluate the condition of our refrigerated equipment in real time. Reliable
management of trailer operations such as refueling events, fuel usage and
trailer inventory management, provide significant operational cost savings to
us. The service is truly a reliable and advanced capability that significantly
improves the way we do business."

About Cheney Brothers, Inc.
- ---------------------------

Cheney Brothers, Inc. is a rapidly growing food service distributor and one of
the largest private companies in the Southeast. The company inventories over
15,000 items with yearly revenues exceeding $700 million. Cheney Brothers stocks
a broad selection of products with national brand recognition, bringing
customers the quality and consistency that the food service industry expects and
demands.

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
customers 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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