WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
October 8, 2008
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(Date of Report)
ALANCO TECHNOLOGIES, INC.
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(Exact name of Registrant as specified in its charter)
0-9437
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(Commission File No.)
ARIZONA 86-0220694
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(State of other jurisdiction) (IRS Employer Identification No.)
15575 N 83RD WAY, SUITE 3, SCOTTSDALE, ARIZONA 85260
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(Address of Principal Executive Office) (Zip Code)
(480) 607-1010
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(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 1.01 Entry into a Material Agreement
Alanco Technologies, Inc. ("Alanco") received notification today of final
resolution in favor of Alanco to a legal suit filed by Technology Systems
International, Inc., a Nevada corporation ("TSIN") related to Alanco's June 2002
acquisition of TSIN assets. The resolution was determined under a September 2007
court-approved Settlement Agreement and Mutual Release ("Agreement"). In
accordance with the terms of the resolution, the legal suit is resolved without
consideration to be paid by either party. The Agreement was previously disclosed
in Alanco's Form 8-K filed on September 21, 2007.
SIGNATURES
Date: October 8, 2008 By: /s/John A Carlson
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Chief Financial Officer