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. The
Company assumes no obligation
to update any forward-looking statements.
fluctuate sureties
kwik courteous
----Alanco
Technologies, Inc. The
Company also participates
in the data storage industry through two
subsidiary companies: Arraid, Inc.S. Securities and Exchange
Commission
("SEC") on March 29, 2005 that a previously disclosed informal, non-public
inquiry
initiated in February 2005 has been converted to a formal order of
private investigation.courteous defendent
The
others are Jacobs + Company, an SEC registered investment advisory firm
that manages securities accounts
pledged as collateral for bonds issued by
FSC, and Triangle Surety Agency, a licensed insurance agency
that specializes
in surety.
This press release includes forward-looking statements, within
the meaning
of the Private Securities Litigation Reform Act of 1995.sureties incarcerated
With approximately
700,000
inmates currently incarcerated nationwide, the potential U. Inmate violence and assaults in the jail
system are a serious and growing problem. It
is our goal to provide the bonding capacity that
has been missing from the
marketplace.bond lowinger
fugitive surety
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
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., First Surety
Corporation (FSC) announced today that it has issued its first group of coal
reclamation surety bonds totaling in excess of $2 million. All forward-looking statements made in
this press release
are based on information presently available to management of the Company.The
law states that people are entitled to bail, while awaiting trial.
incarcerated underwriting
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., rival gang associations, and of inmates
entering restricted
areas, e.
Bancinsurance Corporation
Bancinsurance Corporation, headquartered in Columbus
, Ohio, is principally
engaged through its property/casualty insurance subsidiary, Ohio Indemnity
Company, in underwriting specialty insurance.genevieve kwik
, locations where witnesses or
vulnerable inmates
may be housed.
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. FSC, formerly
known as West Virginia Fire and Casualty Company
, was acquired by Jacobs
Financial Group, Inc.binder bonds
retreival fugitive
"
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
.S. TSI PRISM is currently utilized in prisons in
Michigan, California, Illinois, and a new Ohio installation
. Kenney, President of FSC, said, "The issuance of these bonds
under our partially collateralized
coal reclamation bonding program marks the
beginning of what we expect to be a long and mutually
beneficial relationship
with the coal industry in West Virginia and other coal-producing states.
kwik bail
County Jail market for TSI PRISM is in the range of $500 - $700
million. (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
. Other Specialty products
include our waste surety bond program and run off of the bail bond reinsurance
program. Bail is an amount of money that the court wants to hold on to, guarenteeing that the defendent
goes to court.
boyz bonding
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. We believe that RFID tracking technology has great
potential to reduce inmate violence
as well as provide a powerful
investigative tool."
Kauffman continued, "This LASD contract highlights
a related new
market for TSI PRISM in addition to the approximately $1 Billion
potential U.g.
Bancinsurance Corporation Announces Change in Status of SEC Inquiry
genevieve awaiting
County jails resulting
in
injuries to 1,742 inmates and 88 jail staff, including five inmate
deaths. CHARLESTON, W
.binder awaiting
fugitive bond
S.First Surety Corporation Commences Business With Issuance of Coal Reclamation Bonds
"
FSC
is one of three principal subsidiaries of Jacobs Financial Group, Inc.underwriting fugitive
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. 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. Our bonding programs are based on sound underwriting, an
understanding
of the coal and oil and gas industries, and the use of managed
collateral accounts that will both
minimize risk of loss and reduce the costs
to our surety clients. The SEC stated in its notification
letter that this
confidential inquiry should not be construed as an indication by the SEC or
its
staff that any violation of law has occurred nor should it be considered a
reflection upon any person
, entity or security. These forward-
looking statements involve known and unknown risks, uncertainties
and other
factors that may cause actual results to differ materially from the forward-
looking
information in this press release. Such risks, uncertainties and
other factors, include but are
not limited to, changes in underwriting results
affected by adverse economic conditions, fluctuations
in the investment
markets, changes in the retail marketplace, changes in the laws or regulations
affecting the operations of the Company, changes in business tactics or
strategies of the Company
, the financial condition of the Company's business
partners, changes in market forces, litigation
and other risk factors
described from time to time in the Company's Securities and Exchange
Commission
filings.
The main difference between agencies is the service they will provide you.
sureties courteous
Business Editors
SCOTTSDALE, Ariz. (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.
(OTC Bulletin Board: JFGI) from The Celina Mutual
Insurance Company (Celina) of Celina, Ohio
, on December 30, 2005 and, in
accordance with the associated regulatory approvals, has now commenced
business as a surety to businesses requiring financial assurance as a
condition of their operations
, such as those involved in the coal and oil and
gas industries.awaiting kwik
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. Federal and State prison market.
Additionally, TSI PRISM provides individual identification
of all
inmates in the distressed officer's proximity. 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.jails bondsman
"
Los Angeles County operates the largest
jail in the United States,
encompassing seven separate sites and housing in excess of 18,000
inmates
.
Alanco Technologies, Inc. These products protect banks and other
lenders against risk arising
from theft or damage to certain loan collateral
where the borrower has failed to secure or maintain
adequate insurance
coverage. If the defendent goes to court the money is returned, if not, the
money is forfeited and the court keeps the money.
beehive underwriting
g.jails bond
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. The Company intends to fully
cooperate
with this investigation. If someone doesn't have the money they can purchase a Bail Bond, and use equity
in property to secure the bond.
courteous barnett
In 2004, there were an
estimated 1,330 inmate incidents in the L
.A. 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
. COLUMBUS, Ohio, Bancinsurance Corporation
announced today it was notified by the U. The Company
's unemployment compensation products are utilized by
not-for-profit entities that elect to not pay
the unemployment compensation
tax and instead reimburse the state unemployment agencies for benefits
paid by
the agencies to the entities' former employees. The fee for purchasing a bond is usually
regulated by a state agency such as the department of insurance, so the price typically doesn't fluctuate
from company to company.
bonding binder
5 million., a manufacturer of Network Attached Storage
(NAS) systems.Va.
barnett bondsman
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
., a manufacturer of proprietary
storage products to upgrade older "legacy" computer systems; and
Excel/Meridian Data, Inc.
Robert J. Lender/Dealer insurance products
include our ULI, CPI
and GAP products.
lowinger bail
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