Exhibit 99.1 AMENDMENT NO. 7 TO LOAN AGREEMENT AGREEMENT (this "Agreement"), made as of the 1st day of June, 2010, by and between COMVEST CAPITAL LLC, a Delaware limited liability company (the "Lender"), and ALANCO TECHNOLOGIES, INC., an Arizona...Loan Agreement • June 3rd, 2010 • Alanco Technologies Inc • Computer storage devices • New York
500,000 June 1, 2010 THIRD AMENDED AND RESTATED CONVERTIBLE TERM NOTE FOR VALUE RECEIVED, ALANCO TECHNOLOGIES, INC., an Arizona corporation (the "Maker"), hereby promises to pay to ComVest Capital LLC, a Delaware limited liability company ("ComVest"),...Convertible Term Note • June 3rd, 2010 • Alanco Technologies Inc • Computer storage devices • New York
