Radiant Expands Airgroup Network in Atlanta
Radiant Logistics Expands Airgroup Network with New Operations in Atlanta, GA
BELLEVUE, WA July 13, 2009 – Radiant Logistics, Inc. (OTC BB: RLGT), a domestic and international logistics services company, today announced further gains in the growth of its Airgroup network with a new office opening in Atlanta, Georgia.
The Airgroup-ATL regional office will leverage the Company’s robust technology platform and global network to provide domestic and international freight forwarding and logistics services and operate from a facility that features 10,500 square feet of warehouse space with 5 loading docks and cross docking capabilities.
Airgroup-ATL will be led by Mike Boyd who along with his management team have over 40 years combined experience. “We view this as a unique opportunity to leverage the capabilities of the Airgroup network to help drive value for our customers and ultimately help us take our business to the next level,” said Boyd. “Radiant’s status as a public company also represents an exciting new opportunity for me and my team to become shareholders and have a stake in value that we help create. This is an exciting new dynamic for us and we are looking forward to flying the Radiant/Airgroup flag here in Atlanta.”
Radiant’s Chairman and CEO, Bohn Crain, remarked, “We are very excited to have Mike, Chris Fisher, Todd Burnett and the entire Atlanta organization join our team as I am confident that they will have an immediate positive impact to our organization which continues to grow in size and strength. We remain bullish on our opportunity for continued organic growth available through the expansions of our agent-based operations as people look to align themselves with a strong partner in this difficult market environment. We also believe that we remain uniquely positioned to bring value to our network participants: (1) leveraging our status as a public company to provide our partners with an opportunity to share in the value that they help create, (2) providing a robust platform in terms of people, process and technology which is translating into better purchasing power with our vendors and more sophisticated e-business solutions for our customers and (3) offering a unique opportunity in terms of succession planning and liquidity for our station owners.”
About Airgroup: Airgroup (www.airgroup.com), founded in 1987, operates as wholly-owned division of Radiant Global Logistics, Inc. and services a diversified account base including manufacturers, distributors and retailers through its extensive North American network. To learn more about the Airgroup network please contact Dan Stegemoller at (425) 462-1094x 516.
About Radiant Logistics (OTC BB:RLGT): Radiant Logistics (www.radiant-logistics.com) services a diversified account base including manufacturers, distributors and retailers through approximately 65 offices located across North America and a network of independent carriers and international agents positioned strategically around the world. Radiant provides its customers domestic and international freight forwarding and an expanding array of value added supply chain management services, including order fulfillment, inventory management and warehousing. For more information about Radiant Logistics, please contact Bohn Crain at (425) 943-4599.
This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding future operating performance, events, trends and plans. We have based these forward-looking statements on our current expectations and projections about future events. These forward-looking statements are not guarantees and are subject to known and unknown risks, uncertainties and assumptions about us that may that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. While it is impossible to identify all of the factors that may cause our actual operating performance, events, trends or plans to differ materially from those set forth in such forward looking statements, we have identified certain of the more salient risk factors in our filings with Securities and Exchange Commission and other public documents and press releases which can be found on our web-site <a href=”http://www.radiant-logistics.com”>(www.radiant-logistics.com)</a>. Readers are cautioned not to place undue reliance on our forward- looking statements, as they speak only as of the date made. Such statements are not guarantees of future performance or events and we undertake no obligation to disclose any revision to these forward-looking statement to reflect events or circumstances occurring after the date hereof.