BELLEVUE, Wash., Sept. 18, 2006 (PRIMEZONE) -- Radiant Logistics, Inc. (OTCBB:RLGT), a domestic and international logistics services company, today announced its wholly owned subsidiary Airgroup Corporation ("Airgroup") made further gains in the growth of its North American operations opening new offices in Los Angeles, California. Airgroup-LAX will operate as a new exclusive agent location and leverage the Company's robust technology platform and global network to provide domestic and international freight forwarding and logistics services throughout southern California.
Operating in one of the largest and most important transportation gateways in the country, Airgroup-LAX is a full service logistics terminal prepared to meet the logistics demands of both domestic and international clients.
Thomas Bowling and Walter Benvenuto will lead the Airgroup-LAX office and have 65 years of combined experience in the transportation and logistics industry. "We are thrilled about joining Radiant and the Airgroup network," said Bowling. "We view this as a unique opportunity to leverage the capabilities of the Airgroup network and Radiant's status as a public company to help drive value for our customers, our employees and ultimately help us take our own business to the next level."
Radiant's Chairman and CEO, Bohn Crain, remarked, "We are very proud to have Tom, Walter and the balance of their organization join the Radiant/Airgroup team. We are working very hard to drive continuous improvement across the Company and we remain keenly focused on attracting quality operations like our new Airgroup-LAX station which will continue to strengthen our overall network and help drive our continued organic growth."
About Airgroup Corporation
Airgroup Corporation (www.airgroup.com) is a wholly-owned subsidiary of Radiant Logistics, Inc. Airgroup, founded in 1987, provides the platform for Radiant's freight forwarding and logistics operations and services a diversified account base including manufacturers, distributors and retailers through its extensive network of exclusive agent offices across North America. To learn more about how to join the Airgroup network please call contact Bill Moultrie at (425) 462-1094 x 514.
About Radiant Logistics (OTCBB:RLGT)
Radiant Logistics (www.radiant-logistics.com) is executing a strategy to build a global transportation and supply chain management company through the strategic acquisition of regional best-of-breed non-asset based transportation and logistics providers to offer 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 (www.radiant-logistics.com). 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.