BELLEVUE, Wash., Feb. 7, 2007 (PRIME NEWSWIRE) -- 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 the key mid-west gateway of Chicago, Illinois. Airgroup-ORD 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 and operate from a facility that features 20,000 square feet of warehouse space with 16 loading docks and cross docking capabilities.
With over 15 years of experience, Cary Margaron will lead Airgroup-ORD servicing a diversified base of domestic and international customers. "We are very excited to be joining Radiant and the Airgroup network," said Mr. Margaron. "As a group, the Radiant/Airgroup team has a real appreciation for the needs for the local owner/entrepreneur and a clear and achievable plan for building a world class logistics organization. The platform, in terms of people, process, technology and network is unique in the marketplace and represents a compelling opportunity for me and my team. We are looking forward to leveraging our own strengths along with the capabilities of the Airgroup network to bring additional value to our customers while enjoying the benefits of participating in an organization that, through is status as a public company, gives us the ability to work as shareholders and participate in the value that we help create."
Mr. Margaron continued: "Through years of dedicated services, our entire Chicago team has developed some very strong relationships with our customers, vendors and associates around the globe. Our customers have always remained our top priority whether they were here in the mid-west or abroad and this philosophy has been key to our success. As we look to keep pace with the needs of our customers, our service offering is extending beyond the physical movement of goods to include a robust information reporting capability that provides our customers with timely, accurate information around the move. Airgroup's technology platform is already proving to be a great differentiator for us in the marketplace as our customers are gravitating to the web-based transportation management and intransit visibility tools now available. This is only the beginning of our efforts to deliver heightened value added capabilities around our core transportation services."
Radiant's Chairman and CEO, Bohn Crain, remarked, "Chicago is an increasingly important market for us and we are delighted to welcome Cary Margaron and his exceptional staff to our team. They are also contributing significant additional freight volumes in the mid-west which strengthens the entire network. As part of this move, we will also continue to enjoy the services of Ron Kroeger and the staff of the former Airgroup-ORD operation who have transitioned to Airgroup-RFK (Rockford, Illinois) and will continue to provide operational support and synergies for the region."
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) 462-1094x 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 organic growth and 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.