Radiant Logistics Announces Proposed Public Offering Of Common Stock

Radiant Logistics, Inc. (NYSE MKT: RLGT), a third party logistics and multimodal transportation services company, today announced that it and certain selling stockholders have commenced an underwritten public offering of shares of Radiant's common stock. In connection with the offering, Radiant and certain selling stockholders intend to grant the underwriters for the offering a 30-day option to purchase an additional 15% of the shares of its common stock offered in the public offering. Radiant intends to use the net proceeds from the offering to repay outstanding indebtedness on its senior credit facility and, to the extent there are any remaining proceeds after such repayment, for general corporate purposes, including to fund working capital. Cowen and Company, LLC and BB&T Capital Markets, a division of BB&T Securities, LLC, are acting as joint book-running managers for the offering. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. The shares are being offered pursuant to an effective shelf registration statement. This press release does not constitute an offer to sell, or the solicitation of an offer to buy, these securities, nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale is not permitted. This offering is being made only by means of a prospectus and related preliminary prospectus supplement, which have been filed with the Securities and Exchange Commission (SEC). Copies of the preliminary prospectus supplement and the accompanying prospectus relating to the securities being offered may also be obtained from Cowen and Company, LLC, c/o Broadridge Financial Services, Attention: Prospectus Department, 1155 Long Island Avenue, Edgewood, NY 11717, by calling (631) 274-2806, or by fax at (631) 254-7140; or from BB&T Capital Markets, Attention: Syndicate Department, 901 East Byrd Street, 3rd Floor, Richmond, VA 23219, by calling (804) 782-8726, or by email at prospectusrequests@bbandtcm.com. Electronic copies of the preliminary prospectus supplement and accompanying prospectus will also be available on the SEC's website at http://www.sec.gov.