Radiant Logistics Approved to Trade on NYSE Amexby Press Release on 2012-01-11 00:13:41
Stock symbol remains: RLGT; first day of trading expected on January 11, 2012
BELLEVUE, Wash., Jan. 9, 2012 /Global Logistics Media/ -- Radiant Logistics, Inc. (otc qb:RLGT) ( www.RadiantDelivers.com ), a domestic and international logistics services company, today announced that the company has been approved to trade shares of its common stock on the NYSE Amex stock exchange. Radiant Logistics anticipates its common stock will begin trading on the exchange on January 11, 2012, under the symbol RLGT. After commencement of trading on NYSE Amex, the Company's common stock will no longer be traded on the OTC Markets under the symbol RLGT.PK.
"We are honored to receive the approval for listing on the NYSE Amex and believe that the transition provides Radiant Logistics with increased exposure to institutional investors and investment funds, as well as more transparency for the market," stated Bohn H. Crain, Founder and CEO of Radiant Logistics. "Over the past several years we have methodically worked to expand our network, extend our domestic and international service offering and enhance our back-office infrastructure and today we enjoy one of the largest footprints and most comprehensive service offerings in our industry. The up-listing is an important milestone and natural progression in the evolution of our company as we continue to leverage our status as a public company to provide our partners with an opportunity to share in the value that they help create. We look forward to announcing other key milestones to a more expansive investment audience in the near future."
"We welcome Radiant Logistics to the NYSE Euronext family of listed companies and to NYSE Amex," said Scott Cutler, Co-Head of U.S. Listings and Cash Execution, NYSE Euronext. "Radiant Logistics and its shareholders will benefit from superior market quality and technology, a broad array of issuer and investor services, and a partnership with the Company and its shareholders."
About Radiant Logistics (otc qb:RLGT)
Radiant Logistics ( www.RadiantDelivers.com ) is a non-asset based third-party transportation & logistics provider with complete global reach, as well as one of the largest and fastest growing networks in North America. The company delivers world-class transportation, logistics and information solutions to its customers, as well as growth, liquidity, and ongoing support for its strategic operating partners. Operating a network of over 100 company-owned and exclusive agent offices under the Airgroup, Adcom Worldwide, Distribution By Air and Radiant brands, the company services a diversified account base that includes manufacturers, distributors and government agencies, using a network of independent carriers and international agents positioned strategically around the world.