|        | Contact: | Bohn      H. Crain           |
|--------|----------|------------------------------|
|   |     | Chief      Executive Officer |
|   |     | Radiant      Logistics, Inc. |
|   |     | (425)      943-4599          |

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| (Amounts in 000’s)                       |   | THREE MONTHS ENDEDSEPTEMBER 30, |   |
|----------------------------------------------------------|--------|------------------------------------------------|--------|
|                                                     |   | 2010                                           |   |   | 2009 |   |
|                                                     |   |                                           |   |   |   |   |
| Net      income                                          |   | $                                              | 783    |   |   | $ | 116 |   |
|                                                     |   |                                           |   |   |   |   |   |   |
| Income      tax expense                                  |   |                                           | 506    |   |   |   | 71 |   |
| Interest      expense – net                        |   |                                           | 36     |   |   |   | 55 |   |
| Depreciation      and amortization                       |   |                                           | 325    |   |   |   | 410 |   |
|                                                     |   |                                           |   |   |   |   |   |   |
| EBITDA                                                   |   |                                           | 1,650  |   |   |   | 652 |   |
| Share-based      compensation and other non-cash charges |   |                                           | 59     |   |   |   | 70 |   |
|                                                     |   |                                           |   |   |   |   |   |   |
| Adjusted      EBITDA                                     |   | $                                              | 1,709  |   |   | $ | 722 |   |

|                                                     |   | Outlook Fiscal YearEnded June 30,2011 |   |   | Actual Fiscal YearEnded June 30,2010 |   |
|----------------------------------------------------------|--------|-----------------------------------------------------------|--------|--------|----------------------------------------------------------|--------|
| Net      income                                          |   | $                                                         | 2,200  |   |                                                     | $      | 1,959 |   |
|                                                     |   |                                                      |   |   |                                                     |   |   |   |
| Income      tax expense                                  |   |                                                      | 1,349  |   |                                                     |   | 1,093 |   |
| Interest      expense – net                        |   |                                                      | 200    |   |                                                     |   | 135 |   |
| Depreciation      and amortization                       |   |                                                      | 1,119  |   |                                                     |   | 1,598 |   |
|                                                     |   |                                                      |   |   |                                                     |   |   |   |
| EBITDA                                                   |   |                                                      | 4,868  |   |                                                     |   | 4,785 |   |
|                                                     |   |                                                      |   |   |                                                     |   |   |   |
| Stock-based      compensation and other non-cash charges |   |                                                      | 132    |   |                                                     |   | 315 |   |
| Gain      on extinguishment of debt                      |   |                                                      | -      |   |                                                     |   | (135 | ) |
| Business      & Occupancy tax refund                 |   |                                                      | -      |   |                                                     |   | (364 | ) |
| Gain      on litigation settlement                       |   |                                                      | -      |   |                                                     |   | (355 | ) |
|                                                     |   |                                                      |   |   |                                                     |   |   |   |
| Adjusted      EBITDA                                     |   | $                                                         | 5,000  |   |                                                     | $      | 4,246 |   |

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|                                                                                                                                                                                               |   | September 30, |       |   | June 30, |   |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------------------|------------|--------|---------------|--------|
|                                                                                                                                                                                               |   | 2010               |       |   | 2010          |   |
| ASSETS                                                                                                                                                                                        |   |               |       |   |          |   |
| Current      assets -                                                                                                                                                                              |   |               |       |   |          |   |
| Cash      and cash equivalents                                                                                                                                                                     |   | $                  | 900,219    |   |          | $      | 682,108 |   |
|         Accounts      receivable, net of allowance of  $600,118 and $626,401      respectively                                              |   |               | 23,770,163 |   |          |   | 21,442,023 |   |
| Current      portion of employee loan receivable                                                                                                                                                   |   |               | 13,600     |   |          |   | 13,100 |   |
| Current      portion of station and other receivables                                                                                                                                              |   |               | 104,947    |   |          |   | 195,289 |   |
| Prepaid      expenses and other current assets                                                                                                                                                     |   |               | 1,094,858  |   |          |   | 1,104,211 |   |
| Deferred      tax asset                                                                                                                                                                            |   |               | 373,791    |   |          |   | 402,428 |   |
| Total      current assets                                                                                                                                                                          |   |               | 26,257,578 |   |          |   | 23,839,159 |   |
|                                                                                                                                                                                               |   |               |       |   |          |   |   |   |
| Furniture      and equipment, net                                                                                                                                                                  |   |               | 879,907    |   |          |   | 881,416 |   |
|                                                                                                                                                                                               |   |               |       |   |          |   |   |   |
| Acquired      intangibles, net                                                                                                                                                                     |   |               | 1,774,374  |   |          |   | 2,019,757 |   |
| Goodwill                                                                                                                                                                                           |   |               | 1,011,310  |   |          |   | 982,788 |   |
| Employee      loan receivable, net of current portion                                                                                                                                              |   |               | 38,000     |   |          |   | 38,000 |   |
| Station      and other receivables, net of current portion                                                                                                                                         |   |               | 163,614    |   |          |   | 151,160 |   |
| Investment      in real estate                                                                                                                                                                     |   |               | 40,000     |   |          |   | 40,000 |   |
| Deposits      and other assets                                                                                                                                                                     |   |               | 183,134    |   |          |   | 153,116 |   |
| Deferred      tax asset – long term                                                                                                                                                          |   |               | 253,099    |   |          |   | 106,023 |   |
| Total      long term assets                                                                                                                                                                        |   |               | 3,463,531  |   |          |   | 3,490,844 |   |
| Total      assets                                                                                                                                                                                  |   | $                  | 30,601,016 |   |          | $      | 28,211,419 |   |
|                                                                                                                                                                                               |   |               |       |   |          |   |   |   |
| LIABILITIES      AND STOCKHOLDERS' EQUITY                                                                                                                                                          |   |               |       |   |          |   |   |   |
| Current      liabilities -                                                                                                                                                                         |   |               |       |   |          |   |   |   |
| Accounts      payable and accrued transportation costs                                                                                                                                             |   | $                  | 16,951,221 |   |          | $      | 16,004,814 |   |
| Commissions      payable                                                                                                                                                                           |   |               | 2,681,013  |   |          |   | 2,119,503 |   |
| Other      accrued costs                                                                                                                                                                           |   |               | 661,335    |   |          |   | 538,854 |   |
| Income      taxes payable                                                                                                                                                                          |   |               | 308,090    |   |          |   | 76,309 |   |
| Due      to former Adcom shareholder                                                                                                                                                               |   |               | 555,977    |   |          |   | 603,205 |   |
| Total      current liabilities                                                                                                                                                                     |   |               | 21,157,636 |   |          |   | 19,342,685 |   |
|                                                                                                                                                                                               |   |               |       |   |          |   |   |   |
| Long      term debt                                                                                                                                                                                |   |               | 7,741,719  |   |          |   | 7,641,021 |   |
| Other      long term liabilities                                                                                                                                                                   |   |               | 487,965    |   |          |   | 439,905 |   |
| Total      long term liabilities                                                                                                                                                                   |   |               | 8,229,684  |   |          |   | 8,080,926 |   |
| Total      liabilities                                                                                                                                                                             |   |               | 29,387,320 |   |          |   | 27,423,611 |   |
|                                                                                                                                                                                               |   |               |       |   |          |   |   |   |
| Stockholders'      equity:                                                                                                                                                                         |   |               |       |   |          |   |   |   |
| Preferred      stock, $0.001 par value, 5,000,000 shares authorized; no shares issued or      outstanding                                                                                          |   |               | -          |   |          |   | - |   |
| Common      stock, $0.001 par value, 50,000,000 shares authorized.  Issued      and outstanding:  September 30, 2010 – 29,894,421; June 30, 2010      – 31,273,461 |   |               | 16,157     |   |          |   | 16,157 |   |
| Additional      paid-in capital                                                                                                                                                                    |   |               | 8,163,178  |   |          |   | 8,108,239 |   |
| Treasury      stock, at cost, 4,807,539 and 3,428,499 shares,    respectively                                                                                                                      |   |               | (1,354,087 | )      |          |   | (936,190 | ) |
| Retained      deficit                                                                                                                                                                              |   |               | (5,684,003 | )      |          |   | (6,466,946 | ) |
| Total      Radiant Logistics, Inc. stockholders’ equity                                                                                                                                      |   |               | 1,141,245  |   |          |   | 721,260 |   |
| Non-controlling      interest                                                                                                                                                                      |   |               | 72,451     |   |          |   | 66,548 |   |
| Total      stockholders’ equity                                                                                                                                                              |   |               | 1,213,696  |   |          |   | 787,808 |   |
| Total      liabilities and stockholders’ equity                                                                                                                                              |   | $                  | 30,601,016 |   |          | $      | 28,211,419 |   |

----

|                                                               |   | THREE MONTHS ENDEDSEPTEMBER 30, |       |
|--------------------------------------------------------------------|--------|------------------------------------------------|------------|
|                                                               |   | 2010                                           |       |   | 2009 |   |
|                                                               |   |                                           |       |   |   |   |
| Revenue                                                            |   | $                                              | 46,361,057 |   |   | $ | 34,028,336 |   |
| Cost      of transportation                                        |   |                                           | 32,242,361 |   |   |   | 23,479,447 |   |
| Net      revenues                                                  |   |                                           | 14,118,696 |   |   |   | 10,548,889 |   |
|                                                               |   |                                           |       |   |   |   |   |   |
| Agent      commissions                                             |   |                                           | 9,832,460  |   |   |   | 7,455,206 |   |
| Personnel      costs                                               |   |                                           | 1,557,160  |   |   |   | 1,422,397 |   |
| Selling,      general and administrative expenses                  |   |                                           | 1,063,282  |   |   |   | 1,096,273 |   |
| Depreciation      and amortization                                 |   |                                           | 325,258    |   |   |   | 409,781 |   |
| Total      operating expenses                                      |   |                                           | 12,778,160 |   |   |   | 10,383,657 |   |
|                                                               |   |                                           |       |   |   |   |   |   |
| Income  from      operations                             |   |                                           | 1,340,536  |   |   |   | 165,232 |   |
|                                                               |   |                                           |       |   |   |   |   |   |
| Other      income (expense):                                       |   |                                           |       |   |   |   |   |   |
| Interest      income                                               |   |                                           | 5,809      |   |   |   | 1,184 |   |
| Interest      expense                                              |   |                                           | (42,242    | ) |   |   | (56,508 | ) |
| Other                                                              |   |                                           | 26,286     |   |   |   | 98,309 |   |
| Total      other income (expense)                                  |   |                                           | (10,147    | ) |   |   | 42,985 |   |
|                                                               |   |                                           |       |   |   |   |   |   |
| Income  before      income tax expense                   |   |                                           | 1,330,389  |   |   |   | 208,217 |   |
|                                                               |   |                                           |       |   |   |   |   |   |
| Income      tax expense                                            |   |                                           | (505,543   | ) |   |   | (71,127 | ) |
|                                                               |   |                                           |       |   |   |   |   |   |
| Net      income                                                    |   |                                           | 824,846    |   |   |   | 137,090 |   |
|                                                               |   |                                           |       |   |   |   |   |   |
| Less:      Net income attributable to non- controlling interest    |   |                                           | (41,903    | ) |   |   | (21,040 | ) |
|                                                               |   |                                           |       |   |   |   |   |   |
| Net      income  attributable to Radiant Logistics, Inc. |   | $                                              | 782,943    |   |   | $ | 116,050 |   |
|                                                               |   |                                           |       |   |   |   |   |   |
| Net      income  per common share – basic          |   | $                                              | .03        |   |   | $ | .00 |   |
| Net      income  per common share – diluted        |   | $                                              | .03        |   |   | $ | .00 |   |
|                                                               |   |                                           |       |   |   |   |   |   |
| Weighted      average shares outstanding:                          |   |                                           |       |   |   |   |   |   |
| Basic      shares                                                  |   |                                           | 30,471,061 |   |   |   | 33,367,940 |   |
| Diluted      shares                                                |   |                                           | 30,723,861 |   |   |   | 33,548,186 |   |

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|                                                                                                                   |   | THREE MONTHS ENDEDSEPTEMBER 30, |       |
|------------------------------------------------------------------------------------------------------------------------|--------|------------------------------------------------|------------|
|                                                                                                                   |   | 2010                                           |       |   | 2009 |   |
| Adjusted      EBITDA                                                                                                   |   | $                                              | 1,708,980  |   |   | $ | 721,865 |   |
| Stock-based      compensation and other non-cash charges                                                               |   |                                           | (58,803    | ) |   |   | (69,583 | ) |
| EBITDA                                                                                                                 |   |                                           | 1,650,177  |   |   |   | 652,282 |   |
|                                                                                                                   |   |                                           |       |   |   |   |   |   |
| Depreciation      and amortization                                                                                     |   |                                           | (325,258   | ) |   |   | (409,781 | ) |
| Interest      expense, net                                                                                             |   |                                           | (36,433    | ) |   |   | (55,324 | ) |
| Income      tax expense                                                                                                |   |                                           | (505,543   | ) |   |   | (71,127 | ) |
| Net      income                                                                                                        |   |                                           | 782,943    |   |   |   | 116,050 |   |
|                                                                                                                   |   |                                           |       |   |   |   |   |   |
| ADJUSTMENTS      TO RECONCILE NET INCOME  TO NET CASH                                                        |   |                                           |       |   |   |   |   |   |
| PROVIDED      BY (USED FOR) OPERATING ACTIVITIES:                                                                      |   |                                           |       |   |   |   |   |   |
| Non-cash      compensation expense (stock options)                                                                     |   |                                           | 54,939     |   |   |   | 54,207 |   |
| Amortization      of intangibles                                                                                       |   |                                           | 245,383    |   |   |   | 308,324 |   |
| Deferred      income tax benefit                                                                                       |   |                                           | (118,439   | ) |   |   | (60,063 | ) |
| Depreciation      and leasehold amortization                                                                           |   |                                           | 79,875     |   |   |   | 101,457 |   |
| Change      in non-controlling interest of subsidiary                                                                  |   |                                           | 41,903     |   |   |   | 21,040 |   |
| Provision      for doubtful accounts                                                                                   |   |                                           | (26,283    | ) |   |   | 105,413 |   |
|                                                                                                                   |   |                                           |       |   |   |   |   |   |
| CHANGE      IN OPERATING ASSETS AND LIABILITIES:                                                                       |   |                                           |       |   |   |   |   |   |
| Accounts      receivable                                                                                               |   |                                           | (2,301,857 | ) |   |   | (2,165,750 | ) |
| Employee      loan receivable                                                                                          |   |                                           | (500       | ) |   |   | 2,000 |   |
| Station      and other receivables                                                                                     |   |                                           | 77,888     |   |   |   | 172,947 |   |
| Prepaid      expenses and other assets                                                                                 |   |                                           | (20,665    | ) |   |   | (135,004 | ) |
| Accounts      payable & accrued transportation costs                                                               |   |                                           | 946,407    |   |   |   | 821,616 |   |
| Commissions      payable                                                                                               |   |                                           | 561,510    |   |   |   | 441,713 |   |
| Other      accrued costs                                                                                               |   |                                           | 122,481    |   |   |   | (209,450 | ) |
| Other      long-term liabilities                                                                                       |   |                                           | 48,060     |   |   |   | - |   |
| Income      taxes payable                                                                                              |   |                                           | 231,781    |   |   |   | - |   |
| Income      tax deposit                                                                                                |   |                                           | -          |   |   |   | 129,208 |   |
|                 Total      adjustments |   |                                           | (57,517    | ) |   |   | (412,342 | ) |
|                                                                                                                   |   |                                           |       |   |   |   |   |   |
| Net      cash provided by (used for)operating  activities                                                    |   | $                                              | 725,426    |   |   | $ | (296,292 | ) |

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