**EXHIBIT      99.1**

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

**RADIANT      LOGISTICS ANNOUNCES RESULTS**

**FOR      THE FISCAL THIRD QUARTER ENDED MARCH 31, 2008**

**Double-Digit      Growth Continues with Quarterly Revenues Increasing 32.9% to $25.8**

**Million      and Adjusted EBITDA Increasing 50.9% to $495,000 **

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**EXHIBIT      99.1**

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**EXHIBIT      99.1**

| *(Amounts                    in 000’s)*                                              |   | THREE                    MONTHS ENDEDMARCH                    31, |   | NINE                    MONTHS ENDEDMARCH                    31, |   |
|--------------------------------------------------------------------------------------------|--------|-------------------------------------------------------------------|--------|------------------------------------------------------------------|--------|
|                                                                                       |   | 2008                                                              |   |  2007                                                       |   | 2008 |   |  2007  |   |
|                                                                                       |   |                                                              |   |                                                        |   |   |   |    |   |
| Net                    income                                                              |   | $                                                                 | 87     |                                                             | $      | 24 |   | $ | 1,499 |   | $ | 248 |   |
|                                                                                       |   |                                                              |   |                                                             |   |   |   |   |   |   |   |   |   |
| Interest                    expense - net                                                  |   |                                                              | 26     |                                                             |   | 3 |   |   | 98 |   |   | 9 |   |
| Income                    tax expense (benefit)                                            |   |                                                              | 36     |                                                             |   | 37 |   |   | 772 |   |   | 18 |   |
| Depreciation                    and amortization                                           |   |                                                              | 239    |                                                             |   | 209 |   |   | 721 |   |   | 600 |   |
|                                                                                       |   |                                                              |   |                                                             |   |   |   |   |   |   |   |   |   |
| EBITDA                                                                                     |   |                                                              | 388    |                                                             |   | 273 |   |   | 3,090 |   |   | 875 |   |
| Stock-based                    compensation and other non-cash charges                     |   |                                                              | 107    |                                                             |   | 55 |   |   | 244 |   |   | 187 |   |
| Change                    in estimate of liabilities assumed in Airgroup acquisition  |   |                                                              | -      |                                                             |   | - |   |   | (1,431 | ) |   | - |   |
| Tax                    indemnity                                                           |   |                                                              | -      |                                                             |   | - |   |   | (487 | ) |   | - |   |
|                                                                                       |   |                                                              |   |                                                             |   |   |   |   |   |   |   |   |   |
| Adjusted                    EBITDA                                                         |   | $                                                                 | 495    |                                                             | $      | 328 |   | $ | 1,416 |   | $ | 1,062 |   |

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**EXHIBIT      99.1**

***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. Important      factors relating to our ability to develop additional agency locations, as      well      as to locate and finance acquisition opportunities, as well as other important      factors that could cause our actual results to differ from our expectations,      include but are not limited to those risk factors disclosed in our Report on      Form 10-K for the year ended June 30, 2007 and other filings with the 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 statements to reflect events      or      circumstances occurring after the date hereof.***

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**RADIANT        LOGISTICS, INC.**

**Consolidated        Balance Sheets**

**(UNAUDITED)**

|                                                                                                                                                                                                                 |   | March                    31, |       | June                    30, |   |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|------------------------------|------------|-----------------------------|--------|
|                                                                                                                                                                                                                 |   | 2008                         |       | 2007                        |   |
| **ASSETS**                                                                                                                                                                                                           |   |                         |       |                        |   |
| Current                    assets -                                                                                                                                                                                  |   |                         |       |                        |   |
| Cash                    and cash equivalents                                                                                                                                                                         |   | $                            | 279,626    |                        | $      | 719,575 |   |
| Accounts                    receivable, net of allowance for doubtful accounts of $641,493                    at March 31, 2008 and $259,960 at June 30, 2007                                                        |   |                         | 13,536,141 |                        |   | 15,062,910 |   |
| Current                    portion of employee loan receivables and other Receivables                                                                                                                                |   |                         | 176,592    |                        |   | 42,800 |   |
| Prepaid                    expenses and other current assets                                                                                                                                                         |   |                         | 153,276    |                        |   | 59,328 |   |
| Deferred                    tax asset                                                                                                                                                                                |   |                         | 805,516    |                        |   | 234,656 |   |
| Total                    current assets                                                                                                                                                                              |   |                         | 14,951,151 |                        |   | 16,119,269 |   |
|                                                                                                                                                                                                                 |   |                         |       |                        |   |  |   |
| Property                    and equipment, net                                                                                                                                                                       |   |                         | 810,513    |                        |   | 844,919 |   |
| Acquired                    intangibles, net                                                                                                                                                                         |   |                         | 1,379,253  |                        |   | 1,789,773 |   |
| Goodwill                                                                                                                                                                                                             |   |                         | 7,433,057  |                        |   | 5,532,223 |   |
| Employee                    loan receivable                                                                                                                                                                          |   |                         | 40,000     |                        |   | 80,000 |   |
| Investment                    in real estate                                                                                                                                                                         |   |                         | 40,000     |                        |   | 40,000 |   |
| Deposits                    and other assets                                                                                                                                                                         |   |                         | 173,056    |                        |   | 618,153 |   |
|                                                                                                                                                                                                                 |   | $                            | 24,827,030 |                        | $      | 25,024,337 |   |
|                                                                                                                                                                                                                 |   |                         |       |                        |   |  |   |
| **LIABILITIES                    AND STOCKHOLDERS' EQUITY**                                                                                                                                                          |   |                         |       |                        |   |  |   |
| Current                    liabilities -                                                                                                                                                                             |   |                         |       |                        |   |  |   |
| Notes                    payable                                                                                                                                                                                     |   | $                            | 233,306    |                        | $      | 800,000 |   |
| Accounts                    payable and accrued transportation costs                                                                                                                                                 |   |                         | 9,709,769  |                        |   | 13,270,756 |   |
| Commissions                    payable                                                                                                                                                                               |   |                         | 1,155,562  |                        |   | 700,020 |   |
| Other                    accrued costs                                                                                                                                                                               |   |                         | 205,845    |                        |   | 344,305 |   |
| Income                    taxes payable                                                                                                                                                                              |   |                         | 1,084,917  |                        |   | 224,696 |   |
| Total                    current liabilities                                                                                                                                                                         |   |                         | 12,389,399 |                        |   | 15,339,777 |   |
|                                                                                                                                                                                                                 |   |                         |       |                        |   |   |   |
| Long                    term debt                                                                                                                                                                                    |   |                         | 3,011,269  |                        |   | 1,974,214 |   |
| Deferred                    tax liability                                                                                                                                                                            |   |                         | 468,945    |                        |   | 608,523 |   |
| Total                    liabilities                                                                                                                                                                                 |   |                         | 15,869,613 |                        |   | 17,922,514 |   |
|                                                                                                                                                                                                                 |   |                         |       |                        |   |  |   |
| Minority                    Interest                                                                                                                                                                                 |   |                         | 11,840     |                        |   | 57,482 |   |
|                                                                                                                                                                                                                 |   |                         |       |                        |   |   |   |
| 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: 34,401,696 at March 31, 2008 and33,961,639                    at June 30, 2007 |   |                         | 15,857     |                        |   | 15,417 |   |
|                                                                                                                                                                                                                 |   |                         |       |                        |   |   |   |
| Additional                    paid-in capital                                                                                                                                                                        |   |                         | 7,539,252  |                        |   | 7,137,774 |   |
| Accumulated                    earnings (deficit)                                                                                                                                                                    |   |                         | 1,390,468  |                        |   | (108,850 | ) |
| Total                    stockholders’ equity                                                                                                                                                                  |   |                         | 8,945,577  |                        |   | 7,044,341 |   |
|                                                                                                                                                                                                                 |   | $                            | 24,827,030 |                        | $      | 25,024,337 |   |

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**RADIANT        LOGISTICS, INC.**

**Consolidated        Statements of Income (Operations)**

**(unaudited)**

|                                                                      |   | THREE                    MONTHS ENDEDMARCH                    31,   |       | NINE                    MONTHS ENDEDMARCH                    31,   |   |
|---------------------------------------------------------------------------|--------|-------------------------------------------------------------------------------|------------|------------------------------------------------------------------------------|--------|
|                                                                      |   |                                                                          |       |                                                                         |   |   |   |   |   |
|                                                                      |   | 2008                                                                          |       | 2007                                                                         |   | 2008 |   |  2007 |   |
|                                                                      |   |                                                                          |       |                                                                         |   |   |   |   |   |
| Revenue                                                                   |   | $                                                                             | 25,765,377 |                                                                         | $      | 19,394,026 |   | $ | 74,431,411 |   | $ | 52,155,055 |   |
| Cost                    of transportation                                 |   |                                                                          | 16,264,393 |                                                                         |   | 12,278,178 |   |   | 48,093,022 |   |   | 33,357,039 |   |
| Net                    revenues                                           |   |                                                                          | 9,500,984  |                                                                         |   | 7,115,848 |   |   | 26,338,389 |   |   | 18,798,016 |   |
|                                                                      |   |                                                                          |       |                                                                         |   |   |   |   |   |   |   |   |   |
| Agent                    commissions                                      |   |                                                                          | 6,611,130  |                                                                         |   | 5,419,646 |   |   | 18,617,364 |   |   | 14,389,716 |   |
| Personnel                    costs                                        |   |                                                                          | 1,199,467  |                                                                         |   | 659,130 |   |   | 3,836,707 |   |   | 1,747,252 |   |
| Selling,                    general and administrative expenses           |   |                                                                          | 1,268,558  |                                                                         |   | 742,061 |   |   | 2,703,589 |   |   | 1,760,558 |   |
| Depreciation                    and amortization                          |   |                                                                          | 238,822    |                                                                         |   | 209,348 |   |   | 720,426 |   |   | 600,295 |   |
| Total                    operating expenses                               |   |                                                                          | 9,317,977  |                                                                         |   | 7,030,185 |   |   | 25,878,086 |   |   | 18,497,821 |   |
|                                                                      |   |                                                                          |       |                                                                         |   |   |   |   |   |   |   |   |   |
| Income                    (loss) from operations                          |   |                                                                          | 183,007    |                                                                         |   | 85,663 |   |   | 460,303 |   |   | 300,195 |   |
|                                                                      |   |                                                                          |       |                                                                         |   |   |   |   |   |   |   |   |   |
| Other                    income (expense):                                |   |                                                                          |       |                                                                         |   |   |   |   |   |   |   |   |   |
| Interest                    income                                        |   |                                                                          | 800        |                                                                         |   | 2,490 |   |   | 3,200 |   |   | 6,801 |   |
| Interest                    expense                                       |   |                                                                          | (27,173    | )                                                                            |   | (5,397 | ) |   | (101,045 | ) |   | (15,849 | ) |
| Other-                    non recurring                                   |   |                                                                          |       |                                                                         |   |   |   |   | 1,918,146 |   |   |   |   |
| Other                                                                     |   |                                                                          | (47,811    | )                                                                            |   | (21,783 | ) |   | (54,550 | ) |   | (24,466 | ) |
| Total                    other income (expense)                           |   |                                                                          | (74,184    | )                                                                            |   | (24,690 | ) |   | 1,765,751 |   |   | (33,514 | ) |
|                                                                      |   |                                                                          |       |                                                                         |   |   |   |   |   |   |   |   |   |
| Income                    before income tax benefit and minority interest |   |                                                                          | 108,823    |                                                                         |   | 60,973 |   |   | 2,226,054 |   |   | 266,681 |   |
|                                                                      |   |                                                                          |       |                                                                         |   |   |   |   |   |   |   |   |   |
| Income                    tax expense                                     |   |                                                                          | 35,841     |                                                                         |   | 37,449 |   |   | 772,378 |   |   | 18,327 |   |
|                                                                      |   |                                                                          |       |                                                                         |   |   |   |   |   |   |   |   |   |
| Income                    before minority interest                        |   |                                                                          | 72,982     |                                                                         |   | 23,524 |   |   | 1,453,676 |   |   | 248,354 |   |
|                                                                      |   |                                                                          |       |                                                                         |   |   |   |   |   |   |   |   |   |
| Minority                    Interest                                      |   |                                                                          | 13,696     |                                                                         |   | (18 | ) |   | 45,642 |   |   | (18 | ) |
|                                                                      |   |                                                                          |       |                                                                         |   |   |   |   |   |   |   |   |   |
| Net                    income                                             |   | $                                                                             | 86,678     |                                                                         | $      | 23,506 |   | $ | 1,499,318 |   | $ | 248,336 |   |
|                                                                      |   |                                                                          |       |                                                                         |   |   |   |   |   |   |   |   |   |
| Net                    income per common share - basic                    |   | $                                                                             | -          |                                                                         | $      | - |   | $ | .04 |   | $ | .01 |   |
| Net                    income per common share - diluted                  |   | $                                                                             | -          |                                                                         | $      | - |   | $ | .04 |   | $ | .01 |   |
|                                                                      |   |                                                                          |       |                                                                         |   |   |   |   |   |   |   |   |   |
| Weighted                    average shares outstanding:                   |   |                                                                          |       |                                                                         |   |   |   |   |   |   |   |   |   |
| Basic                    shares                                           |   |                                                                          | 34,115,010 |                                                                         |   | 33,961,639 |   |   | 34,012,391 |   |   | 33,856,712 |   |
| Diluted                    shares                                         |   |                                                                          | 34,134,454 |                                                                         |   | 34,162,532 |   |   | 34,218,416 |   |   | 34,363,106 |   |

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**RADIANT        LOGISTICS, INC.**

|                                                                                 |   | THREE                    MONTHS ENDEDMARCH                    31, |                                               |  NINE                    MONTHS ENDEDMARCH                    31, |   |
|--------------------------------------------------------------------------------------|--------|-------------------------------------------------------------------|----------------------------------------------------|------------------------------------------------------------------------|--------|
|                                                                                 |   | 2008                                                              |                                               | 2007                                                                   |   | 2008 |   | 2007 |   |
|                                                                                 |   |                                                              |                                               |                                                                   |   |   |   |   |   |
| Adjusted                    EBITDA                                                   |   | $                                                                 | 495,241                                            |                                                                   | $      | 327,978 |   | $ | 1,415,870 |   | $ | 1,062,395 |   |
| Stock-based                    compensation and other non-cash charges               |   |                                                              | 107,527                                            |                                                                   |   | 54,768 |   |   | 244,049 |   |   | 186,389 |   |
| Change                    in Estimate of liabilities assumed in Airgroup Acquisition |   |                                                              |                                                    |                                                                   |   | - |   |   | 1,431,452 |   |   | - |   |
| Tax                    indemnity                                                     |   |                                                              |                           |                                                                   |   | - |   |   | 486,694 |   |   | - |   |
| EBITDA                                                                               |   |                                                              | 387,714                                            |                                                                   |   | 273,210 |   |   | 3,089,967 |   |   | 876,006 |   |
|                                                                                 |   |                                                              |                                               |                                                                   |   |   |   |   |   |   |   |   |   |
| Depreciation                    and amortization                                     |   |                                                              | 238,822                                            |                                                                   |   | 209,348 |   |   | 720,426 |   |   | 600,295 |   |
| Interest                    expense, net                                             |   |                                                              | 26,373                                             |                                                                   |   | 2,907 |   |   | 97,845 |   |   | 9,048 |   |
| Income                    tax expense                                                |   |                                                              | 35,841                                             |                                                                   |   | 37,449 |   |   | 772,378 |   |   | 18,327 |   |
| Net                    income                                                        |   |                                                              | 86,678                                             |                                                                   |   | 23,506 |   |   | 1,499,318 |   |   | 248,336 |   |
|                                                                                 |   |                                                              |                                               |                                                                   |   |   |   |   |   |   |   |   |   |
| ADJUSTMENTS                    TO RECONCILE NET INCOME (LOSS) TO NET CASH            |   |                                                              |                                               |                                                                   |   |   |   |   |   |   |   |   |   |
| PROVIDED                    BY OPERATING ACTIVITIES:                                 |   |                                                              |                                               |                                                                   |   |   |   |   |   |   |   |   |   |
| Non-cash                    compensation expense (stock options)                     |   |                                                              | 57,282                                             |                                                                   |   | 49,255 |   |   | 150,384 |   |   | 141,876 |   |
| Stock                    issuable for investor relations services                    |   |                                                              | 37,500                                             |                                                                   |   |   |   |   | 37,500 |   |   |   |   |
| Amortization                    of intangibles                                       |   |                                                              | 136,840                                            |                                                                   |   | 152,956 |   |   | 410,520 |   |   | 458,871 |   |
| Depreciation                    and amortization                                     |   |                                                              | 101,982                                            |                                                                   |   | 56,392 |   |   | 309,906 |   |   | 141,423 |   |
| Amortization                    of deferred tax liability                            |   |                                                              | (46,526                                            | )                                                                      |   | (52,005 | ) |   | (139,578 | ) |   | (156,016 | ) |
| Other                    deferred taxes                                              |   |                                                              | 10,935                                             |                                                                   |   | 11,935 |   |   | (570,860 | ) |   | (6,661 | ) |
| Minority                    interest in income of subsidiaries                       |   |                                                              | (13,697                                            | )                                                                      |   | 12,018 |   |   | (45,642 | ) |   | 12,018 |   |
| Amortization                    of employee receivable                               |   |                                                              |                                                    |                                                                   |   |  |   |   | 40,000 |   |   | 40,000 |   |
| Provision                    for doubtful accounts                                   |   |                                                              | 165,629                                            |                                                                   |   | 24,517 |   |   | 381,533 |   |   | 23,369 |   |
| Tax                    indemnity                                                     |   |                                                              |                                                    |                                                                   |   |   |   |   | (486,694 | ) |   | - |   |
| Change                    in purchased accounts receivable                           |   |                                                              |                                               |                                                                   |   | - |   |   | - |   |   | (6,128 | ) |
|                                                                                 |   |                                                              |                                               |                                                                   |   |   |   |   |   |   |   |   |   |
| CHANGE                    IN OPERATING ASSETS AND LIABILITIES:                       |   |                                                              |                                               |                                                                   |   |   |   |   |   |   |   |   |   |
| Accounts                    receivable                                               |   |                                                              | (782,232                                           | )                                                                      |   | (1,792,191 | ) |   | 1,145,236 |   |   | (3,182,902 | ) |
| Other                    receivables                                                 |   |                                                              | (2,375                                             | )                                                                      |   | (1,200 | ) |   | (8,792 | ) |   | (1,271 | ) |
| Prepaid                    expenses and other current assets                         |   |                                                              | (40,983                                            | )                                                                      |   | (3,269 | ) |   | 334,898 |   |   | (33,100 | ) |
| Accounts                    payable & accrued transportation costs               |   |                                                              | 139,819                                            |                                                                   |   | 1,358,876 |   |   | (3,346,953 | ) |   | 3,458,480 |   |
| Commissions                    payable                                               |   |                                                              | 450,906                                            |                                                                   |   | 317,847 |   |   | 455,542 |   |   | 547,167 |   |
| Other                    accrued costs                                               |   |                                                              | 15,016                                             |                                                                   |   | 8,881 |   |   | (138,460 | ) |   | (47,966 | ) |
| Income                    taxes payable                                              |   |                                                              | (178,568                                           | )                                                                      |   | (505,887 | ) |   | 860,221 |   |   | (880,564 | ) |
| Total                    adjustments                                                 |   |                                                              | 51,528                                             |                                                                   |   | (361,875 | ) |   | (611,239 | ) |   | 508,596 |   |
|                                                                                 |   |                                                              |                                               |                                                                   |   |   |   |   |   |   |   |   |   |
| Net                    cash provided (used) by operating activities                  |   | $                                                                 | 138,206                                            |                                                                   | $      | (338,369 | ) | $ | 888,079 |   | $ | 756,932 |   |

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