**EXHIBIT      99.1**

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

**RADIANT      ANNOUNCES FIRST QUARTER RESULTS AND REAFFIRMS ANTICPATED ORGANIC REVENUE GROWTH      OF 30-40%**

**Expansion      Plans Remain on Track with Calendar Year 2007 Revenues**

**Targeted      at $65-$70 Million**

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| *(Amounts                in 000’s)*    |   | Three                months endedJune                30, |   |
|----------------------------------------------|--------|----------------------------------------------------------|--------|
|                                         |   | 2006                                                     |   | 2005 |   |
| Net                income (loss)             |   | $                                                        | 160    |   | $ | (15 | ) |
|                                         |   |                                                     |   |   |   |   |   |
| Depreciation                and amortization |   |                                                     | 186    |   |   | — |   |
| Interest                expense, net         |   |                                                     | 5      |   |   | 1 |   |
| Income                tax expense (benefit)  |   |                                                     | 2      |   |   | — |   |
|                                         |   |                                                     |   |   |   |   |   |
| EBITDA                                       |   |                                                     | 353    |   |   | (14 | ) |
| Stock-based                compensation      |   |                                                     | 45     |   |   |   |   |
| Adjusted                EBITDA               |   | $                                                        | 398    |   | $ | (14 | ) |

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*About      Radiant Logistics (OTC BB: RLGT)*

*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, such      factors include, but are not limited to, the level of economic activity of      our current customers, our ability to attract and retain new and existing      customers, competitive conditions in our industry, our ability to successfully      integrate newly established stations into our network, our ability to maintain relationships with our exclusive agents, our ability to identify      and secure additional financing to execute our growth strategy, and those other      factors disclosed in our Transition Report on Form 10-KT under the caption      "Risk      Factors" and other filings 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.*

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**RADIANT      LOGISTICS, INC.**

**(f/k/a      Golf Two, Inc.)**

**Consolidated      Balance Sheets**

**(UNAUDITED)**

|                                                                                                                                                                                                |   | September                30, |       | June                30, |   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|------------------------------|------------|-------------------------|--------|
|                                                                                                                                                                                                |   | 2006                         |       | 2006                    |   |
| **ASSETS**                                                                                                                                                                                          |   |                         |       |                    |   |
| Current                assets -                                                                                                                                                                     |   |                         |       |                    |   |
| Cash                and cash equivalents                                                                                                                                                            |   | $                            | 894,711    |                    | $      | 510,970 |   |
| Accounts                receivable, net of allowance for doubtful accounts of $201,682                at September, 30 2006 and $202,830 at June 30, 2006                                           |   |                         | 8,290,692  |                    |   | 8,487,899 |   |
| Current                portion of employee loan receivables and other receivables                                                                                                                   |   |                         | 41,929     |                    |   | 40,329 |   |
| Prepaid                expenses and other current assets                                                                                                                                            |   |                         | 12,276     |                    |   | 93,087 |   |
| Deferred                tax asset                                                                                                                                                                   |   |                         | 232,864    |                    |   | 277,417 |   |
| Total                current assets                                                                                                                                                                 |   |                         | 9,472,472  |                    |   | 9,409,702 |   |
|                                                                                                                                                                                                |   |                         |       |                    |   |  |   |
| Furniture                and equipment, net                                                                                                                                                         |   |                         | 559,359    |                    |   | 258,119 |   |
| Acquired                intangibles, net                                                                                                                                                            |   |                         | 2,248,641  |                    |   | 2,401,600 |   |
| Goodwill                                                                                                                                                                                            |   |                         | 4,718,189  |                    |   | 4,712,062 |   |
| Employee                loan receivable                                                                                                                                                             |   |                         | 120,000    |                    |   | 120,000 |   |
| Investment                in real estate                                                                                                                                                            |   |                         | 40,000     |                    |   | 40,000 |   |
| Deposits                and other assets                                                                                                                                                            |   |                         | 118,025    |                    |   | 103,376 |   |
|                                                                                                                                                                                                |   | $                            | 17,276,686 |                    | $      | 17,044,859 |   |
|                                                                                                                                                                                                |   |                         |       |                    |   |  |   |
| **LIABILITIES                AND STOCKHOLDERS' EQUITY (DEFICIT)**                                                                                                                                   |   |                         |       |                    |   |  |   |
| Current                liabilities -                                                                                                                                                                |   |                         |       |                    |   |  |   |
| Accounts                payable                                                                                                                                                                     |   | $                            | 4,680,473  |                    | $      | 4,096,538 |   |
| Accrued                transportation costs                                                                                                                                                         |   |                         | 1,562,873  |                    |   | 1,501,374 |   |
| Commissions                payable                                                                                                                                                                  |   |                         | 506,976    |                    |   | 429,312 |   |
| Other                accrued costs                                                                                                                                                                  |   |                         | 255,684    |                    |   | 303,323 |   |
| Income                taxes payable                                                                                                                                                                 |   |                         | 847,450    |                    |   | 1,093,996 |   |
| Total                current liabilities                                                                                                                                                            |   |                         | 7,853,456  |                    |   | 7,424,543 |   |
|                                                                                                                                                                                                |   |                         |       |                    |   |   |   |
| Long                term debt                                                                                                                                                                       |   |                         | 1,867,838  |                    |   | 2,469,936 |   |
| Deferred                tax liability                                                                                                                                                               |   |                         | 764,538    |                    |   | 816,544 |   |
| Total                liabilities                                                                                                                                                                    |   |                         | 10,485,832 |                    |   | 10,711,023 |   |
|                                                                                                                                                                                                |   |                         |       |                    |   |  |   |
| Commitments                & contingencies                                                                                                                                                      |   |                         | —    |                    |   | — |   |
|                                                                                                                                                                                                |   |                         |       |                    |   |  |   |
| 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: 33,861,639 at September 30, 2006 and 33,611,639                at June 30, 2006 |   |                         | 17,567     |                    |   | 15,067 |   |
| Additional                paid-in capital                                                                                                                                                           |   |                         | 6,885,347  |                    |   | 6,590,355 |   |
| Accumulated                deficit                                                                                                                                                                  |   |                         | (112,060   | )                       |   | (271,586 | ) |
| Total                Stockholders’ equity                                                                                                                                                     |   |                         | 6,790,854  |                    |   | 6,333,836 |   |
|                                                                                                                                                                                                |   | $                            | 17,276,686 |                    | $      | 17,044,859 |   |

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**RADIANT      LOGISTICS, INC.**

**(f/k/a      Golf Two, Inc.)**

**Consolidated      Statements of Income (Operations)**

**(UNAUDITED)**

|                                                             |   | THREE                MONTHS ENDEDSEPTEMBER                30, |       |
|------------------------------------------------------------------|--------|---------------------------------------------------------------|------------|
|                                                             |   | 2006                                                          |       |  2005 |   |
|                                                             |   |                                                          |       |    |   |
| Revenue                                                          |   | $                                                             | 14,417,101 |   | $ | — |   |
| Cost                of transportation                            |   |                                                          | 9,423,319  |   |   | — |   |
| Net                transportation revenues                       |   |                                                          | 4,993,782  |   |   | — |   |
|                                                             |   |                                                          |       |   |   |   |   |
|                                                             |   |                                                          |       |   |   |   |   |
| Agent                Commissions                                 |   |                                                          | 3,727,317  |   |   | — |   |
| Personnel                costs                                   |   |                                                          | 507,032    |   |   | — |   |
| Selling,                general and administrative expenses      |   |                                                          | 405,905    |   |   | 14,075 |   |
| Depreciation                and amortization                     |   |                                                          | 186,106    |   |   | — |   |
| Total                operating expenses                          |   |                                                          | 4,826,360  |   |   | 14,075 |   |
|                                                             |   |                                                          |       |   |   |   |   |
| Income                (loss) from operations                     |   |                                                          | 167,422    |   |   | (14,075 | ) |
|                                                             |   |                                                          |       |   |   |   |   |
| Other                income (expense):                           |   |                                                          |       |   |   |   |   |
| Interest                income                                   |   |                                                          | 1,805      |   |   | — |   |
| Interest                expense                                  |   |                                                          | (7,491     | ) |   | (500 | ) |
| Other                                                            |   |                                                          | (402       | ) |   | — |   |
| Total                other income (expense)                      |   |                                                          | (6,088     | ) |   | (500 | ) |
|                                                             |   |                                                          |       |   |   |   |   |
| Income                (loss) before income tax expense (benefit) |   |                                                          | 161,334    |   |   | (14,575 | ) |
|                                                             |   |                                                          |       |   |   |   |   |
| Income                tax (benefit)                              |   |                                                          | 1,808      |   |   | — |   |
| Net                income (loss)                                 |   | $                                                             | 159,526    |   | $ | (14,575 | ) |
|                                                             |   |                                                          |       |   |   |   |   |
| Net                income (loss) per common share - basic        |   | $                                                             | 0.00       |   | $ | 0.00 |   |
| Net                income (loss) per common share - diluted      |   | $                                                             | 0.00       |   | $ | 0.00 |   |
|                                                                  |   |                                                          |       |   |   |   |   |
| Weighted                average shares outstanding:              |   |                                                          |       |   |   |   |   |
| Basic                shares                                      |   |                                                          | 33,652,400 |   |   | 25,964,176 |   |
| Diluted                share                                     |   |                                                          | 36,137,182 |   |   | 25,964,176 |   |

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**RADIANT      LOGISTICS, INC.**

|                                                         |   | THREE                MONTHS ENDEDSEPTEMBER                30, |      |
|--------------------------------------------------------------|--------|---------------------------------------------------------------|-----------|
|                                                         |   | 2006                                                          |      |  2005 |   |
| Adjusted                EBITDA                               |   | $                                                             | 398,119   |   | $ | (14,075 | ) |
| Stock-based                compensation                      |   |                                                          | 44,992    |   |   | — |   |
| EBITDA                                                       |   |                                                          | 353,127   |   |   | (14,075 | ) |
|                                                         |   |                                                          |      |   |   |   |   |
| Depreciation                and amortization                 |   |                                                          | 186,106   |   |   | — |   |
| Interest                expense net of interest income       |   |                                                          | 5,686     |   |   | 500 |   |
| Income                tax expense (benefit)                  |   |                                                          | 1,809     |   |   | — |   |
| Net                income (loss)                             |   |                                                          | 159,526   |   |   | (14,575 | ) |
|                                                         |   |                                                          |      |   |   |   |   |
|                                                         |   |                                                          |      |   |   |   |   |
| ADJUSTMENTS                TO RECONCILE NET LOSS TO NET CASH |   |                                                          |      |   |   |   |   |
| PROVIDED                BY (USED FOR) OPERATING ACTIVITIES:  |   |                                                          |      |   |   |   |   |
| non-cash                contribution to capital (rent)       |   |                                                          | —   |   |   | 300 |   |
| non-cash                compensation expense (stock options) |   |                                                          | 44,992    |   |   | — |   |
| amortization                of intangibles                   |   |                                                          | 152,959   |   |   | — |   |
| amortization                of deferred tax liability        |   |                                                          | (52,006   | ) |   | — |   |
| depreciation                                                 |   |                                                          | 25,994    |   |   |   |   |
| amortization                                                 |   |                                                          | 7,153     |   |   | — |   |
| provision                for doubtful accounts               |   |                                                          | —   |   |   | — |   |
| change                in accounts receivable                 |   |                                                          | (6,128    | ) |   | — |   |
|                                                         |   |                                                          |      |   |   |   |   |
| CHANGE                IN OPERATING ASSETS AND LIABILITIES:   |   |                                                          |      |   |   |   |   |
| restricted                cash                               |   |                                                          | —   |   |   | (9,340 | ) |
| accounts                receivable                           |   |                                                          | 197,207   |   |   | — |   |
| employee                receivable and other receivables     |   |                                                          | (1,600    | ) |   | — |   |
| prepaid                expenses and other current assets     |   |                                                          | 103,562   |   |   | — |   |
| accounts                payable                              |   |                                                          | 583,935   |   |   | — |   |
| accrued                transportation costs                  |   |                                                          | 61,499    |   |   | — |   |
| commissions                payable                           |   |                                                          | 77,664    |   |   | — |   |
| other                current liabilities                     |   |                                                          | (47,639   | ) |   | 500 |   |
| income                tax payable                            |   |                                                          | (246,546  | ) |   | — |   |
| Net                cash provided by (used for)               |   |                                                          |      |   |   |   |   |
| operating                activities                          |   | $                                                             | 1,060,572 |   | $ | (23,115 | ) |
|                                                         |   |                                                          |      |   |   |   |   |

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