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June 25, 2012 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE MKT: RLGT), a domestic and international logistics services company, today announced that it is set to join the Russell Microcap Index as Russell Investments reconstitutes its comprehensive set of U.S. equity indexes on
June 25th, 2012, according to the reconstitution schedule and final list of company additions posted
June 22nd, 2012, on
"We are proud of what we have accomplished to date and look forward to continuing to build upon this great platform at Radiant. We believe our inclusion in the Russell Microcap
Index will create additional investor awareness and support the broadening of our shareholder base," said
Bohn Crain, Founder and CEO of Radiant Logistics. "We are delighted to be positioned to gain additional recognition from investors who use this index as part of their investment strategy as we advance our own growth strategy in transportation and logistics."
The Russell Microcap Index is well regarded and proactively used by investment managers as well as institutional investors. Membership in the Russell Microcap Index for its equity indexes depends on the market capitalization, objectives and style attributes of the company. This membership lasts for one year and implies inclusion in the appropriate growth and value style indexes.
"Along with our recent uplisting onto the NYSE MKT stock exchange, inclusion within the Russell Index is another nice validation of the steady progress we have made over the past few years," added Crain. "Both milestones represent years of hard work and dedication across our entire network and we look forward to continued progress as we continue executing our growth strategy here at Radiant. It's the Network that Delivers!"
About Radiant Logistics (NYSE MKT: RLGT)
Radiant Logistics (
www.RadiantDelivers.com) is a non-asset based transportation and logistics company providing domestic and international freight forwarding and fulfillment services through a network of company-owned and exclusive agent offices across North America. The company operates under the Radiant, Airgroup, Adcom, and DBA brands servicing a diversified account base including manufacturers, distributors and retailers using a network of independent carriers and international agents positioned strategically around the world.