Radiant Communications Corp.
TSX VENTURE : RCN

Radiant Communications Corp.

May 13, 2009 18:40 ET

Radiant Retains Leading Investor Relations Firm

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 13, 2009) - Radiant Communications Corp. (TSX VENTURE:RCN), Canada's leading supplier of Broadband Solutions for Business™, announced today that it has retained The Equicom Group Inc. to provide Radiant with strategic investor relations and communications services. Equicom is a wholly-owned subsidiary of the TMX Group Inc.

Equicom provides investor relations services to public companies in Canada and specializes in the development and execution of tailored, strategic investor communication programs. Equicom is a wholly-owned subsidiary of the TMX Group Inc. and is headquartered in Toronto with offices in Montreal and Calgary. The principals and representations of Equicom hold no common shares of Radiant either directly or indirectly.

The investor relations agreement between Radiant and Equicom (the "Agreement") is effective May 1, 2009 and is for an initial term of one year. Compensation paid by the Company to Equicom under the Agreement will be CAD$5,500 per month for an aggregate annual work fee of CAD$66,000. Pursuant to the Agreement, Equicom will be responsible for designing and implementing a customized investor relations strategy that clearly identifies Radiant's market position and potential. Equicom will also provide the Company with a number of other services including: providing ongoing capital markets counsel; preparation of investor relations materials and content; coordination of capital markets outreach with key members of the professional investment community; development of retail broker relations; providing market feedback from investors; providing planning and logistical support for the Company's Annual General Meetings; coordination of basic media relations; and responding to shareholder inquiries.

ABOUT RADIANT COMMUNICATIONS

Headquartered in Vancouver, Canada, Radiant Communications (www.radiant.net) provides businesses with a comprehensive range of IP-based data communications services including the largest on-net DSL footprint across Canada & the US, T1 and E10/E100 fibre broadband, coupled with MPLS, IPSec, and SSL private networking. From its data centres in Toronto and Vancouver, Radiant also delivers cloud computing services connected directly into customers' private networks. The cloud computing services include hosting mission-critical applications, disaster recovery/business continuity, and fully managed Microsoft Exchange.

In operation since 1996, the company currently serves over 18,000 business locations in Canada and the United States from its offices in Vancouver, Toronto, Montreal, Calgary, and Edmonton.

Broadband Solutions for Business and AlwaysThere are registered trademarks of Radiant Communications Corp. All other trademarks, service marks, registered trademarks, or registered service marks are the property of their respective owners.

This press release may contain forward-looking statements, including statements regarding the business and anticipated financial performance of Radiant, which involve risks and uncertainties. These risks and uncertainties may cause Radiant's actual results to differ materially from those contemplated by the forward-looking statements. Factors that might cause or contribute to such differences include, among others, competitive pressures, the growth rate of the Internet and telecommunications concerns, constantly changing technology and market acceptance of Radiant's products and services. Investors are also directed to consider the other risks and uncertainties discussed in Radiant's required financial statements and filings. All other companies and products listed herein may be trademarks or registered trademarks of their respective holders.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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