Navarre Corporation Announces Dismissal of Sybersound Records Case Against Company's BCI Subsidiary

Navarre Corporation Announces Dismissal of Sybersound Records Case Against Company's BCI Subsidiary

MINNEAPOLIS, Jan. 11 /PRNewswire-FirstCall/ -- Navarre Corporation (NASDAQ:NAVR), a publisher and distributor of a broad range of home entertainment and multimedia software products, announced today that the previously reported Sybersound Records, Inc. lawsuit against the Company's subsidiary BCI was dismissed with prejudice by the United States District Court for the Central District of California.

Ryan Urness, General Counsel of Navarre Corporation, commented, "We are glad that the court dismissed the case. This dismissal validates that BCI holds itself to the strict business practice of signing appropriate licensing agreements for the works it publishes."

About Navarre Corporation

Navarre Corporation (NASDAQ:NAVR) is a publisher and distributor of a broad range of home entertainment and multimedia products, including PC software, CD audio, DVD and VHS video, video games and accessories. Since its founding in 1983, the company has established distribution relationships with customers across a wide spectrum of retail channels which includes mass merchants, discount, wholesale club, office and music superstores, military and e-tailers nationwide. The company currently provides its products to over 18,000 retail and distribution center locations throughout the United States and Canada. Navarre has recently expanded its business to include the licensing and publishing of home entertainment and multimedia content, primarily through the acquisitions of Encore Software, Inc., BCI Eclipse Company, LLC, FUNimation Productions, Ltd. and the FUNimation Stores, Ltd. For more information, please visit the company's web site at http://www.navarre.com/ .

Source: Navarre Corporation

CONTACT: Haug Scharnowski, VP Corporate Relations of Navarre
Corporation, +1-763-535-8333, or hscharnowski@navarre.com

Web site: http://www.navarre.com/

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