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Monday, June 19, 2006

Navarre's FUNimation Entertainment Announces the Launch of the FUNimation Channel in Los Angeles

Navarre's FUNimation Entertainment Announces the Launch of the FUNimation Channel in Los Angeles

The FUNimation Channel Now Available 24/7 on LA 18 - KSCI TV's Digital Channel LA 18.3

FORT WORTH, Texas, June 19 /PRNewswire-FirstCall/ -- FUNimation Entertainment, a wholly-owned subsidiary of Navarre Corporation (NASDAQ:NAVR) and the market share leader for home video sales of Japanese animation in the United States, announced today that the FUNimation Channel is now live in Los Angeles. Available via digital broadcast on LA 18.3, the FUNimation Channel provides 24-hour digital programming featuring top anime brands in the United States to over five million households in the Los Angeles area.

"We are very excited to be working with LA 18 to bring our 24-hour anime channel to the Los Angeles market," said Gen Fukunaga, president and CEO of FUNimation Entertainment. "LA 18 has a large, established broadcast base of over 5 million households and provides anime and entertainment fans with an opportunity to receive the FUNimation Channel free via over-the-air, digital broadcast."

"FUNimation Entertainment offers the perfect compliment for LA 18. Programming the best in anime from Japan allows us to reach a younger demo as it extends our vision to entertain, inform and connect with our audience," explained Peter Mathes, chairman AsianMedia Group, the parent company for LA 18.

LA 18 has served Southern California's culturally diverse, multilingual community for more than 30 years. It has developed into a station for the multitude of different Asian groups in Southern California offering a unique assortment of news, sports, drama, and entertainment programs aired in 13 different languages.

The FUNimation Channel is a 24-hour digital network featuring programming from top anime brands in the United States. It is available in the Los Angeles area via digital broadcast on LA 18's digital channel LA 18.3. FUNimation is working with OlympuSAT, a leading distributor of independent digital programming networks, for the distribution of the FUNimation Channel. OlympuSAT is the exclusive distributor of the FUNimation Channel, which is now available to video service providers across the nation.

For more information on the FUNimation Channel and how to get it in your area, log on to http://www.funimationchannel.com/ .

About FUNimation Entertainment

FUNimation(R) Entertainment, a wholly-owned subsidiary of Navarre Corporation (NASDAQ:NAVR), is the leading company for home video sales of Japanese animation in the United States. FUNimation is known for acquiring top-rated anime series from Japan and for developing some of North America's most popular anime series. The company has a proven formula for launching and advancing brands, and manages a full spectrum of rights for most of its brands including broadcasting, licensing, production, internet, and home video sales and distribution. For images, or more information on FUNimation or any of its properties, contact Jeff Dronen at 817-788-0627, ext. 251 or jeff.dronen@funimation.com .

About LA 18 / KSCI-TV

Founded in 1976, LA 18 is Southern California's #1 Asian-language TV station bringing news and entertainment, in 13 languages, to the largest U.S. Asian market with over 2.5 million Asian consumers. LA 18 airs daily local news in Mandarin, Korean, and Vietnamese and produces daily variety shows in Mandarin and Tagalog. LA 18's over-the-air signal covers 6.2 million TV households in the Los Angeles and San Diego television markets. LA 18 is also carried by all cable systems, DirecTV and DISH Network in the L.A. DMA. LA 18 and its sister station KIKU-TV Honolulu are represented nationally by Petry Media Corporation.

For more information, please visit http://www.la18.tv/ .

Source: Navarre Corporation

CONTACT: Jeff Dronen of FUNimation Entertainment,
+1-817-788-0627, ext. 251, jeff.dronen@funimation.com

Web site: http://www.navarre.com/
http://www.funimationchannel.com/
http://www.la18.tv/

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