Navarre's FUNimation Entertainment Doubles Anime Programming for Syndicated Anime Block

Navarre's FUNimation Entertainment Doubles Anime Programming for Syndicated Anime Block

New 4-hour Block to Fill Key Prime Time Slots on CoLours TV Network

FORT WORTH, Texas, Sept. 7 /PRNewswire/ -- FUNimation(R) 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 it has doubled the content on its syndicated anime block to four hours. CoLours TV Network, available nationwide as part of DISH Network's basic satellite TV package, is the first broadcaster to pick up the extended block. The new block covers key prime time programming slots and will launch on September 11, 2006.

"Based on strong fan feedback and network partner response, we are pleased to announce that the FUNimation Channel syndicated anime block will double from two hours to four hours," said Gen Fukunaga, president and CEO of FUNimation Entertainment. "Once again this is outstanding news for anime and entertainment fans in the United States as we continue to offer new and exciting programming to a growing number of households."

"We are excited about expanding our line-up schedule with programming content that is in great demand by our urban, savvy viewers," said Tracy Winchester, President and CEO of CoLours TV.

The new extended block will feature uncut episodes from such fan favorites as the action-packed Yu Yu Hakusho, the anime classic The Slayers, and the hit comedy series Negima, which was voted as one of the top four best anime series by fans in Japan.

FUNimation's four-hour syndicated anime block is distributed by OlympuSAT and, along with the 24-hour anime programming on the FUNimation Channel, is available to broadcasters nationwide. CoLours TV Network will run FUNimation's syndicated anime block seven days a week starting at 8:00 p.m. ET.

About Navarre Corporation

Navarre Corporation (NASDAQ:NAVR) is a publisher and distributor of physical and digital 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 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 Store, Ltd. For more information, please visit the company's web site at http://www.navarre.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.

About CoLours TV

CoLours TV is America's first 24-hour cable and satellite network dedicated to multicultural programming and multi-ethnic issues. CoLours TV bridges the cultural divide by promoting realistic images of people of color through entertaining and informative programming about urban and ethnically diverse cultures. CoLours TV is currently available in more than 12 million TV households across the US and is distributed by OlympuSAT, a full service satellite distribution company. More information about CoLours is available at http://www.colourstv.org/ .

About OlympuSAT

OlympuSAT, Inc. distributes independently owned and operated digital networks on individual transponder platforms and currently represents more than twenty diverse channels through their Hispanic and Faith & Families Packs. A turnkey service provider, OlympuSAT facilitates technical related services for the transponder and uplink along with affiliate sales services. Additional services provided to networks include, as needed, master control, advertising sales and traffic and billing services. The OlympuSAT suites are distributed via Intelsat Americas 13. An affiliate of Ocean Communications, OlympuSAT is based in West Palm Beach Florida, serving homes nationwide. http://www.olympusat.com/

Source: FUNimation Entertainment

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

Web site: http://www.funimation.com/
http://www.navarre.com/
http://www.colourstv.org/
http://www.olympusat.com/

NOTE TO EDITORS: Images available

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