Navarre Corporation and Red Mile Entertainment Announce Exclusive Distribution Agreement

Navarre Corporation and Red Mile Entertainment Announce Exclusive Distribution Agreement

MINNEAPOLIS, Nov. 20 /PRNewswire-FirstCall/ -- Navarre Corporation (NASDAQ:NAVR), a publisher and distributor of physical and digital home entertainment and multimedia products, today announced an exclusive agreement to distribute all of Red Mile Entertainment's video game titles throughout North America.

Red Mile Entertainment is a worldwide developer and publisher of interactive entertainment software. The company licenses premier intellectual properties and develops products for every major video game platform. Recent releases include "Heroes of the Pacific" and "GripShift."

Brian Burke, president of Navarre Distribution Services, commented, "This agreement is a significant step forward in our strategy of developing exclusive content for our Distribution Services group. What makes this agreement unique is that Navarre will have exclusive distribution for all video games published by Red Mile Entertainment. With a solid track record of successful games and future games based on high-profile licenses such as MTV's 'Jackass,' we view Red Mile Entertainment as one of the most exciting new video game publishers in the industry."

Also commenting on the exclusive distribution agreement with Navarre, Chester Aldridge, CEO of Red Mile Entertainment, stated, "Having a broad and deep presence at retail is one of the most critical success factors in game publishing. Navarre's network of retail contacts and distribution expertise will be vital to us as we continue to expand our presence in the North American market."

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 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 19,000 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, BCI, and FUNimation. For more information, please visit the Company's web site at http://www.navarre.com/ .

About Red Mile Entertainment

Red Mile Entertainment, Inc. is a worldwide developer and publisher of interactive entertainment software. Headquartered in Sausalito, California, the company creates, incubates and licenses premier intellectual properties and develops products for console video game systems, personal computers and other interactive entertainment platforms. http://www.redmileentertainment.com/

First Call Analyst:
FCMN Contact: cfelber@navarre.com

Source: Navarre Corporation

CONTACT: Haug Scharnowski, Vice President Corporate Relations, Navarre
Corporation, +1-763-535-8333, hscharnowski@navarre.com , or Jennifer Jarman,
The Blueshirt Group for Red Mile Entertainment, +1-415-217-7722,
jennifer@blueshirtgroup.com

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

-------
Profile: intent