FUNimation Channel to be Part of Verizon’s FiOS TV Lineup

FUNimation Ent., a wholly-owned subsidiary of Navarre Corp., announced that the company has signed an agreement with Verizon for distribution of the FUNimation Channel as part of the Verizon FiOS TV service.

We are proud to be one of the channel offered through Verizons FiOS TV service, explained Gen Fukunaga, president/ceo of FUNimation Ent. This is another step in FUNimations broadcast strategy to bring the best anime to North America. We hope to grow with Verizons FiOS TV initiative and expand awareness of high quality anime series throughout the United States.

The FUNimation Channel is a 24-hour digital network featuring programming from top anime brands in the U.S. It will be added to the FiOS TV Premier package in summer 2006. Verizon FiOS TV offers a broad collection of all-digital programming, including more than 20 high-definition channels. It is now available in parts of north Texas, Florida, California, Virginia, Massachusetts, Maryland and New York, and will expand to other markets in 2006.

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.

Navarre Corp. 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. For more information, visit www.navarre.com.

FUNimation Ent. (www.funimation.com) is a brand management company and one of the nation's leading independent home video entertainment companies. The company manages a full spectrum of rights for most of its brands including broadcasting, licensing, production, Internet and home video sales and distribution.

OlympuSAT Inc. (www.olympusat.com) distributes independently owned and operated digital networks on individual transponder platforms and currently represents more than 20 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.

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