Navarre Forms Strategic Alliance With theglobe.com

Minneapolis, MN-based Navarre Corp.
entered into a strategic
alliance with online community site theglobe.com to become a supplier of
software for globeDirect, theglobe.com’s e-commerce initiative.

“Navarre’s strength as the market leader in distribution of entertainment
software and theglobe.com as an
exciting new Internet marketer, provide both companies with a terrific
opportunity,” said Eric Paulson, president and CEO of Navarre. “Our combined
efforts will result in consumers having instant
access to the hottest consumer software.”

Financial terms of the agreement were not disclosed.

“We chose Navarre as a strategic fulfillment partner for our new e-commerce
strategy because of their high quality distribution system, in-stock position
and customer service orientation,” said Todd Krizelman, co-CEO and co-
president of theglobe.com. “Navarre has tremendous expertise in Internet
distribution fulfillment and is rapidly becoming the leading distributor for
e-commerce sites.”

Navarre’s major business groups are: Computer Products Division, which
publishes and distributes quality consumer software to retailers nationwide;
Independent Music Distribution, which is a major distributor of independent
music labels in the United States and now Canada; ARM which distributes major
label music to non-traditional retail outlets; DVD Home Video distribution;
and the majority-owned subsidiary NetRadio Network, featuring 150 channels of
originally programmed audio content, and its online stores, CDPoint and SoftwarePoint.

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