NC, Burj, Susan,
Keep an eye on NAVR... now the primary distributor of the Linux OS plus NetRadio... HOT combination...
BusinessWire, Wednesday, April 07, 1999 at 16:50
MINNEAPOLIS--(BUSINESS WIRE)--April 7, 1999--Navarre Corporation
(NASDAQ:NAVR) today announced that it has entered into distribution
relationships for the new and emerging Linux Operating System with the
four premier publishers: Caldera Systems, Red Hat Software, Inc.,
SuSE, Inc. and Simon & Schuster Interactive. Navarre is a major
supplier of software for the nation's major consumer retailers and
e-commerce resellers.
The Linux operating system directs the operation of a personal
computer and permits its applications to run. Alternate operating
systems include DOS, Windows 98, OS/2, and MacOS. Linux differs
distinctly from the other operating systems in numerous ways including
its portability between platforms, Unix-based code, and its very
affordable price. PC companies offering the Linux operating system
include IBM and Sun Microsystems.
Ian Warfield, Vice President and General Manager of Navarre
Corporation's Computer Products Division stated "Navarre's strength as
a market leader in the distribution of consumer software makes it a
natural transition to become a powerful presence in this new and
growing category. It is Navarre's intention to play a strategic
leadership role in the deployment of Linux and related software to the
consumer channel through its business partners."
Navarre Corporation operates one of the first "business to
business" Internet e-commerce web sites navarre.com and
provides fulfillment for both traditional and e-commerce retailers.
Navarre Corporation's major business groups are: Computer Products
Division which publishes and distributes quality consumer software to
retailers nationwide; Independent Music Distribution which is the
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 which is the premier Internet radio
network featuring 120 channels of originally programmed audio content
at: netradio.net (TM), and its online stores CDPoint
(http://www.CDPoint.com (TM)).
This press release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended, which
are intended to be covered by the safe harbors created hereby.
Statements in this release that are not strictly historical are
"forward looking" statements which are subject to risk and
uncertainty. Investors are cautioned that all "forward-looking"
statements contained herein may not be reasonable and assumptions
could be inaccurate, and should not be construed, considered or
assumed as guarantees. The inclusion of such information should not be
regarded as a representation or guarantee, by the Company, or any
other person, that the objections and plans, stated herein, will be
achieved. Unknown factors could cause actual results to differ as well
as other risks detailed in the Company's reports filed with the
Securities and Exchange Commission, including its prospectuses, 10K
and 10Q filings.
CONTACT: Navarre Corporation
Terri Bonoff, 612/535-8333
tbonoff@navarre.com
or
Dresner Corporate Services, Inc.
Spencer Maus, Director
Allison Gabrys, Manager
312/726-3200
smaus@dresnerco.com
|
