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Technology Stocks : Audio and Radio on the Internet- NAVR -- Ignore unavailable to you. Want to Upgrade?

To: Probart who wrote (6851)	2/8/1999 5:39:00 PM
From: Gravitar	Read Replies (2) \| Respond to of 27722

Net Radio Corporation Provides Update OnPlans to File Registration Statement for Initial Public Offering ofCommon Stock February 8, 1999 05:30 PM MINNEAPOLIS--(BUSINESS WIRE)--Feb. 8, 1999--Net Radio Corporation, a majority-owned subsidiary of Navarre Corporation NAVR , today confirmed its previously announced intention to file a registration statement with the Securities and Exchange Commission for an initial public offering of common stock. Net Radio expects to file its registration statement with the SEC within the next several weeks. NetRadio Network produces and delivers music, information and original programming on more than 120 unique channels. CDPoint(R) , NetRadio's proprietary and fully integrated online music retail store, with more than 250,000 available titles, allows listeners to enjoy music and then simply click their mouse to immediately buy what they are enjoying in real-time. A registration regarding these securities has not been filed with the Securities and Exchange Commission. These securities may not be sold nor may orders be accepted prior to the time the registration statement is filed and becomes effective, and such offer can only be made by prospectus. This release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any State or Country in which such offer, solicitation or sale would be unlawful prior to registration or qualifications under the securities laws of any such State or Country, and can only be made by the prospectus