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To: KMFDM2000 who wrote (317)	3/3/1999 2:40:00 PM
From: kha vu	Read Replies (1) \| Respond to of 639

NAVR.... biz.yahoo.com ================================ NetRadio Corporation Files S-1 Registration MINNEAPOLIS--(BUSINESS WIRE)--March 3, 1999--NetRadio Corporation announced it has filed an S-1 Registration Statement with the Securities and Exchange Commission for an initial public offering of its common stock. EVEREN Securities, Inc. will be the lead underwriter. The Company is registering a total of $37,375,000 of common stock. All shares will be sold by the Company. The Company did not specify a price per share or offering range. The Company intends to use the proceeds for working capital and other corporate purposes including advertising and capital expenditures. NetRadio Corporation, a majority owned subsidiary of Navarre Corporation (Nasdaq: NAVR - news), is a leading broadcaster of originally programmed audio entertainment over the Internet through its Web site, www.netradio.com. NetRadio attracts and retains listeners by offering a wide variety of entertaining audio content broadcast over 120 distinct music and information channels. A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This communication 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 in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such State.