Navarre Corporation Announces the Nomination of Kathleen P. Iverson for Election to Its Board of Directors

2008-07-25 08:00:00

Navarre Corporation Announces the Nomination of Kathleen P. Iverson for Election to Its Board of Directors

    MINNEAPOLIS, July 25 /EMWPresswire/ -- Navarre Corporation

(Nasdaq: NAVR) a publisher and distributor of physical and digital home

entertainment and multimedia software products, today announced that

Kathleen P. Iverson has been nominated to stand for election to its board

of directors. Ms. Iverson will stand for election by the shareholders of

the company at Navarre's next annual shareholders' meeting, scheduled for

September 11, 2008.



    Since January 2003, Ms. Iverson has been the President and Chief

Executive Officer of CyberOptics Corporation, a manufacturer of optical

process control sensors and measurement inspection systems used in the

electronics assembly equipment and semiconductor industry. She joined

CyberOptics in January 2002 as its President and Chief Operating Officer.

Previously, Ms. Iverson was employed by Rosemount, Inc., a multinational

manufacturer of high performance instrumentation for the processing

industries and a subsidiary of Emerson Electric Co., from 1979 through

December 2001, and held various finance and leadership positions, including

Vice President/General Manager, Worldwide Temperature. Ms. Iverson is also

a Director of CyberOptics Corporation and has served in such capacity since

May 1998.



    Eric Paulson, Chairman of the Board of Directors, stated "Kathleen will

bring a wealth of managerial experience and financial expertise to our

board. Additionally, we anticipate that the inclusion of another public

company CEO to our board will provide new insight and perspectives. We look

forward to Kathleen's election by our shareholders as well as to her future

contributions to Navarre's strategic vision."



    With the election of Ms. Iverson and the other incumbent nominees,

Navarre's board would continue to have nine members, including seven

independent directors. The company's annual shareholders' meeting is

scheduled to be held at Navarre Corporation's corporate headquarters,

located at 7400 49th Avenue North, New Hope, MN, at 3:00 p.m., local time,

on Thursday, September 11, 2008.



    About Navarre Corporation



    Navarre(R) Corporation (Nasdaq: NAVR) is a publisher and distributor of

physical and digital home entertainment and multimedia products, including

PC software, DVD video, video games and accessories. Navarre develops,

licenses and publishes home entertainment and multimedia content through

its Encore, BCI, and FUNimation subsidiaries and has established

distribution relationships with customers across a wide spectrum of retail

channels. Navarre was founded in 1983 and is headquartered in New Hope,

Minnesota. Additional information regarding Navarre can be found at

http://www.navarre.com.





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