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FOR IMMEDIATE RELEASE For more information contact: Linda Duttenhaver Encore (310) 719-2846 [email protected]

MARVEL’s DAREDEVIL FOR NINTENDO GAME BOY ADVANCE TO DEBUT IN CONJUNCTION WITH FEBRUARY 2003 DAREDEVIL MOVIE

Next-generation console versions to follow with the movie’s home video release in fall 2003

Los Angeles – Oct. 24, 2002 – Encore, a wholly owned subsidiary of Navarre Corporation, today announced that it will publish a Game Boy Advance version of Marvel’s Daredevil that will release in conjunction with the February 2003 premiere of the highly anticipated New Regency/Marvel Studios/20th Century Fox Daredevil movie starring Ben Affleck and Jennifer Garner. The sidescrolling action game will incorporate many elements of the feature film including its characters, costumes, and Hell’s Kitchen, New York setting. The Game Boy Advance version of Daredevil will be followed by next- generation console versions of the game in the fall of 2003. The shipment of these console versions will coincide with the movie’s home video release. While the GBA version will take its artistic cues from the movie, the console versions will follow the more classic Marvel Comics style. Said Michael Bell, Encore’s CEO, “Next February’s movie release, the increasing popularity of the comic books, and our upcoming game will propel

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Daredevil into mainstream popular culture. He is an intriguing character who is well-suited to the GBA platform.” Added Russ Brown, senior vice president of consumer products at Marvel Enterprises, Inc., “We are excited to partner with Encore and extend the Daredevil franchise to the interactive world. Daredevil is one of Marvel’s most popular Super Heroes. His acrobatic prowess, keen senses, superlative fighting skills and rich history, which have made him a favorite in the comic book world, will definitely serve him well in the gaming community.” "We're thrilled to work on the Game Boy Advance title for Daredevil," said Steve Ettinger, vice president and executive studio director, Griptonite Games, a unit of Amaze Entertainment. "Making great games based on films and popular franchises such as Daredevil is what we do best. Our development team is passionate about this property, and we’re dedicated to making a fun title for both gamers and fans."

Daredevil Battles the Kingpin in New York’s Hell’s Kitchen New York’s crime gangs have escalated their activities to intolerable levels, and Daredevil is out to stop them. In this action-filled sidescroller, players get to be Daredevil as he fights his way through the underbelly of New York’s Hell’s Kitchen to defeat these criminals and their boss, the Kingpin. Daredevil will run, jump, fight and perform acrobatic maneuvers as he battles with the Kingpin, Elektra, Bullseye, Turk and the Sewer King, as well as numerous ninjas and mafia thugs. A unique feature of the game will be “Radar Sense,” which will allow Daredevil to see hidden enemies, react faster to his opponents, and read sonar waves that point to locked doors and secrets. The game will also feature 23 levels; gritty New York settings from the movie; and lots of tokens, power-ups, hidden items and game secrets based on movie details such as Ben Affleck’s and Jennifer Garner’s costumes. (more) Daredevil Videogame for Game Boy Advance – Page 3

Daredevil, the Marvel Comics Super Hero Daredevil is one of the most popular and best-selling comic book Super Heroes of all time. Since his introduction in 1964, over 40 million Daredevil comic books have been sold. The character was created by comics legend Stan Lee, who also introduced Super Hero icons Spider-Man, The X-Men, The Fantastic Four and The Incredible Hulk, among others. Daredevil continues to be one of Marvel’s most successful series, with a dedicated fan base estimated at millions worldwide. Daredevil consistently ranks as one of the industry’s top-selling titles, and, over the past 24 months, the comic book series has sold over 2 million copies (source: Diamond Distributors, the leading comic book distributor in the world).

Daredevil, the Movie The Daredevil movie is scheduled for release on February 14, 2003. The film is produced by Arnon Milchan, Gary Foster and Avi Arad (Marvel) and will be distributed by 20th Century Fox. It will star Ben Affleck ("The Sum of All Fears,'' "Pearl Harbor''), Jennifer Garner ("Alias''), Michael Clarke Duncan ("The Green Mile'') and Colin Farrell ("Minority Report") and is written and directed by Mark Steven Johnson ("Jack Frost", "Simon Birch," "Grumpy Old Men"). More information is available at www.daredevilmovie.com.

About Encore Encore, a wholly owned subsidiary of Navarre Corporation (NASDAQ: NAVR), is a leading interactive publisher in the videogame and PC CD-ROM markets. The company’s upcoming releases include such highly anticipated console games as Phantom Crash, Dragon’s Lair 3D and Daredevil. Encore also offers a broad range of PC titles under internationally recognized brands such as Sesame Street, Dragon Tales, National Geographic and Kaplan. (more) Daredevil Videogame for Game Boy Advance – Page 4

Encore products are sold in over 35,000 stores nationwide, and in major international markets. For more information on Encore and Navarre Corporation, visit www.encoreusa.com and www.navarre.com.

About Marvel Enterprises, Inc. With a library of over 4,700 proprietary characters, Marvel Enterprises, Inc. (NYSE: MVL) is one of the world's most prominent character-based entertainment companies. Marvel's operations are focused in four divisions: entertainment (Marvel Studios), licensing, toys (Toy Biz) and comic book publishing. Marvel facilitates the creation of entertainment projects, including feature films, television and DVD/home video, based on its characters and also licenses its characters for use in a wide range of consumer products and services including video and computer games, apparel, collectibles, snack foods and promotions. Marvel's characters are created by its comic book division which continues to maintain a leadership position in the U.S. and worldwide while also serving as an invaluable source of intellectual property. For additional information visit the Marvel Web site at http://www.marvel.com.

About Griptonite and Amaze Entertainment Griptonite Games is the handheld and mobile gaming studio of Amaze Entertainment, one of the world’s largest independent interactive entertainment development companies. The company creates high-quality games for virtually any platform, from popular handheld devices and PCs to today's advanced game consoles. Known for creating top-selling handheld titles such as Harry Potter and The Sorcerer’s Stone, Griptonite Games pushes the technology and sophistication of handheld devices to new limits with outstanding control, vibrant graphics and unsurpassed playability. For more information about Griptonite Games and Amaze Entertainment, visit www.griptonite.com and www.amazeentertainment.com. # # #