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Veoh Networks Inks Distribution Deal with Funimation Entertainment

Online Video Hub to Offer Exclusive Window to Cult Favorite Gunslinger Girl 2 and Feature New Episodes of Current Favorite Shikabane Hime

Los Angeles, CA, April 6, 2009 – Veoh Networks (www.veoh.com), the world's most comprehensive Internet Television service and FUNimation Entertainment, a US based leader in anime distribution, have entered into a distribution agreement through which Veoh will offer dozens of popular anime titles. Veoh will launch a dedicated FUNimation Channel which will house in one easy-to-navigate place FUNimation's extensive programming. The FUNimation Channel will launch this week with nearly 200 hours of content and is being spotlighted on Veoh's home page.

In addition to the breadth and depth of content, the deal will also give Veoh an exclusive window to screen episodes of the cult hit Gunslinger Girl: Il Teatrino and make it the destination for new episodes of current anime sensation Shikabane Hime – with new episodes debuting on Veoh within weeks of their Japan television premiere.

“Veoh has been a destination for anime fans for quite some time and partnering with Veoh is a perfect fit,” said Brandon White, Interactive Manager at FUNimation Entertainment. “Their enthusiasm for our titles rivals our own and we hope to bring many more of our series to the attention of entertainment fans via Veoh.”

Named by Play Magazine as one of its “Most Wanted Anime of 2009”, Gunslinger Girl: Il Teatrino is the follow-up to the Gunslinger Girl animated series which aired in the U.S. on IFC about a group of young schoolgirl assassins. Shikabane Hime (Corpse Princess) is a supernatural tale of a young girl who is one of the undead and must destroy her own kind and is currently airing on Japan television

Additionally, the Veoh FUNimation Channel will feature full episodes of dozens of popular anime favorites. These will include: Black Blood Brothers, Ghost Hunt, Glass Fleet, Jyu-Oh-Sei, Kiddy Grade, Moonphase, Mushi-Shi, Mr. Stain, Rumbling Hearts, Shigurui, Shikabane Hime, Shuffle, Suzuka and xxxHOLiC.

About Veoh Networks
Veoh Networks is an innovative Internet Television company that delivers broadcast-quality video programming via the Internet.

Veoh has more than 100,000 content publishers - from CBS, Viacom's MTV Networks, ABC, Warner Bros. Television Group, ESPN and Lions Gate to thousands of independent filmmakers and content producers. For advertisers, Veoh offers compelling ways of engaging with a targeted audience and measuring performance of their ad buys.

Veoh Networks is a privately held company that is backed by leading technology and media investors, including Shelter Capital Partners, Spark Capital, Michael Eisner's Tornante Company, Goldman Sachs, Time Warner Inc., Intel Capital, Adobe Systems Incorporated, Gordon Crawford, Tom Freston and Jonathan Dolgen. The company's principal offices are in Los Angeles and San Diego, California.

About FUNimation Entertainment
FUNimation® Entertainment, a wholly-owned subsidiary of Navarre Corporation, is the leading company for home video sales of Japanese animation in the United States. FUNimation has a proven formula for launching and advancing brands, and manages a full spectrum of rights for most of its brands including broadcasting, licensing, production, internet, and home video sales and distribution. For more information about FUNimation Entertainment and its brands, visit www.funimation.com.

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