Tournament Grade Controller Delivers Customization and Quality for the Competitive Gamer

SAN DIEGO -- (Business Wire)

Mad Catz Interactive, Inc. (“Mad Catz”) (AMEX/TSX: MCZ) announced today the shipping of the licensed Major League Gaming(“MLG”) Pro Circuit Controller. The new tournament grade controller has been specifically designed for the competitive and professional gamer. Engineered to perform at the highest possible level, the MLG Pro Circuit Controller is available now for the Xbox 360^® video game and entertainment system from Microsoft^® and the PlayStation^®3 computer entertainment system from Sony^®.

“The MLG Pro Circuit Controller with its tournament grade components and ProModule™ system has been very well received by the pro gaming community.” said Darren Richardson, the President and Chief Executive Officer of Mad Catz Interactive, Inc. “We anticipate the MLG Pro Circuit Controller will be the weapon of choice for the most demanding gamer and professional player.”

Additional information is available at www.madcatz.com/mlg

About Mad Catz

Mad Catz Interactive, Inc. (AMEX/TSX: MCZ) is a global provider of innovative interactive entertainment products marketed primarily under its Mad Catz^® (casual gaming), Cyborg™ (pro gaming), Tritton^® (gaming audio), Saitek^® (simulation), and Eclipse™ (home and office) brands. Mad Catz also develops flight simulation software through its internal ThunderHawk Studios™; operates flight simulation centers under its Saitek brand; operates a videogame content website under its GameShark^® brand; publishes games under its Mad Catz brand; and distributes games and videogame products for third parties. Mad Catz distributes its products through most leading retailers offering interactive entertainment products and has offices in North America, Europe and Asia. For additional information please go to www.madcatz.com.

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This product is manufactured under license from Microsoft Corporation. Microsoft, Kinect, Xbox, Xbox LIVE, Xbox 360, and the Xbox logos are trademarks of the Microsoft group of companies.

"PlayStation" is a registered trademark of Sony Computer Entertainment Inc. All other marks are the property of their respective owners.

About Major League Gaming

Founded in 2002, Major League Gaming (MLG) (www.majorleaguegaming.com) is the dominant media property exclusively targeting tens of millions of consumers worldwide who have a passion for playing video games as a competitive social activity. The company gives aspiring gamers around the world an opportunity to compete, improve their skills, and socialize through a thriving competitive community with more than 750,000 matches each month online and LIVE in-person Pro Circuit tournaments in cities nationwide. MLG broadcasts all Pro Circuit play via LIVE streaming online to hundreds of thousands of fans in more than 170 countries. MLG also provides extensive online editorial and video content to more than 8 million unique fans each month including LIVE and on-demand original programming related to games, technology and more at MLG.tv.

Safe Harbor

This press release contains forward-looking statements about the Company's business prospects that involve substantial risks and uncertainties. The Company assumes no obligation to update the forward-looking statements contained in this press release as a result of new information or future events or developments. You can identify these statements by the fact that they use words such as "anticipate," "estimate," "expect," "project," "intend," "should," "plan," "goal," "believe," and other words and terms of similar meaning in connection with any discussion of future operating or financial performance. Among the factors that could cause actual results to differ materially are the following: the ability to maintain or renew the Company's licenses; competitive developments affecting the Company's current products; first party price reductions; the ability to successfully market both new and existing products domestically and internationally; difficulties or delays in manufacturing; or a downturn in the market or industry. A further list and description of these risks, uncertainties and other matters can be found in the Company's reports filed with the Securities and Exchange Commission and the Canadian Securities Administrators.

Contacts:

Mad Catz Communications:
Alex Verrey, +44 (0) 1908 336 538
Global PR and Communications Manager
averrey@madcatz.com
or
Investor Relations:
Jaffoni & Collins Incorporated
Joseph Jaffoni, Norberto Aja, or Jim Leahy, +1 212-835-8500
mcz@jcir.com

Source: Mad Catz Interactive, Inc.