New Cyborg Mouse to Deliver Targeted Control and Customization to MMO Gamers

SAN DIEGO -- (Business Wire)

Mad Catz Interactive, Inc. (“Mad Catz”) (AMEX/TSX: MCZ) announced today the Cyborg M.M.O.⁷Gaming Mouse for PC and Mac. Designed specifically for use with MMO (Massively Multiplayer Online) games, the Cyborg M.M.O.⁷ is expected to ship in January 2012.

“The new Cyborg M.M.O.⁷demonstrates our continued commitment to growing our Cyborg brand by developing innovative products for passionate consumers.” said Darren Richardson, the President and Chief Executive Officer of Mad Catz Interactive, Inc. “The Cyborg M.M.O.7is part of our continuing initiative of building our portfolio of evergreen products that do not need to be reinvented every year.”

Built upon the same platform as the award winning Cyborg R.A.T.⁷, the Cyborg M.M.O.⁷features thirteen action buttons and six programmable modes, providing access to up to 78 individual commands.

Complementing the state-of-the-art 6400DPI twin-eye sensor, the Cyborg M.M.O.⁷ features Actionlock™, a new feature designed to reduce fatigue when moving through open world gaming environments by allowing gamers to lock the input of left and right mouse buttons at will.

The Cyborg M.M.O.⁷is compatible with Mac OS X version 10.6.6 or later, as well as Windows™ XP, Vista™ and Windows 7.

Additional information is available at: www.cyborggaming.com/mmo7

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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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, Jim Leahy
212-835-8500
mcz@jcir.com

Source: Mad Catz Interactive, Inc.