New Bundles Include Five Red Hot Chili Peppers™ Tracks

SAN DIEGO -- (Business Wire)

Mad Catz Interactive, Inc. (“Mad Catz”) (AMEX/TSX: MCZ) announced today the shipping of a new range of Rock Band 3 game and hardware bundles for the Xbox 360^® video game and entertainment system from Microsoft. The Rock Band 3 bundles include select Rock Bandhardware, a copy of the Rock Band 3 game and a code allowing gamers to download five tracks by the internationally renowned Red Hot Chili Peppers. Available across North America, the Rock Band 3bundles are available from Amazon^®, GameStop^® and other leading video game retailers.

Darren Richardson, the President and Chief Executive Officer of Mad Catz Interactive, Inc. stated, “We believe that bundling hardware, software and complementary tracks by the Red Hot Chili Peppers represents superb value for money and further demonstrates our commitment to delivering unique entertainment experiences through software publishing and specialty hardware.”

Learn to play guitar with the new Rock Band 3 game and Wireless Fender^™ Mustang^™ PRO-Guitar^™ Controller. Starter bundles include Rock Band 3 game with Wireless Fender™ Precision Bass™ Guitar Controller and Rock Band 3 game with Wireless Fender™ Stratocaster^™ Guitar Controller.

Each Rock Band 3 bundle will include a code enabling gamers to download five Red Hot Chili Peppers tracks: Californication, Otherside, Under the Bridge, By the Way, and The Adventures of Rain Dance Maggie.

Additional information is available at http://rockband.gameshark.com/

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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© 2011 Harmonix Music Systems, Inc. All Rights Reserved. Harmonix, Rock Band and all related titles and logos are trademarks of Harmonix Music Systems, Inc. Rock Band and other related products and services developed by Harmonix Music Systems, Inc. All logos, company names, brands, images, trademarks and other intellectual property are the property of their respective owners.

©2011 Fender Musical Instruments Corporation. FENDER™, STRATOCASTER™, PRECISION BASS™, MUSTANG™, and the distinctive headstock and body designs displayed here are the trademarks of Fender Musical Instruments Corporation. All rights reserved.

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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.