Range to Include Pro GamePad and TRITTON^®7.1 Surround Sound Gaming Headset

SAN DIEGO -- (Business Wire)

Mad Catz Interactive, Inc. (“Mad Catz”) (AMEX/TSX: MCZ) announced today a new range of licensed Tom Clancy’s Ghost Recon: Future Soldierproducts, due for release to coincide with the upcoming Tom Clancy’s Ghost Recon: Future Soldier videogame from Ubisoft^®, expected to launch in May 2012.

Due for release on the Xbox 360^® video game and entertainment system from Microsoft and the PlayStation^®3 computer entertainment system from Sony^®, the new range of licensed products includes the Tom Clancy’s Ghost Recon: Future Soldier Pro GamePad and the Tom Clancy’s Ghost Recon: Future Soldier 7.1 Surround Sound Headset.

Darren Richardson, the President and Chief Executive Officer of Mad Catz Interactive, Inc. stated, “We’re excited to be a part of the Tom Clancy’s franchise and look forward to the release of our range of licensed Tom Clancy’s Ghost Recon: Future Soldier products.”

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.

About Ubisoft

Ubisoft is a leading producer, publisher and distributor of interactive entertainment products worldwide and has grown considerably through a strong and diversified lineup of products and partnerships. Ubisoft has offices in 26 countries and has sales in more than 55 countries around the globe. It is committed to delivering high-quality, cutting-edge video game titles to consumers. For the 2010–11 fiscal year Ubisoft generated sales of 1.039 billion euros. To learn more, please visit http://www.ubisoftgroup.com.

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Tom Clancy’s Ghost Recon Future Soldier © 2012 Ubisoft Entertainment. All Rights Reserved. Tom Clancy's, Ghost Recon, Ghost Recon Future Soldier, the Soldier Icon, Ubisoft and the Ubisoft logo are trademarks of Ubisoft Entertainment in the U.S. and/or other countries.

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 registered trademark of Sony Computer Entertainment Inc.

All other trademarks and trade names are the property of their respective owners.

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
+1 (212) 835 8500
mcz@jcir.com

Source: Mad Catz Interactive, Inc.