SAN DIEGO & LOS ANGELES, Jun 06, 2011 (BUSINESS WIRE) --

Mad Catz Interactive, Inc. ("Mad Catz") (AMEX/TSX: MCZ), announced today a new exclusive range of co-branded, licensed audio headsets for the Xbox 360 video game and entertainment system. The headsets will be co-branded under the TRITTON^(R) and Xbox 360 brands and will include two wireless headsets and a wired headset.

Darren Richardson, President and Chief Executive Officer of Mad Catz commented, "Gaming audio is an important part of our business and will be a key growth driver for our fiscal 2012. Furthermore, we believe that our audio products could account for 40-50% of our sales in the next 12-18 months."

Expected to begin shipping world-wide in time for the holiday 2011 season, the headset lineup includes:

TRITTON Warhead(TM) 7.1 Dolby Wireless Surround Headset for Xbox 360

The TRITTON Warhead 7.1 Dolby Wireless Surround Headset is expected to be the world's first truly wireless Dolby 7.1 surround sound headset for Xbox 360, with no wire from the headset to the Xbox 360 controller.

• Truly Wireless - Utilizes Xbox 360's secure Wireless Xbox Live voice communications (no cable to the controller)
• 5.8Ghz Wireless Technology - Clear surround sound without interference from
  wireless devices (range 33ft/10m)
• Dolby Headphone 7.1 Surround Sound - Expands native stereo and 5.1 game and movie audio to immersive 7.1 surround sound
• 50mm Neodymium Drivers - Precision tuned and balanced speakers
• Two Hot-Swappable Rechargeable Battery Packs - Change batteries on the fly for endless gaming
• Selective Voice Monitoring (SVM) - Allows the gamer to enable or disable the ability to hear their own voice
• Audio Control - Independent voice and game volume controls with mic and game mute
• Built-in EQ - Gamer can choose from pre-defined equalizer settings for movies and games
• Designed for Extended Play - Padded adjustable headband and plush around-the-ear earcups
• Everything Needed to Connect to Any Xbox 360 - Supports both analog and digital audio connections and includes Digital Audio Adapter (for use with HDMI installations)

TRITTON Devastator^(TM) Wireless Stereo Headset for Xbox 360

Similar to the Warhead 7.1, the TRITTON Devastator Wireless Stereo Headsetdelivers a truly wireless audio gaming experience and Selective Voice Monitoring (SVM). The Devastator specific features include: clear, balanced stereo sound, analog input, and powered by two included AA alkaline batteries.

TRITTON Detonator(TM) Stereo Headset for Xbox 360

The TRITTON Detonator Stereo Headset's unique wired design supports both gaming on the Xbox 360 and can be used with MP3 players and phones.

• Wired Stereo Headset provides clear, stereo sound
• Selective Voice Monitoring (SVM) - Allows the gamer to enable or disable the ability to hear their own voice
• 50mm Neodymium Drivers - Precision tuned and balanced speakers
• Audio Control - Independent voice and game mute and volume through wired in-line remote
• MP3 Player and Phones Support - 3.5mm jack supports both media playback and voice communications
• Designed for Extended Play - Padded adjustable headband and plush around-the-ear earcups

Everything Needed to Connect to Any Xbox 360 - Supports analog audio connections and includes Analog Audio Adapter (for use with HDMI installations)

Additional information is available at www.madcatz.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^(R) (casual gaming), Cyborg(TM) (pro gaming), Tritton^(R) (gaming audio), Saitek^(R) (simulation), and Eclipse(TM) (home and office) brands. Mad Catz also develops flight simulation software through its internal ThunderHawk Studios(TM); operates flight simulation centers under its Saitek brand; operates a videogame content website under its GameShark^(R) 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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Microsoft, Xbox, Xbox 360 and the Xbox logos are either registered trademarks or trademarks of Microsoft Corporation in the U.S. and/or other countries.

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.

SOURCE: Mad Catz Interactive, Inc.

Mad Catz Communications:
Alex Verrey, +44 (0) 1908 336 538
Global PR and Communications Manager
averrey@madcatz.com
or
Michael Greco, +1-619-321-3564
Vice President of Marketing
mgreco@madcatz.com
or
Investor Relations:
Jaffoni & Collins Incorporated
Joseph Jaffoni, Norberto Aja, Jim Leahy, +1-212-835-8500
mcz@jcir.com