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Mad Catz Unveils New Line of Wireless and Wired GamePads(TM) for Playstation(R) 3

SAN DIEGO--(BUSINESS WIRE)--March 6, 2007--Mad Catz Interactive, Inc. (AMEX/TSE: MCZ), a leading third-party video game accessory provider, announced today that it has begun shipping new full-featured controllers for its Playstation(R) 3 product line.

The Mad Catz GamePads for Playstation 3 are available in wired and wireless versions and are offered in four stylish colors. The GamePads feature innovative designs, SixSense(TM) motion-sensing technology, unique quick-fire triggers, four controller port indicator LEDs, a home button that accesses the PS3's main interface and fully analog joysticks.

"The launch of this duo of feature-rich controllers marks a meaningful step toward our goal of offering a full suite of quality accessories for each of the new console platforms," said Darren Richardson, President and Chief Executive Officer of Mad Catz. "These competitively-priced GamePads provide gamers with an attractive alternative to first-party controllers and demonstrate our continued dedication to harnessing the technology of the new consoles to create innovative product designs and new sources of revenue."

The wired GamePad carries an MSRP of $29.99 and the Wireless GamePad has an MSRP of $39.99. Both controllers will be available at major video game retailers worldwide and online. For more information visit www.madcatz.com.

About Mad Catz Interactive, Inc.

Mad Catz is a worldwide leader of innovative peripherals in the interactive entertainment industry. Mad Catz designs and markets a full range of accessories for video game systems and publishes video game software, including the industry leading GameShark brand of video game enhancements. Mad Catz has distribution through most leading retailers offering interactive entertainment products. Mad Catz has its operating headquarters in San Diego, California and offices in Canada, Europe and Asia. For additional information go to www.madcatz.com.

Safe Harbor for Forward Looking Statements: 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.

CONTACT: Mad Catz Interactive, Inc.
Stewart Halpern, Chief Financial Officer, 800-831-1442
or
Jaffoni & Collins Incorporated
Joseph Jaffoni/David Jacoby, 212-835-8500
mcz@jcir.com
SOURCE: Mad Catz Interactive, Inc.

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