Mad Catz® Announces New Range of Licensed Major League Gaming® Professional Video Game Controllers

Premium Range Designed for Highest Levels of Tournament Play

SAN DIEGO--()--Mad Catz Interactive, Inc. (“Mad Catz”) (AMEX/TSX: MCZ) announced today a new range of licensed Major League Gaming (“MLG”) professional video game controllers for use with the Xbox 360® video game and entertainment system from Microsoft® and the PlayStation®3 computer entertainment system from Sony®. The new range of premium controllers will be unveiled for the first time at the MLG Pro Circuit at the Raleigh Convention Center taking place from August 26-28, and are expected to ship in time for Holiday 2011.

“Our new range of MLG products demonstrate our continued ability to produce highly specialized gaming products for passionate consumers,” said Darren Richardson, the President and Chief Executive Officer of Mad Catz Interactive, Inc. “We are very excited to work with MLG, the world’s largest competitive gaming organization on a project which continues in the tradition of our highly successful range of Tournament Edition Arcade FightSticks.”

The new range of licensed products include the Major League Gaming Pro-Circuit Controller which allows gamers to customize key components of the controller, and the Major League Gaming Arcade FightStick Tournament Edition which utilizes genuine arcade grade Sanwa Denshi™ components.

Additional information is available at www.madcatz.com/mlg.

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 Interactive, Inc.
Alex Verrey, +44 (0) 1908-336-538
Global PR and Communications Manager
averrey@madcatz.com
or
Jaffoni & Collins Incorporated
Joseph Jaffoni, Norberto Aja, Jim Leahy
+1-212-835-8500 or mcz@jcir.com

Contacts

Mad Catz Interactive, Inc.
Alex Verrey, +44 (0) 1908-336-538
Global PR and Communications Manager
averrey@madcatz.com
or
Jaffoni & Collins Incorporated
Joseph Jaffoni, Norberto Aja, Jim Leahy
+1-212-835-8500 or mcz@jcir.com