Mad Catz® Ships New Range of TRITTON® Xbox One™ Licensed Headsets

First TRITTON Headsets for the Xbox One Console

SAN DIEGO--()--Mad Catz Interactive, Inc. (“Mad Catz”) (NYSE MKT/TSX:MCZ) announced today the shipping of the first products in its range of licensed audio headsets for Xbox One under the TRITTON® gaming audio brand.

Previously announced at E3 2014, the range of headsets has been specifically tuned to the needs of the gamer. Headsets now available include:

TRITTON Kama Stereo Gaming Headset

  • A fully featured stereo headset featuring audio controls and precision-balanced 40mm speakers. Kama is also compatible with MP3 players and a wide variety of audio devices.

TRITTON Kunai Stereo Gaming Headset

  • Designed for extreme comfort and extended gaming sessions, the Kunai comes to Xbox One with superior stereo audio, high-quality build and an eye-catching design. Kunai is also compatible with MP3 players and a wide variety of audio devices.

TRITTON is a leading global headset brand with a very loyal base of hard core gamers so we’re excited to be launching the first products in our Xbox One headset range,” said Darren Richardson, President and Chief Executive Officer of Mad Catz. “Gaming audio accounts for approximately 40% of our sales and the launch of our TRITTON Headsets for Xbox One will make a significant contribution to our return to growth and profitability in fiscal 2015.”

Additional information available at: www.madcatz.com/pressroom/

About Mad Catz

Mad Catz Interactive, Inc. (“Mad Catz”) (NYSE: MKT/TSX: MCZ) is a global provider of innovative interactive entertainment products marketed under its Mad Catz® (gaming), Tritton® (audio), and Saitek® (simulation) brands. Mad Catz products cater to passionate gamers across multiple platforms including in-home gaming consoles, handheld gaming consoles, Windows® PC and Mac® computers, smart phones, tablets and other mobile devices. Mad Catz distributes its products through its online store as well as distribution via many leading retailers around the globe. Headquartered in San Diego, California, Mad Catz maintains offices in Europe and Asia. For additional information about Mad Catz and its products, please visit the Company’s website at www.madcatz.com

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Cautionary Note Regarding Forward-Looking Statements

Information in this press release that involves the Company's expectations business prospects, plans, intentions or strategies regarding its future are forward-looking statements that are not facts and that involve substantial risks and uncertainties. You can identify these statements by the use of 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 the Company’s actual future results to differ materially from those expressed in the forward-looking statements set forth in this release include the following: the ability to maintain or renew the Company's licenses; competitive developments affecting the Company's current products; first-party price reductions; availability of capital under our credit facility; commercial acceptance of new in-home gaming consoles; the ability to successfully market both new and existing products domestically and internationally; difficulties or delays in manufacturing; unanticipated product delays; or a downturn in the market or industry. A further list and description of these and other factors, risks, uncertainties and other matters can be found in the Company's most recent annual report, and any subsequent quarterly reports, filed with the U.S. Securities and Exchange Commission and the Canadian Securities Administrators. The forward-looking statements in this release are based upon information available to the Company as of the date of this release, and the Company assumes no obligation to update any such forward-looking statements as a result of new information or future events or developments. Forward-looking statements believed to be true when made may ultimately prove to be incorrect. These statements are not guarantees of the future performance of the Company and are subject to risks, uncertainties and other factors, some of which are beyond its control and may cause actual results to differ materially from current expectations.

Mad Catz, the Mad Catz logo and TRITTON are trademarks or registered trademarks of Mad Catz Interactive, Inc., its affiliates and/or subsidiary companies. All other company and product names may be trademarks of their respective owners.

Contacts

Mad Catz Communications:
Alex Verrey, 44-0-1633-883-133
Global PR and Communications Director
averrey@madcatz.com
or
Karen McGinnis
Chief Financial Officer, 619-683-9830
kmcginnis@madcatz.com
or
Investor Relations:
Joseph Jaffoni, Norberto Aja, Jim Leahy, 212-835-8500
JCIR
mcz@jcir.com

Contacts

Mad Catz Communications:
Alex Verrey, 44-0-1633-883-133
Global PR and Communications Director
averrey@madcatz.com
or
Karen McGinnis
Chief Financial Officer, 619-683-9830
kmcginnis@madcatz.com
or
Investor Relations:
Joseph Jaffoni, Norberto Aja, Jim Leahy, 212-835-8500
JCIR
mcz@jcir.com