Mad Catz Interactive, Inc. (“Mad Catz”) (NYSE MKT: MCZ) announced today an agreement with CSR which will enable the Company to utilize the state-of-the-art aptX Low Latency codec across a new range of GameSmart wireless Bluetooth products.
Although standard Bluetooth technology can be used to stream stereo audio wirelessly from mobile handsets, tablets and other audio entertainment devices to headphones, headsets and speakers its inherent delay is not suitable for video or gaming applications. CSR aptX Low Latency technology is designed to solve this problem as well as delivering high quality audio, enabling Bluetooth to be used for a variety of audio-visual and gaming applications.
“Gamers have responded enthusiastically to the wide compatibility promised by or GameSmart initiative, however, we feel it imperative that quality is not sacrificed for convenience.” said Darren Richardson, the President and Chief Executive Officer of Mad Catz Interactive, Inc. “The new aptX Low Latency codec will allow us to deliver ultra-low latency and high quality audio across the Bluetooth standard, essential for gaming headsets.”
Additional information available at: www.madcatz.com/gamesmart/About Mad Catz Mad Catz Interactive, Inc. (“Mad Catz”) (NYSE MKT: MCZ) is a global provider of innovative interactive entertainment products marketed under its Mad Catz ® (gaming), Tritton ® (audio), and Saitek ® (simulation) brands. Mad Catz also develops flight simulation software through its internal ThunderHawk Studios™; operates flight simulation centers under its Saitek 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. Social Media Facebook: http://www.facebook.com/MadCatzIncTwitter: http://twitter.com/MadCatzIncYouTube: http://www.youtube.com/MadCatzCompany 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.