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TheStreet Open House

Mad Catz® Begins Pre-Orders For GameSmart™ Range Of Mobile Products

Mad Catz Interactive, Inc. (“Mad Catz”) (NYSE MKT: MCZ) announced today that the Company has begun taking pre-orders for their new range of mobile products featuring GameSmart™ technology and are expected to ship in March 2013.

GameSmart is a platform agnostic technology initiative designed to allow core mobile gaming and lifestyle products to operate seamlessly with smart devices. GameSmart products are designed to extend the core gaming experience to supporting smart devices as well as offering high performance compatibility when used with Windows PC, Mac and in some instances consoles. Initial products in the range include the R.A.T. M mobile gaming mouse , the F.R.E.Q. M headset, and the M.O.U.S. 9 wireless mouse, all of which are available for pre-order today.

“We are very encouraged by the industry and consumer reaction to our GameSmart initiative. The R.A.T. M , F.R.E.Q. M , and M.O.U.S. 9 are the first of several new products planned for the mobile market,” said Darren Richardson, the President and Chief Executive Officer of Mad Catz Interactive, Inc. “We are excited about entering this rapidly growing market sector and believe GameSmart fits perfectly with our long-term strategy of designing innovative products for passionate gamers.”

The R.A.T. M , F.R.E.Q. M , and M.O.U.S. 9 , are each available in matte black, gloss black, gloss white and gloss red and are available for pre-order today.

Additional information and pre-order details 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/MadCatzInc Twitter: http://twitter.com/MadCatzInc YouTube: 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.

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