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TheStreet Open House

Mad Catz® Announces The Killer Instinct™ Arcade FightStick™ Tournament Edition 2 For Xbox One™

Mad Catz Interactive, Inc. (“Mad Catz”) (NYSE MKT: MCZ) announced today the Killer Instinct Arcade FightStick Tournament Edition 2, a premium quality fighting game controller expected to ship Holiday 2013.

Previously announced at E3 2013 and used on stage during the E3 Xbox Media Briefing to demonstrate the game, the new FightStick will now carry fully licensed Killer Instinct artwork and feature button mapping tuned specifically for the game.

“E3 greeted us with a positive reaction to our Tournament Edition 2 FightStick and we’re pleased that the controller will provide passionate fans of Killer Instinct with an even richer gaming experience,” said Darren Richardson, the President and Chief Executive Officer of Mad Catz Interactive, Inc. “We earlier commented how the enhanced performance of the Xbox One opens up additional scope for innovation and believe that the Killer Instinct Tournament Edition 2 FightStick perfectly illustrates our commitment to the next generation of entertainment.”

Developed by Microsoft Studios and Double Helix Games ©, Killer Instinct is the return of the legendary fighting game franchise coming exclusively to Xbox One this holiday.

Expected to be the first fighting game controller available for Xbox One, the Tournament Edition 2 Arcade FightStick features arcade-perfect controls and has been extensively designed with the community and professional gamer in mind. The new design philosophy will offer greater levels of customization and quality.

The Xbox One home entertainment system from Microsoft is expected to launch Holiday 2013.

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

About Mad Catz

Mad Catz Interactive, Inc. (“Mad Catz”) (NYSE MKT: MCZ) is a leading global provider of innovative interactive entertainment and leisure 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™; 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 and leisure products and maintains offices in North America, Europe and Asia. For additional information about Mad Catz and its products, please visit the Company’s website at www.madcatz.com.

Social Media

Facebook: http://www.facebook.com/MadCatzIncTwitter: http://twitter.com/MadCatzIncYouTube: http://www.youtube.com/MadCatzCompany

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; 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.

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