Mad Catz Interactive, Inc. (“Mad Catz”) (NYSE MKT: MCZ) announced today that the Company’s S.T.R.I.K.E. 7 Professional Gaming Keyboard was selected as an Innovations 2013 Design and Engineering Awards ‘ Best of Innovations’ honoree in the Gaming Hardware & Accessories product category. Judged by a panel of independent industrial designers, engineers and members of the trade press, the S.T.R.I.K.E. 7 came top in its category, beating out all other competing products to win the exclusive award. “We are very pleased with the critical and consumer response to the S.T.R.I.K.E. 7 and to be selected as a Best of Innovations honoree is a wonderful achievement,” said Darren Richardson, the President and Chief Executive Officer of Mad Catz Interactive, Inc. “The award highlights the continued success of our strategy to create innovative products for passionate consumers.” Additional information and purchase options are available at: www.madcatz.com/strike7/cesaward 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/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.