Mad Catz Interactive, Inc. : Mad Catz® Announces Shipping of the Primer™ Wireless Stereo Headset for Xbox 360®

First Co-Branded Xbox 360 and TRITTON™ Wireless Stereo Headset

SAN DIEGO--(BUSINESS WIRE)--Jan. 9, 2012-- Mad Catz Interactive, Inc. ("Mad Catz") (AMEX/TSX: MCZ) announced today the shipping of the Primer Wireless Stereo Headset, for use with the Xbox 360 video game and entertainment system from Microsoft.

Darren Richardson, the President and Chief Executive Officer of Mad Catz Interactive, Inc. stated, "The Primer is the third of our co-branded headsets to be released for the Xbox 360 and the first wireless product in the range. We are excited to bring passionate gamers high quality, wireless gaming."

The Primer Wireless Stereo Headset uses 5.8GHz wireless technology to connect with the Xbox 360. In addition, the Primer includes precision balanced 40mm neodymium drivers and controls which allow gamers to separately adjust volume and in-game chat levels.

About Mad Catz

Mad Catz Interactive, Inc. (AMEX/TSX: MCZ) is a global provider of innovative interactive entertainment products marketed primarily under its Mad Catz® (casual gaming), Cyborg™ (pro gaming), Tritton® (gaming audio), Saitek® (simulation), and Eclipse™ (home and office) brands. Mad Catz also develops flight simulation software through its internal ThunderHawk Studios™; operates flight simulation centers under its Saitek brand; operates a videogame content website under its GameShark® 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.

This product is manufactured under license from Microsoft Corporation. Microsoft, Kinect, Xbox, Xbox LIVE, Xbox 360, and the Xbox logos are trademarks of the Microsoft group of companies.

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.

Source: Mad Catz Interactive, Inc.

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