Mad Catz® Introduces Premium Saitek Pro Flight X65F Control System for PC

San Diego, October 28, 2009

Mad Catz® Interactive, Inc. (AMEX/TSX: MCZ), a leading worldwide third-party interactive entertainment accessory provider, today announced the introduction of the Pro Flight X65F Control System under its Saitek brand. A premium hands-on throttle and stick flight simulation device, the X65F utilizes‘Force Sensing’ technology, a world first for a commercial gaming device.

Force Sensing technology simulates the authentic aircraft controls typically found in modern fighter jets by responding to the pressure exerted on the stick while it remains still at all times. With the stick remaining still and in-game movements reacting only to the player’s pressure, gamers can command with extreme precision resulting in realistic, fatigue free response. In addition to the Force Sensing Shaft and Twist Rudder Controls, the X65F affords gamers the opportunity to adjust multiple aspects of the Force Sensing system on-the-fly, including adjustments for each axis of the stick, resulting in customized control without the need to interrupt game play.

Darren Richardson, President and Chief Executive Officer of Mad Catz commented,“The release of the new X65F demonstrates our intent to deliver industry-leading realism in control systems and accessories for simulation game enthusiasts. We believe the X65F is an ideal showcase for the innovation and engineering prowess of our Saitek engineering team and believe that consumers will respond enthusiastically to the new technology utilized in this product and look forward to its release in time for the holiday season.”

Exhibiting state-of-the-art technology along with premium build quality, the X65F is constructed from metal, with a high-grade steel shaft containing no moving parts, thus increasing the product’s longevity.

Featuring a separate Dual Throttle with rear Switch Panel controls, the system allows for finer precision when controlling a twin engine jet and can be locked together when flying single engine aircraft. Both the Stick and Dual Throttle Control Unit feature a comprehensive array of hats, buttons, triggers and switches allowing total control of the most complex of aircraft and when combined with the additional 5 control switches, Force-Sensing strength selection, mode indication and mounting points for Saitek Pro-Flight Instrument Panels located on the rear panel, gamers have access to an astonishing 608 possible commands without the need to ever remove their hands from the X65F controls!

Ideal as the centrepiece of a premium professional flight simulation installation, the X65F has been designed to seamlessly integrate with other products in the Saitek Pro-Flight range, offering full compatibility with the Pro-Flight Instrument Panel and Pedal System (both sold separately) todeliver an all encompassing flight experience.

The X65F ships with Saiteks proprietary SST software, allowing users to reconfigure multiple control aspects of the system to ensure compatibility with virtually all PC flight simulation or flight action titles. In addition, the X65F is fully compatible with Windows™7, Vista™ and XP™ operating systems.

The Saitek Pro Flight X65F Control System is expected to be available across North America and various European territories beginning in the fall of 2009 retailing for an SRP of: $399.99 /£349.99.

For further information please contact:

Media

Alex Verrey: Global PR&Communications Manager

t. +44 (0) 1908 336 538

e. averrey@madcatz.com

Michael Greco: Vice President of Marketing

t. +1-619-321-3564

e. mgreco@madcatz.com

Investors

Stewart Halpern: Chief Financial Officer

t. +1-619-321 3550

e. shalpern@madcatz.com

Joseph Jaffoni, Norberto Aja&Jim Leahy

Jaffoni&Collins Incorporated

t. 212/835-8500

e. mcz@jcir.com

About Mad Catz Interactive, Inc.

Mad Catz is a global leader in providing innovative peripherals for the interactive entertainment industry. Mad Catz designs and markets accessories for videogame systems and publishes videogame software, including the industry-leading GameShark videogame enhancements, under its Mad Catz, GameShark and Joytech brands. Mad Catz also designs and markets mice, keyboards, headsets, PC gaming controllers and other PC peripherals through its Saitek brand, and develops, manufactures and markets proprietary portable earphones under its AirDrives brand. Mad Catz distributes its products through most of the leading retailers offering interactive entertainment products throughout North America and Europe, and is expanding its distribution reach in Asia. For additional information please go to www.madcatz.com , www.gameshark.com , www.airdrives.com and www.saitek.com.

Safe Harbor for Forward Looking Statements: 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 causeactual 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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