Mad Catz® Ships Licensed Halo ® 4 Gaming Headset Range

San Diego – October 30, 2012 – Mad Catz Interactive, Inc. (“Mad Catz”) (NYSE MKT: MCZ) announced today shipping of the new range of licensed Halo 4 gaming headsets under the TRITTON brand for the Xbox 360 ® video game and entertainment system from Microsoft.  Each headset in the range features themed Halo 4 graphics and bonus downloadable content (DLC). 

Darren Richardson, the President and Chief Executive Officer of Mad Catz Interactive, Inc. stated, “ Halo 4 is one of the most anticipated titles of this holiday season and we’re pleased to be offering passionate gamers high quality experience with our range of exclusive, TRITTON licensed Xbox 360 headsets.”

Frank O’Connor, the Franchise Development Director at 343 Industries stated, “It was a pleasure to find an audio solution that not only ticked all the boxes of ease of use, fidelity, immersion and quality, but also to find a partner willing to work with us to create a product that fit beautifully into designs that span the entirety of the Halo 4 aesthetic.”

Products available as part of the range include the Halo 4 Trigger Stereo Headset (with bonus ‘United Nations Space Command’ (UNSC) Logo T-Shirt DLC) and the Halo 4 Warhead 7.1 Surround Gaming Headset (with bonus ‘Forward Unto Dawn’ Animated Prop DLC).  In addition, to celebrate the launch of Halo 4, the TRITTON Detonator Stereo Headset, TRITTON Primer Wireless Stereo Headset and standard edition TRITTON Trigger and Warhead 7.1 headsets will come packaged with bonus ‘ Halo 4 Logo T-Shirt’ DLC.

Additional information is available at: http://www.madcatz.com/halo4/

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.

About “Halo”

The “Halo” franchise is an award-winning collection of properties that has grown into a global entertainment phenomenon. Beginning with the original “Halo: Combat Evolved” (2001), the critically acclaimed and record-shattering series of games has since inspired multiple New York Times bestselling novels, comic books, action figures, apparel and more.

Published by Microsoft Studios, the “Halo” franchise of games is exclusive to the Xbox 360 video game and entertainment system and the Xbox LIVE online entertainment network. To date, more than 43 million copies of “Halo” games have been sold worldwide, driving more than 3.3 billion hours of gameplay by people connected to Xbox LIVE.

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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.

Mad Catz Communications:

Alex Verrey

Global PR and Communications Manager

averrey@madcatz.com or +44 (0) 1908 336 538

Investor Relations:

Joseph Jaffoni, Norberto Aja, Jim Leahy

JCIR

mcz@jcir.com or +1 (212) 835-8500   

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