Mad Catz® Ships S.T.R.I.K.E.™ 7 Professional Gaming Keyboard

San Diego – August 14, 2012 – Mad Catz Interactive, Inc. (“Mad Catz”) (NYSE MKT: MCZ) announced today the S.T.R.I.K.E. 7 Professional Gaming Keyboard for PC.  Designed to deliver the highest levels of customization and performance, the S.T.R.I.K.E. 7 features a unique modular design and the V.E.N.O.M. touch screen interface. The S.T.R.I.K.E. 7 ships worldwide today.

The unique V.E.N.O.M. touch screen interface enables the gamer to take control of their gaming environment, launch games or applications at the swipe of a finger, deploy custom macro commands, program chat, game, media settings and more.

“The S.T.R.I.K.E. 7 is the first in a line of new keyboards and rounds out our PC gaming range of F.R.E.Q. headsets and R.A.T. gaming mice.” said Darren Richardson, the President and Chief Executive Officer of Mad Catz Interactive, Inc.  “Our engineers created a keyboard that delivers unprecedented customization and performance.  We believe the S.T.R.I.K.E. 7 will capture the imagination of passionate gamers and continues to demonstrate our ability to innovative in the core gaming sector.”

Additional information and purchase options are available at: www.madcatz.com/strike7    

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.

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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.

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

J C I R

mcz@jcir.com or +1 (212) 835 8500    

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