MAJESCO ENTERTAINMENT UNVEILS FALL LINE-UP AT THE 2007 ELECTRONIC ENTERTAINMENT EXPO

EDISON, NJ, July 3rd, 2007– Majesco Entertainment Company (NASDAQ: COOL), an innovative provider of video games and digital entertainment products for the mass market, today announced its product showcase being unveiled at the 2007 Electronic Entertainment Expo Media&Business Summit, July 11-13, in the Barker Hangar at the Santa Monica Air Center, in Santa Monica, CA.

“With video games a premier source of entertainment for an increasingly diversified audience, our fall lineup is designed to be extremely accessible to the mainstream consumer,” said Ken Gold, vice president of Marketing, Majesco.“From popular licenses to our own IP, Majesco will continue to identify opportunities that offer exceptional content and value.”

Included among Majesco’s next-gen products is Blast Works: Build, Fuse&Destroy for the Wii™ home video game system from Nintendo. Developed by Budcat Creations and based on the popular Tumiki Fighters online game, Blast Works is a side-scrolling shooter that lets players build their own game by creating custom levels, ships and enemy ships. This“sticky” geometric shooter also lets players absorb the pieces and weapons of destroyed enemy ships to bolster their own defenses during battle and transform into boss-sized ships.

Majesco will also be showing its recently announced Furu Furu Park on the Wii console. Developed by Taito and 505 Games, Furu Furu Park is a collection of 30 stylized arcade games that take advantage of the Wii Remote’s range of motion to entertain players of all skill levels and ages. Included amongst them are classics like Arkanoid and Bubble Bobble, along with quirky new offerings like Super Karate, Sonic Blastman 20XX and Safe Cracker.

Majesco will be showcasing its first Xbox 360™ title, Kengo: Legend of the 9. Players assume the role of nine famous samurai warriors as they fight through lush high-definition environments in feudal Japan. Developed by Genki, the game includes four gameplay modes including: a deep, story-driven single player Main Mode, specific timed challenges in Mission Mode, 2-player head-to-head Combat Mode, and Xbox LIVE Leaderboard that lets gamers pit AI profiles against one another via Xbox LIVE.

From a mystery“whodunit” to lifestyle sims, Majesco will also be highlighting a strong portable line-up for the Nintendo DS™ that has something for everyone. Titles include:

Nancy Drew™ and the Deadly Secret of Olde World Park: The world’s most recognizable teen sleuth makes her handheld debut in this interactive mystery from Gorilla Games.

• Zoo Hospital: Step into the role of veterinary intern at a world-famous zoo and help diagnose and treat a wide variety of exotic animals from adorable chimps to deadly komodo dragons.

Holly Hobbie™&Friends: Featuring the girl with heart, Holly Hobbie, and her best friends Carrie and Amy, Holly Hobbie™&Friends lets players enjoy themed mini-games that include: cooking, biking, dancing, designing posters, dressing up and more.

Turn It Around: Players must master the Touch Screen turn wheel in 24 arcade-style games including Elevator Action and Packed Train.

Operation: Vietnam: Developed by Coyote Console, Operation: Vietnam drops players into the war-torn jungles of Vietnam as they try to escape enemy territory with their squad of four soldiers.

The Wild West: This action shooter incorporates both 2D and 3D levels in Touch Screen shoot outs on the untamed frontier.

Majesco will be in booths 222-224 at the Santa Monica Air Center, Barker Hangar, at 3021 Airport Ave., Santa Monica, CA. Additional information about the company’s E3 2007 product line-up can be found online at www.majescoentertainment.com.

About Majesco Entertainment Company

Headquartered in Edison, NJ, with an international office based in Bristol, UK, Majesco Entertainment Company (NASDAQ: COOL) is an innovative provider of video games and digital entertainment products for the mass market, with a focus on publishing video games for leading portable systems and the Wii™ console. Current product line highlights include Cake Mania™ for the Nintendo DS™, Cooking Mama: Cook Off for the Wii™ console and JAWS™ Unleashed. More information about Majesco can be found online at www.majescoentertainment.com.

Safe Harbor

Certain statements contained herein are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements may be identified by reference to a future period(s) or by the use of forward-looking terminology, such as "may," "will," "intend," "should," "expect," "anticipate," "estimate" or "continue" or the negatives thereof or other comparable terminology. The Company's actual results could differ materially from those anticipated in such forward-looking statements due to a variety of factors. These factors include but are not limited to, the demand for our products; our ability to complete and release our products in a timely fashion; competitive factors in the businesses in which we compete; continued consumer acceptance of our products and the gaming platforms on which our products operate; fulfillment of orders preliminarily made by customers; adverse changes in the securities markets and the availability of and costs associated with sources of liquidity. The Company does not undertake, and specifically disclaims any obligation, to release publicly the results of any revisions that may be made to any forward-looking statements to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such statements.

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