Mad Catz® Announce Licensed Call of Duty®: Modern Warfare® 2 Accessory Range for Consoles&PC

San Diego, August 24, 2009

Mad Catz® Interactive, Inc. (AMEX/TSX: MCZ), a leading worldwide third-party interactive entertainment accessory provider, today announced a full range of licensed Modern Warfare® 2 accessories for Xbox 360®, PLAYSTATION® 3 and PC, which are expected to ship across North America and key European territories with the release of one of the year’s most anticipated games in November 2009.

Developed by Infinity Ward and set for worldwide release by Activision Publishing, Inc. on November 10, 2009, Modern Warfare 2 is the sequel to the best-selling first-person action game in history, Call of Duty® 4: Modern Warfare®. The title is rated“M” (Mature) for Blood, Drug Reference, Intense Violence and Language.

The products expected to ship as part of the range include:

Modern Warfare™ 2 Combat Controller– Xbox 360

Complete with a host of features designed to customize the in-game experience, the Modern Warfare 2 Combat Controller has Rubber Grips and a soft-touch finish for extended gaming sessions. Featuring two unique buttons located on the rear of the Controller, players can re-map Action Button or Thumbstick commands empowering players to shift melee or sprint to the rear buttons in order to maintain full motion control on the analog sticks. Immersive Analog ThumbStick Backlighting enhances the in-game atmosphere while Dual Vibration Feedback allows the user to experience every shot and explosion. Lastly, the fully braided connection cable provides a robust and latency free connection with the console.

MSRP: $49.99

Modern Warfare™ 2 Throat Communicator– Xbox 360

Based on authentic military design, the Modern Warfare 2 Throat Communicator allows gamers to comfortably communicate with teammates and other Xbox LIVE® players. Fashioned in authentic graphics, the unique microphone design reduces background noise and allows gamers to clearly communicate with each other, bringing them closer to the field ops experience. The Throat Communicator is fully compatible with the official Microsoft® controller as well as the Mad Catz Modern Warfare 2 Combat Controller.

MSRP: $29.99

Modern Warfare™ 2 Faceplate and Console Skinz– Xbox 360

Featuring custom Modern Warfare 2 artwork, both the highly collectible Controller Faceplate and Console Skinz allow gamers to customize their Xbox 360 and official controller. Depicting official in-game art, the Console Faceplate attaches simply and safely, transforming your console in seconds and the removable Console Skinz wrap around the sides of the Xbox 360, providing a fully immersive themed landscape.

MSRP: $29.99

Modern Warfare™ 2 Wireless Combat Controller– PS3™

Modern Warfare 2 Wireless Combat Controller for PLAYSTATION 3 utilizes a secure 2.4 GHz wireless link to connect with the console for accurate wire-free action. Featuring two unique buttons located on the rear of the Controller, players can re-map Action Button or Thumbstick commands empowering players to shift melee or sprint to the rear buttons in order to maintain full motion control on the analog sticks. The Controller features Immersive Analog ThumbStick Backlighting and an internal Rechargeable Battery that allows for charging directly from the console’s USB port and provides up to 60 hours of game play from a single charge.

MSRP: $49.99

Modern Warfare™ 2 Wireless Headset with Bluetooth® Technology– PS3

Sophisticated, discrete and fashioned with Modern Warfare 2 graphics, the Headset for PLAYSTATION 3 allows for wire-free communication with teammates and PlayStation Network™ (PSN™) users. Featuring a high-quality, noise-reducing microphone, ideal for frantic game play, the Headset utilizes Bluetooth 2.0 wireless technology, and operates at a range of up to 30 feet from the console.

MSRP: $39.99

Modern Warfare™ 2 Controller Faceplates– Xbox 360&PLAYSTATION 3

Depicting official artwork from Modern Warfare 2, the highly collectible Controller Faceplate allows gamers to customize their official Xbox 360 and PLAYSTATION 3 controllers in style. Highly durable and featuring a high-gloss finish, the safe and removable Controller Faceplate attaches in seconds to the official controller and features authentic artwork to support the game (Xbox 360 and PLAYSTATION 3 Controller Faceplate sold separately).

MSRP: $14.99

Modern Warfare™ 2 Combat GamePad– PC

For those who enjoy gaming on their PC but prefer the feel of a gamepad over a keyboard and mouse, the Modern Warfare 2 Combat GamePad provides a comfortable and highly ergonomic method of play. Featuring full analog control, the Combat GamePad is fashioned in authentic Modern Warfare 2 artwork and comes complete with a complement of four Action Buttons and four Trigger Buttons as well as a stable eight-way D-Pad delivering precision and accuracy where fast response is crucial to survival. Pre-programmed for Modern Warfare 2, the Combat GamePad ships with software that allows gamers to reprogram the four Action Buttons to suit their personal preferences or for use with other software titles. The Combat GamePad is compatible with Windows™ 7, Vista™ and XP™.

MSRP: $24.99

Modern Warfare™ 2 Sniper Mouse– PC

Fine-tuned for razor-sharp assault, the Modern Warfare 2 Sniper Mouse allows for precision in-game control. Instantly adjustable DPI (‘Dot Per Inch’) allows gamers to adjust the speed of the mouse cursor at any time, ideal for a multitude of missions and varying styles of play. A built-in weight cartridge allows gamers to add or subtract weights from the Mouse tailoring the feel for personal preference. Fashioned in fully authentic graphics, the Sniper Mouse is certain to be the weapon of choice for PC enthusiasts. Pre-programmed for Modern Warfare 2, the Mouse ships with software that allows gamers to reprogram the Mouse Buttons to suit their personal preference or for use with other software titles. The Sniper Mouse is compatible with Windows 7, Vista and XP.

MSRP: $49.99

Modern Warfare™ 2 Combat Keyboard– PC

The Modern Warfare 2 Combat Keyboard features‘Anti-Ghosting’ in key action areas and a Windows Key Lock to prevent accidental disruption to game play. Easily accessible Media Keys provide instant access to volume control, play/pause and other essential media-related functions and a weighted base with strategically placed large rubber feet that prevent the keyboard from slipping off the desk. Pre-programmed for Modern Warfare 2, the Combat Keyboard ships with software that allows gamers to reprogram Function Buttons to suit their personal preference or for use with other software titles. The Combat Keyboard is compatible with Windows 7, Vista and XP.

MSRP: $49.99

Modern Warfare™ 2 Elite Keyboard– PC

Built on the successful‘Cyborg™’ Keyboard platform, the Modern Warfare 2 Elite Keyboard is ideal for those who take their gaming seriously and will prove to be an essential ally in the field. Multi-Color backlighting, including adjustable brightness and‘Tru-Vu™’ illumination, provides gamers with the ability to set ambient lighting, ranging from red through to amber and green. Touch-Sensitive Back-Lit Dashboard controls provide access to keyboard lighting and media functions. Further aiding in the custom nature of the keyboard, the WASD, cursor,‘Cyborg™’ and NumPad keys can all be lit independently from the rest of the keyboard, allowing players to highlight keys commonly used in-game. One-touch‘Cyborg’ mode instantly disables the Windows™ keys and adjusts the keyboard illumination to desired settings for simple set-up and no fewer than twelve Cyborg keys can be programmed to replicate any sequence of keyboard presses in a single button. Durable Metal-Plated key caps provide reinforced strength on the most commonly used gaming keys and gold-plated connectors for USB and microphone inputs allow other accessories to be passed through the keyboard without accessing the PC. Pre-programmed for Modern Warfare 2, the Elite Keyboard ships with software that allows gamers to reprogram Keyboard Buttons to suit their personal preference or for use with other software titles. The Elite Keyboard is compatible with Windows 7, Vista and XP.

MSRP: $99.99

Darren Richardson, President and Chief Executive Officer of Mad Catz commented,“This new range marks our first full line of licensed PC products launching alongside the console accessories. The Saitek and Cyborg names are brands respected by PC gamers worldwide and we believe that consumers will respond enthusiastically to these high quality licensed products. Modern Warfare 2 is one of the most anticipated software titles this year and we are excited to support it with a comprehensive range which is certain to enhance the gaming experience.”

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

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 designs, 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 and has offices across Canada, Europe and Asia.  For additional information please go to www.madcatz.com, as well as www.gameshark.com, www.airdrives.com, www.saitek.com and www.joytech.net.

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 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.

© 2009 Activision Publishing, Inc. Activision, Call of Duty and Modern Warfare are registered trademarks of Activision Publishing, Inc. All rights reserved. All other trademarks and trade names are the properties of their respective owners.


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