Mad Catz® Announces Cyborg® F.L.Y. 9 Wireless Flight Stick for Xbox 360®

San Diego, March 31. 2010—Mad Catz™ Interactive, Inc. (“Mad Catz” or“the Company”) (AMEX/TSX: MCZ), a leading third-party interactive entertainment accessory provider today announced the launch of the Cyborg F.L.Y. 9 Wireless Flight Stick, the first licensed wireless flight stick for the Xbox 360 video game console. The F.L.Y. 9 will be released under the Mad Catz’ Cyborg premium gaming brand.

An evolution of the successful line of Cyborg flight sticks for PC, the Cyborg F.L.Y. 9is compatible with flight simulation and flight combat games. In addition to its cutting-edge design and several enhanced features, the Cyborg F.L.Y. 9 is designed to deliver a wide range of adjustability, comfort and air-combat accuracy to the Xbox 360 audience.

Stored and located in the base of the Stick, the integrated adjustment tool allows gamers to customize and tweak several aspects of the Flight Stick anatomy. Gamers can adjust the handle length, handle rake angle and head angle, resulting in a truly personalized gaming experience.

Ideal for flight combat games such as Tom Clancy®: H.A.W.X., or more realistic flight titles such as IL-2 Sturmovik™: Birds of Prey, the Cyborg F.L.Y. 9 features Throttle and Twist Rudder controls for complete maneuverability and a unique base design featuring an integrated lap mount and removable feet allowing gamers the flexibility of playing at a desk or in front of the TV.

Utilizing the same secure wireless technology featured in the official wireless Microsoft® Xbox 360 controller, the Cyborg F.L.Y. 9 connects directly to the Xbox 360 with no need for an external dongle or adaptor.

Darren Richardson, President and Chief Executive Officer of Mad Catz commented,“The Cyborg F.L.Y. 9 continues the expansion of our new premium gaming line of Cyborg-branded products which we recently re-launched with the Cyborg R.A.T. range of pro-gaming mice. Building on key features, design sensibilities and the ergonomic adjustability made so popular with our Saitek-branded flight simulation products, we are able to deliver a unique and highly-realistic flight stick for console owners. This is a continuation of our strategy of developing products that evoke a passionate consumer response and enhance the game-playing experience.””

The Mad Catz Cyborg F.L.Y. 9 Wireless Flight Stick for the Xbox 360 video game console is expected to be available worldwide in Spring 2010 for an expected MSRP of $99.99 /£79.99 /€89.99.

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 and Jim Leahy

Jaffoni and 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 and Cyborg brands, and 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 across North America and Europe, and is increasing its distribution reach in Asia. For additional information please go to www.madcatz.com, as well as www.gameshark.com, www.airdrives.com and www.saitek.com.


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