Mad Catz® Announces New Range of Licensed Accessories for Nintendo 3DS™ Video Game System

San Diego, January 06. 2011

Mad Catz® Interactive, Inc. (“Mad Catz” or“the Company”) (AMEX/TSX: MCZ), a leading third-party interactive entertainment accessory provider, today announced a new range of Licensed accessories for use with the Nintendo 3DS™ video game system being released under the Company’s Mad Catz casual gaming brand.

Expected to arrive in time for the launch of the Nintendo 3DS, the range has been designed to offer gamers high quality, licensed products, ideal for purchase alongside their brand new Nintendo 3DS video game system.

Licensed accessories expected to ship as part of the new range are:

· Nintendo 3DS Traveller Bag

Fashionable yet durable, the Traveller Bag proves an ideal travel companion, providing storage for gamers’ Nintendo 3DS, up to 21 game cards and 2 styli, alongside spare storage compartments for accessories such as AC adapters and headphones.  Fashioned in a contemporary design with protective inner lining, the case offers safe and stylish transport for gamers’ console and accessories.

MSRP: $19.99

· Nintendo 3DS Microsuede SlipCase

Discrete and refined, the officially licensed Microsuede SlipCase offers a fashionable solution for transporting gamers’ Nintendo 3DS and up to three game cards.  Featuring a sleek design and protective inner lining, the plush, tactile Microsuede SlipCase ensures gamers’ console and games travel safely and in style.

MSRP: $12.99

· Nintendo 3DS Extendable Stylus 3-Pak

Mad Catz’ officially licensed Extendable Stylus 3-Pak for the Nintendo 3DS provides a trio of high-quality styli.  Designed for comfort and available in multiple colors, the Extendable Styli provide an ideal replacement for the standard stylus provided with the Nintendo 3DS.

MSRP: $5.99

· Nintendo 3DS Stylus&Screen Protector Pak

Mad Catz’ officially licensed Stylus&Screen Protector Pak for the Nintendo 3DS provides gamers’ with a trio of high-quality Extendable Styli, ideal for handheld gaming needs.  Designed for comfort and provided in colors which match the console, the Extendable Styli are complimented by two sets of Screen Protectors, designed to protect the Nintendo 3DS from dirt and scratches.

MSRP: $9.99

· Nintendo 3DS Screen Protector Pak

Mad Catz’ officially licensed Screen Protector Pak has been designed to help shield the screens of the Nintendo 3DS from dirt, scratches and accidental damage.  Consisting of 2 sets of high-quality Screen Protectors, each set is easy to apply and remove, leaving zero residue and no distortion of the 3D effect or screen quality.  Complete with bonus Microfiber Cleaning Cloth.

MSRP: $7.99

Darren Richardson, President and Chief Executive Officer of Mad Catz commented,“The Nintendo 3DS promises to introduce gamers to a new era of entertainment.  Mad Catz is delighted to be complimenting the launch of this exciting new handheld with a range of high quality, licensed accessories which we believe enhance the gaming experience and will prove invaluable to gamers everywhere.”

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

Allyson Vanderford : Interim Chief Financial Officer

t. +1-619-321 3545

e. avanderford@madcatz.com

Joseph Jaffoni, Norberto Aja and Jim Leahy

Jaffoni and Collins Incorporated

t. 212/835-8500 

e. mcz@jcir.com

Track Mad Catz via the following social media:

Facebook® Page:               http://www.facebook.com/MadCatzInc

Twitter® Page:                    http://twitter.com/MadCatzInc

YouTube® Channel:          http://www.youtube.com/MadCatzCompany

About Mad Catz Interactive, Inc.

Mad Catz is a leading global provider of innovative products for the interactive entertainment industry.  Mad Catz develops and markets accessories for videogame systems and  PCs under its Mad Catz (casual gaming), Saitek (simulation), Cyborg (pro gaming), Eclipse (home and office) and Tritton (gaming audio) brands.  Mad Catz also operates e-commerce and content websites for videogame and  PC products under its GameShark brand, develops, manufactures and markets proprietary earphones under its AirDrives brand, and publishes and distributes video/PC games.  Mad Catz distributes its products through most of the leading retailers offering interactive entertainment products and has offices in North America, Europe and Asia.  For additional information please go to www.madcatz.com, as well as www.store.gameshark.com, www.saitek.com, www.cyborggaming.com, www.eclipsetouch.com, www.trittontechnologies.com, www.gameshark.com  and www.airdrives.com.

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 


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