Mad Catz® Join Forces with Legendary Rock Band‘The Who’ to Support the Teenage Cancer Trust®

San Diego, March 28. 2011

Mad Catz Interactive, Inc. (“Mad Catz” or“the Company”) (AMEX/TSX: MCZ), today pledged continued support for Teenage Cancer Trust, a UK charity which helps young people fight cancer.  The company is auctioning two of its Rock Band Wireless Wooden Fender Stratocaster Guitar Controllers signed by the charity’s long standing patron and‘The Who’ front man, Roger Daltrey, and band mate, Pete Townshend, with all funds raised going to Teenage Cancer Trust.

Teenage Cancer Trust funds and develops specialist teenage cancer units in the UK within NHS hospitals which enable young people to be treated together, by an expert team, in the best possible environment for their age group. Teenage Cancer Trust focuses on quality of life and aims to improve the chances of survival for young people with cancer.

Each year Teenage Cancer Trust hosts a series of music and comedy gigs at London’s renowned Royal Albert Hall venue, an annual event which has so far raised over£10 million in 10 years.  On Thursday March 24 th, Patron of the Teenage Cancer Trust, Roger Daltrey CBE performed‘The Who's’ 1969 rock opera‘ Tommy’ as well as hits from Live at Leeds.  Following his recent performance, Mad Catz is auctioning two Rock Band Wireless Wooden Fender Stratocaster Guitar Controllers on eBay™.  Each Guitar Controller has been personally signed by‘The Who’ members, Roger Daltrey CBE and Pete Townshend, and will be shipped alongside a verified certificate of ownership with all proceeds of the auction going directly to Teenage Cancer Trust.

The two auctions, which began on Sunday 27 th March 2011, are expected to run for seven days, ending on the evening of Sunday 3 rd 2011 and present the ideal opportunity for gamers and rock fans alike to own a one-of-a-kind piece of‘The Who’ merchandise.  Those who wish to view or bid on the auction can do so by visiting the following links:

http://www.madcatz.com/media/stratauction/guitar1

http://www.madcatz.com/media/stratauction guitar2

Darren Richardson, President and Chief Executive Officer of Mad Catz commented,“Mad Catz recognizes the importance of the work that the Teenage Cancer Trust does and is gratified to be able to support them in their meaningful, life changing endeavors.  We are honored to be involved in these exciting auctions and encourage gaming and music fans alike to dig deep in support of the trust.”

Simon Davies, CEO of Teenage Cancer Trust said,“Music is a huge part of Teenage Cancer Trust. We’re honored that Roger Daltrey has been helping us stage our Concerts for Teenage Cancer Trust at the Royal Albert Hall for eleven years helping to raise over£10 million.  We hope these guitars help raise even more money for young people with cancer.”

For further information on the Mad Catz auctions in support of Teenage Cancer Trust, please visit http://www.madcatz.com/media/stratauction

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.

About Teenage Cancer Trust at the Royal Albert Hall

Roger Daltrey has worked tirelessly year on year to secure the best line-up for Teenage Cancer Trust at the Royal Albert Hall raising over£10million over ten years. Amongst those that have appeared are Jimmy page and Robert Plant, Noel Gallagher, Paul Weller, Oasis, Depeche Mode, Coldplay, Eric Clapton, The Cure, Muse, Arctic Monkeys, Stereophonics, Kasabian, Suede, The Specials, Madness, Keane, Kaiser Chefs, Franz Ferdinand, Goldfrapp, Tom Jones, Jools Holland, Them Crooked Vultures, Razorlight, Bloc party, Biffy Clyro, Duffy, Antony and the Johnsons and Florence and the Machine.  The shows have also played host to the cream of British comedy, including Ricky Gervais, Little Britain, Horne and Corden, Steve Coogan, Peter Kay, Jimmy Carr, Rhod Gilbert, Simon Pegg, Russell Brand and Noel Fielding.  2010 was the tenth anniversary of the annual fundraising concerts, raising over£1.7million for the charity.

About Teenage Cancer Trust

Every day in the UK, six young people are told they have cancer. This is a rising figure and there are already more young people than children with the disease. These young people often receive hospital treatment in inappropriate facilities catering for children or the elderly.

Teenage Cancer Trust focuses on the needs of teenagers and young adults with cancer by providing specialist teenage units in NHS hospitals designed to give teenagers and young people the very best chance of a positive outcome. As well as state-of-the-art facilities to keep patients occupied during long stays in hospital, the units provide an environment where teenagers can meet others in a similar situation.

There are 17 Teenage Cancer Trust units across the UK and the charity plans to build a further 16 so that all young people needing hospital treatment for cancer have access to the dedicated, specialist support they provide.

Teenage Cancer Trust is a registered charity: 1062559 (England&Wales); SC039757 (Scotland)

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

###

ALEX VERREY

Global PR&Communications Manager

MAD CATZ, INC.

1&2 Shenley Pavillions

Chalkdell Drive

Milton Keynes

Buckinghamshire

MK5 6LB

+44 (0) 1633 883 110    extension 2208 

+44 (0) 1633 883 133    direct line

+44 (0) 7957 204 660    cell / mobile

+44 (0) 1908 336 539    facsimile

averrey@madcatz.com

www.madcatz.com

 


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