Mad Catz Secures Exclusive North American License for Use of Kukuxumusu Designs and Trademarks in PC and Videogame Accessories

Mad Catz Interactive, Inc. (NYSEAmex/TSX: MCZ), a leading third-party interactive entertainment accessory provider, announced today that it has secured a multi-year license from the owners of the Kukuxumusu intellectual property (“Kukuxumusu”) for the exclusive, North American use of selected Kukuxumusu designs and trademarks in a range of PC and videogame accessories.

“From their origins designing humorous graphics celebrating Sanfermin in Pamplona, Kukuxumusu has become one of Europe’s most exciting emerging lifestyle brands,” said Darren Richardson, President and Chief Executive Officer of Mad Catz. “We are excited to have the opportunity to bring these distinctive and fun images to the North American gaming audience as we seek to continue broadening our ‘lifestyle’-oriented PC and videogame accessories offerings.”

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 develops, 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.

About Kukuxumusu

Founded in 1989 in Pamplona, Spain, Kukuxumusu (“kiss of the flea” in Basque language) specializes in clothing and product design. From the opening of its first exclusive shop in 1996, there are now 20 Kukuxumusu official shops throughout Spain and France, and Kukuxumusu products are sold in over 90 countries all around the world. For additional information please go to www.kukuxumusu.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.