Mad Catz® Ships Tekken™ Tag Tournament 2 Arcade FightStick™ Tournament Edition on the Wii U™, Xbox 360® and

  Mad Catz® Ships Tekken™ Tag Tournament 2 Arcade FightStick™ Tournament
  Edition on the Wii U™, Xbox 360® and PlayStation®3 Platforms

Business Wire

SAN DIEGO -- December 20, 2012

Mad Catz Interactive, Inc. (“Mad Catz”) (NYSE MKT: MCZ) announced today the
Company has begun shipping the Tekken Tag Tournament 2 Arcade FightStick
Tournament Edition S, the first fighting game controller released by Mad Catz
for the new Wii U console from Nintendo^® and the similar Tournament Edition
S+ FightStick for the Xbox 360^® video game and entertainment system and
PlayStation^®3 computer entertainment system. Licensed by NAMCO BANDAI Games
Inc., the Tournament Edition fighting game controller has been designed for
competitive play featuring genuine arcade components.

“We’re pleased to extend our relationship with NAMCO BANDAI Games and
particularly excited to introduce a Tournament Edition fighting game
controller to the new Wii U console,” said Darren Richardson, President and
Chief Executive Officer of Mad Catz Interactive, Inc. “We believe that the new
FightStick will enable us to further grow our position as market leaders in
this category.”

Both fighting game controllers use genuine Sanwa Denshi^™ arcade components
and the new Tekken Tag Tournament 2 Arcade FightStick Tournament Edition S+
features underside foam padding for sustained comfort and interchangeable
graphic decals.

Additional information available at: http://www.madcatz.com/ttt2

About Mad Catz

Mad Catz Interactive, Inc. (“Mad Catz”) (NYSE MKT: MCZ) is a global provider
of innovative interactive entertainment products marketed under its Mad Catz^®
(gaming), Tritton^® (audio), and Saitek^® (simulation) brands. Mad Catz also
develops flight simulation software through its internal ThunderHawk Studios™;
operates flight simulation centers under its Saitek brand; publishes games
under its Mad Catz brand; and distributes games and videogame products for
third parties. Mad Catz distributes its products through most leading
retailers offering interactive entertainment products and has offices in North
America, Europe and Asia. For additional information please go to
www.madcatz.com.

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Safe Harbor

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.

TEKKEN™ TAG TOURNAMENT 2 & © 2012 NAMCO BANDAI Games Inc.

This product is manufactured under license from Microsoft Corporation.
Microsoft, Kinect, Xbox, Xbox LIVE, Xbox 360, and the Xbox logos are
trademarks of the Microsoft group of companies.

PlayStation is registered trademark of Sony Computer Entertainment Inc.

Wii U is a trademark of Nintendo.

Contact:

Mad Catz Communications:
Alex Verrey, +44 (0) 1908 336 538
Global PR and Communications Manager
averrey@madcatz.com
or
Investor Relations:
J C I R
Joseph Jaffoni, Norberto Aja, Jim Leahy
+1 212-835-8500
mcz@jcir.com
 
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