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Mad Catz® Selects STMicroelectronics and Soundchip to Provide HD-PA® Components for Upcoming GameSmart™ Headsets



  Mad Catz® Selects STMicroelectronics and Soundchip to Provide HD-PA®
  Components for Upcoming GameSmart™ Headsets

Advanced Audio Engine Combined with High-performance MEMS Microphones Enable a
Range of Feature-rich, Software-controlled Smart Headsets

Business Wire

SAN DIEGO -- February 27, 2013

Mad Catz Interactive, Inc. (“Mad Catz”) (NYSE MKT: MCZ) announced today that
its forthcoming range of GameSmart^™ headsets will utilize HD-PA components
from STMicroelectronics that incorporate exciting Soundcore R3^™ technology
from Soundchip.

STMicroelectronics (NYSE: STM) is a global semiconductor leader serving
customers across the spectrum of electronics applications and a leading
supplier of high-performance audio ICs. Soundchip is a Swiss-based innovator
in audio-systems technology and originator of the
High-Definition-Personal-Audio^™ (HD-PA^®) Reference.

The HD-PA components to be incorporated into GameSmart headsets provide an
authentic, High Definition sound experience as well as applying digitally
programmable, zero-latency techniques to cancel unwanted background noise,
which can often affect game play.

“We’re excited to be working with technology leaders and innovators to bring
truly unique products to market that are optimized for gaming,” said Darren
Richardson, President and Chief Executive Officer of Mad Catz Interactive,
Inc. “We believe these attributes will prove highly enticing to the passionate
gamer.”

Additional information available at: www.madcatz.com/gamesmart/

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.

About Soundchip SA

From its base in Switzerland Soundchip offers global customers access to a
broad range of solutions in audio systems technology for sound at the ear. The
company is the originator of the HD-PA Reference and is committed to providing
customers with solutions that demonstrate the superior qualities of high
definition sound in products designed for mobility and convenience. Soundchip
licenses its solutions to leading brands involved in the design and
manufacture of audio codecs, processors, sound transducers, multimedia systems
and consumer products. Soundchip and HD-PA are registered trademarks of
Soundchip SA. All rights reserved. Further information on Soundchip can be
found at www.soundchip.ch.

Social Media

Facebook: http://www.facebook.com/MadCatzInc
Twitter: http://twitter.com/MadCatzInc
YouTube: http://www.youtube.com/MadCatzCompany

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.

Contact:

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