MAD CATZ® UNLEASHES THE POWER OF ANDROID® GAMING ON YOUR HDTV WITH NEW LOWER PRICE FOR M.O.J.O. ™ MICRO-CONSOLE™ FOR ANDROID™

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San Diego – January 22, 2015 – Mad Catz Interactive, Inc. (“Mad Catz”) (NYSE MKT/TSX: MCZ) announced today a new lower price point for its M.O.J.O. Micro-Console for Android™.  Starting today, M.O.J.O. will retail across North America for an MSRP of just $149.99 with similar price adjustments taking place across all leading territories.

The most versatile micro-console for Android available, Mad Catz’ feature-rich M.O.J.O. is the ideal all-in-one gaming and media center for today’s mobile-connected lifestyle. Offering the deepest catalog of content available, the M.O.J.O. delivers high performance gaming, streaming, movies and more.  Built on the open standard Android operating system, gamers have instant access to content via Google Play and other digital store fronts of their choice, providing a nearly endless selection of gaming, movies and apps.  With full access to hundreds of OUYA® games, OnLive® cloud gaming service and the Limelight PC Streaming App, the M.O.J.O. also allows gamers to stream and play a broadening array of AAA quality titles. 

Representing remarkable value for money, the M.O.J.O. is powerful enough to handle with ease even the most demanding Android games and streaming content, enabling users to bring all of their favorite Android content into the living room in full HD quality, with the ability to output content in 4K native resolution to take advantage of the latest generation of UHD TV’s. 

Packaged complete with Mad Catz’ Bluetooth 4.0 enabled C.T.R.L.R Mobile Gamepad, HDMI cable, and Male-to-Male USB 2.0 cable for easy rooting – the M.O.J.O. delivers high definition Android gaming right out of the box.  Fully compatible with Mad Catz’ GameSmart suite of mobile accessories, the M.O.J.O. enables users to expand their experience with Bluetooth enabled keyboards, mice and headsets.   

“As a pioneer in mobile gaming, Mad Catz’ M.O.J.O. is leading the charge in the growing micro-console for Android market with the deepest catalog of content available today. CES 2015 saw the introduction of several new micro-consoles, a move which we believe validates our strategic focus in mobile gaming, while helping to grow the category as a whole,” said Darren Richardson, President and Chief Executive Officer of Mad Catz Interactive, Inc. “Benefiting from a full ecosystem of compatible GameSmart mobile products, the M.O.J.O. is adaptable to almost any task, and with a new high-value price-point and expansive suite of applications already available, we look forward to growing M.O.J.O.’s installed base in 2015.”

For additional information and to order your own M.O.J.O. please visit: www.madcatz.com/mojo/

Learn more facts about M.O.J.O. at http://madcatz.com/mobile-gaming-made-massively-affordable-mojo

To download press assets for M.O.J.O. please visit: www.madcatz.com/pressroom/

About Mad Catz

Mad Catz Interactive, Inc. (“Mad Catz”) (NYSE MKT/TSX: MCZ) is a global provider of innovative interactive entertainment products marketed under its Mad Catz® (gaming), Tritton® (audio), and Saitek® (simulation) brands.  Mad Catz products cater to passionate gamers across multiple platforms including in-home gaming consoles, handheld gaming consoles, Windows® PC and Mac® computers, smart phones, tablets and other mobile devices.  Mad Catz distributes its products through its online store as well as distribution via many leading retailers around the globe.   Headquartered in San Diego, California, Mad Catz maintains offices in Europe and Asia. For additional information about Mad Catz and its products, please visit the Company’s website at www.madcatz.com

Cautionary Note Regarding Forward-Looking Statements

Information in this press release that involves the Company's expectations business prospects, plans, intentions or strategies regarding its future are forward-looking statements that are not facts and that involve substantial risks and uncertainties. You can identify these statements by the use of 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 the Company’s actual future results to differ materially from those expressed in the forward-looking statements set forth in this release include  the following: the ability to maintain or renew the Company's licenses; competitive developments affecting the Company's current products; first-party price reductions; availability of capital under our credit facility; commercial acceptance of new in-home gaming consoles; the ability to successfully market both new and existing products domestically and internationally; difficulties or delays in manufacturing; unanticipated product delays; or a downturn in the market or industry. A further list and description of these and other factors, risks, uncertainties and other matters can be found in the Company's most recent annual report, and any subsequent quarterly reports, filed with the U.S. Securities and Exchange Commission and the Canadian Securities Administrators.  The forward-looking statements in this release are based upon information available to the Company as of the date of this release, and the Company assumes no obligation to update any such forward-looking statements as a result of new information or future events or developments. Forward-looking statements believed to be true when made may ultimately prove to be incorrect. These statements are not guarantees of the future performance of the Company and are subject to risks, uncertainties and other factors, some of which are beyond its control and may cause actual results to differ materially from current expectations.

Mad Catz, the Mad Catz logo, GameSmart, C.T.R.L.R and M.O.J.O. are trademarks or registered trademarks of Mad Catz Interactive, Inc., its affiliates and/or subsidiary companies.  All other company and product names may be trademarks of their respective owners.

Source

Mad Catz Interactive, Inc.

Mad Catz Communications:

Alex Verrey

Global PR and Communications Director

averrey@madcatz.com or +44 (0) 1633 883 133

Karen McGinnis

Chief Financial Officer

kmcginnis@madcatz.com or 858-790-5008

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