Mad Catz(R) Brings HDMI to All Xbox 360(TM) Owners

    SAN DIEGO, Feb. 13 /PRNewswire-FirstCall/ -- Mad Catz Interactive, Inc.
 (Amex:   MCZ; TSX), a leading third-party interactive entertainment accessory
 provider announced today the release of the Xbox 360 HDMI Conversion Kit, a
 revolutionary new accessory designed to allow owners of the Xbox 360
 console to connect directly to any standard HDMI input on their TV's or
 displays and enjoy true High-Definition (HD) digital video and audio for
 gaming and movie playback.
 
     (Logo: http://www.newscom.com/cgi-bin/prnh/20030314/LAF049LOGO)
 
     The HDMI Conversion Kit connects easily and safely to the 'AV Output'
 located on the rear of the console and utilizing advanced microprocessor
 technology, converts the analogue signal to a digital HDMI stream,
 outputting all popular HD resolutions up to and including 1080p and
 compatible with the HDMI 1.3 standard.
 
     Furthermore, the HDMI Conversion Kit has been engineered to carry full
 multi-channel Digital Audio (Dolby(R) Digital, DTS(R)) through the HDMI
 cable directly to compatible TV's, eliminating the need for multiple video
 and audio connections. Should users wish to output digital audio to an
 alternative source, a separate Digital Audio Output has been built in to
 the device and using the Digital Optical Cable provided, offers users
 flexibility to connect however they choose. With all necessary cables
 needed supplied in the box, the HDMI Conversion Kit is a true 'one-stop
 solution' to an all digital experience.
 
     Darren Richardson, President and Chief Executive Officer of Mad Catz
 commented, "HDMI is widely recognized as the connection standard for the
 High-Definition age in which we live, delivering unsurpassed visual and
 audio quality. However, millions of Xbox 360 consoles are not equipped with
 an HDMI output and owners are unable to take advantage of the benefits an
 all digital connection provides. Mad Catz' Xbox 360 HDMI Conversion Kit
 provides gamers with a digital video and audio solution that we believe
 will be embraced by owners of HD-TV's and those who demand the best from
 their entertainment. With breakthrough, innovative products such as this,
 Mad Catz continues to demonstrate its commitment to enhancing all areas of
 gaming and we look forward to introducing Xbox 360 owners everywhere to the
 all digital revolution."
 
     Compatible with all Xbox 360 consoles not equipped with HDMI
 connectors; the HDMI Conversion Kit is expected to be available across
 United States in late January 2008 for an SRP of $89.99.
 
 
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 Joseph Jaffoni, David Jacoby -- Jaffoni & Collins Incorporated -- t. 212/835-8500 e. mcz@jcir.com 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 video game systems and publishes video game software, including the industry-leading GameShark video game 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 recently began manufacturing and marketing 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 http://www.madcatz.com, as well as http://www.gameshark.com, http://www.airdrives.com, http://www.saitek.com and http://www.joytech.net. 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. CONTACT: Mad Catz Interactive, Inc. Stewart Halpern, Chief Financial Officer, 800-831-1442 Or Jaffoni & Collins Incorporated Joseph Jaffoni/David Jacoby, 212-835-8500 mcz@jcir.com

SOURCE Mad Catz Interactive, Inc.

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