- Mad Catz to Produce Customized Video Game Products for all 30 MLB Teams
SAN DIEGO, June 6 /CNW/ - Mad Catz Interactive, Inc. (AMEX/TSE: MCZ), a
leading third-party video game accessory provider, announced today that it has
renewed its license agreement with Major League Baseball Properties ("MLB") to
produce a new line of customized MLB team controllers and other related
accessories. The new multi-year license extends the previous license agreement
between Mad Catz and MLB to allow Mad Catz to distribute licensed products.
"Professional sports licenses present Mad Catz with another opportunity
to expand our product offerings and diversify our revenues. With our renewed
Major League Baseball Properties license, we now have agreements in place to
produce branded controllers and accessories for MLB as well as the NBA and NFL
so that fans everywhere can show support for their favorite sports teams while
they enjoy another favorite pastime, gaming," said Darren Richardson,
President and Chief Executive Officer of Mad Catz.
Mad Catz will develop new stylish video game controllers, faceplates and
Console Skinz(TM) for all 30 MLB teams, each featuring the team's colors and
logos. The Mad Catz MLB products will be available for the PlayStation(R)2,
PlayStation(R)3, Xbox(R), Xbox 360(TM), PSP, Nintendo DS Lite, and
Nintendo(TM) Wii gaming consoles.
"Mad Catz has a strong track record for producing high-quality video game
accessories and based on the demonstrated success of their prior line of MLB
branded products we are proud to extend our license agreement," said Howard
Smith, Senior Vice President, Licensing, Major League Baseball Properties.
"With the 2007 season already underway, fans can rally behind their favorite
Major League team with stylish accessories that show their enthusiasm for the
For more information or for high definition photos of the products,
please visit www.madcatz.com.
About Mad Catz Interactive, Inc.
Mad Catz is a worldwide leader of innovative peripherals in the
interactive entertainment industry. Mad Catz designs and markets a full range
of accessories for video game systems and publishes video game software,
including the industry leading GameShark brand of video game enhancements. Mad
Catz sells its products to most leading retailers offering interactive
entertainment products. Mad Catz has its operating headquarters in San Diego,
California and offices in Canada, Europe and Asia. For additional information
go to www.madcatz.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
For further information:
For further information: Mad Catz Interactive, Inc. Stewart Halpern,
Chief Financial Officer, 800-831-1442 or Jaffoni & Collins Incorporated Joseph
Jaffoni/David Jacoby, 212-835-8500 firstname.lastname@example.org