Mad Catz Unveils New Line of Wireless and Wired GamePads(TM) for Playstation(R) 3

    SAN DIEGO, March 6 /CNW/ - Mad Catz Interactive, Inc. (AMEX/TSE: MCZ), a
leading third-party video game accessory provider, announced today that it has
begun shipping new full-featured controllers for its Playstation(R) 3 product

    The Mad Catz GamePads for Playstation 3 are available in wired and
wireless versions and are offered in four stylish colors. The GamePads feature
innovative designs, SixSense(TM) motion-sensing technology, unique quick-fire
triggers, four controller port indicator LEDs, a home button that accesses the
PS3's main interface and fully analog joysticks.

    "The launch of this duo of feature-rich controllers marks a meaningful
step toward our goal of offering a full suite of quality accessories for each
of the new console platforms," said Darren Richardson, President and Chief
Executive Officer of Mad Catz. "These competitively-priced GamePads provide
gamers with an attractive alternative to first-party controllers and
demonstrate our continued dedication to harnessing the technology of the new
consoles to create innovative product designs and new sources of revenue."

    The wired GamePad carries an MSRP of $29.99 and the Wireless GamePad has
an MSRP of $39.99. Both controllers will be available at major video game
retailers worldwide and online. For more information visit

    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 has distribution through 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

    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

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