Mad Catz® Teams with Capcom to Create Licensed Street FighterV Fighting Game Controllers for the PlayStation®4 System

New Generation of FightSticks and FightPads Expected to Launch Alongside the Highly Anticipated Fighting Game

SAN DIEGO--()--Mad Catz Interactive, Inc. (“Mad Catz”) (NYSE MKT/TSX: MCZ) announced today that it has entered into an agreement with Capcom to create a range of next-generation Street Fighter™ V fighting game controllers for the PlayStation 4 computer entertainment system.

Expected to be available in time for the launch of the game, Mad Catz intends to launch an all new range of FightSticks, Tournament Edition FightSticks and FightPad controllers.

In addition to the new range of controllers, Mad Catz will feature as a ‘Premier Sponsor’ of the Capcom Pro Tour, a global series of competitive eSports gaming tournaments which will feature the latest flagship title of the legendary Street Fighter series. As part of a three year sponsorship agreement, Mad Catz will be the exclusive controller sponsor for the Capcom Pro Tour and will feature prominently at all Capcom Pro Tour events which will be available to view on Twitch, the world's leading social video platform and community for gamers.

Street Fighter is the most renowned fighting game franchise in gaming and we’re excited to be part of Street Fighter V, the first title in the series to launch on PlayStation 4,” said Darren Richardson, President and Chief Executive Officer of Mad Catz. “More passionate gamers choose our range of fighting game controllers over any other as they demand quality and precision to help provide a winning edge. We’re confident that our new range will continue to establish Mad Catz as category leaders and prove highly popular to established fighting game players and those new to the series.”

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

About Capcom

Capcom is a leading worldwide developer, publisher and distributor of interactive entertainment for game consoles, PCs, handheld and wireless devices. Founded in 1983, the company has created hundreds of games, including best-selling franchises Resident Evil®, Street Fighter®, Mega Man® and Devil May Cry®. Capcom maintains operations in the U.S., U.K., France, Germany, Tokyo, Hong Kong and Korea, with corporate headquarters located in Osaka, Japan. More information about Capcom can be found on the company web site, www.capcom.com or www.capcom-unity.com

Social Media

Facebook: https://www.facebook.com/MadCatz.Global
Twitter: http://twitter.com/MadCatz
YouTube: http://www.youtube.com/MadCatzCompany

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, ‘FightStick’ and FightPad’ are trademarks or registered trademarks of Mad Catz Interactive, Inc., its affiliates and/or subsidiary companies. All other marks are the property of their owners.

Street Fighter is a registered trademark of Capcom U.S.A., Inc. Capcom, Resident Evil, Mega Man and Devil May Cry are either registered trademarks or trademarks of Capcom Co., Ltd., in the U.S. or other countries. All other trademarks are owned by their respective owners. “PlayStation” is a registered trademark of Sony Computer Entertainment Inc.

Contacts

Mad Catz Communications:
Alex Verrey, +44 (0) 1633 883 133
Global PR and Communications Director
averrey@madcatz.com
or
Karen McGinnis, +1 (858) 790-5008
Chief Financial Officer
kmcginnis@madcatz.com
or
Investor Relations:
JCIR
Joseph Jaffoni, Norberto Aja, Jim Leahy
mcz@jcir.com or +1 (212) 835-8500

Contacts

Mad Catz Communications:
Alex Verrey, +44 (0) 1633 883 133
Global PR and Communications Director
averrey@madcatz.com
or
Karen McGinnis, +1 (858) 790-5008
Chief Financial Officer
kmcginnis@madcatz.com
or
Investor Relations:
JCIR
Joseph Jaffoni, Norberto Aja, Jim Leahy
mcz@jcir.com or +1 (212) 835-8500