Mad Catz Announces Pre-Order Details for First Street Fighter V Licensed Tournament Edition FightStick

SAN DIEGO, Oct. 26, 2015 (GLOBE NEWSWIRE) -- Mad Catz Interactive, Inc. ("Mad Catz") (NYSE MKT:MCZ) (TSX:MCZ) announced today the start of pre-orders for a limited edition Tournament Edition 2 FightStick, the first product in the company's Street Fighter® V branded fighting game controller range, through its licensing agreement with Capcom.

Compatible with PlayStation®3 and the PlayStation®4 computer entertainment systems, the Chun-Li themed stick has been designed as a precursor to the upcoming, all-new Street Fighter V themed range, expected to arrive in 2016.

A homage to the company's much loved Street Fighter® IV Chun Li FightStick, the new limited edition controller features premium components supplied by legendary Japanese arcade experts Sanwa Denshi™. A solid metal base coated with durable foam padding provides weight and stability during tournament play, and easy hinged access to the FightStick's internal components, allows for hassle free modification.

The Mad Catz FightStick range, including the new Chun-Li TE2 FightStick, is the official FightStick range of the Capcom® Pro Tour, the premier global series of competitive eSports fighting gaming tournaments held to sold-out crowds around the world and streamed live on Twitch.tv, the world's leading social video platform and community for gamers.

"Since announcing the new Street Fighter V range in March of this year, we have experienced an increasing groundswell of anticipation amongst the passionate gamers in the fighting game community. We're excited to offer this limited edition controller as a taste of what's to follow next year," said Darren Richardson, President and Chief Executive Officer of Mad Catz. "The Mad Catz FightStick range is synonymous with quality and reliability, proven to give tournament gamers the edge they need for precision play. We expect the new FightStick range to offer a positive contribution to our growth throughout 2016 and beyond."

For more information or to pre-order, please visit: http://store.madcatz.com/fightsticks/

About Mad Catz

Mad Catz Interactive, Inc. ("Mad Catz") (NYSE MKT:MCZ) (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 www.capcom.com or www.capcom-unity.com.

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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.

CONTACT: 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 +1 (858) 790-5008
         
         Investor Relations:
         Joseph Jaffoni, Norberto Aja, Jim Leahy
         JCIR
         mcz@jcir.com or +1 (212) 835-8500