Mad Catz(R) Announces The R.A.T.(TM)1 Gaming Mouse for PC

SAN DIEGO, Nov. 12, 2015 (GLOBE NEWSWIRE) -- Mad Catz Interactive, Inc. ("Mad Catz") (NYSE MKT:MCZ) (TSX:MCZ) announced today the R.A.T.1, a new concept in PC gaming mice – featuring an innovative modular design, 3D printing and personalization options that enables users to truly make it their own.

The Company also announced today that the R.A.T.1 received the distinguished CES 2016 Innovations Award Honoree for outstanding design and engineering in the Gaming and Virtual Reality Category, and will be featured during CES 2016 at Innovation Awards Showcase.

Plug-and-play compatible with Windows® PC and expected to ship in time for Holiday 2015, the R.A.T.1 innovative Module System features three core components – Tripod Chassis, Sensor Module and Adjustable Palm Rest that users can customize to match their personal style and usage requirements.

Ultra-lightweight and made from the same materials used in Mad Catz' tournament-grade gaming mice, the R.A.T.1 Tripod Chassis provides a high-strength frame for its module components. Seated inside the Tripod Chassis, an adjustable 3500DPI optical Pixart PMW3320 gaming-grade Sensor Module provides the brain of the R.A.T.1. Instantly detachable from the Tripod Chassis, the Sensor Module can be used by itself as a remarkably compact laptop mouse or re-joined to chassis to form a strikingly attractive desktop mouse. For those seeking even more personalization options, the R.A.T.1 is the world's first gaming mouse that empowers users to use a 3D Printer to create their own customized Palm Rest. Owners of the R.A.T.1, can download 3D CAD files of the Palm Rest, create, print and share their own unique designs right from their home 3D Printer!

"With a gaming DNA derived from the award-winning R.A.T. PRO Series, the R.A.T.1 re-envisions what a gaming mouse could be with its innovative modular design and unique customization options,"said Darren Richardson, President and Chief Executive Officer of Mad Catz. "The R.A.T.1 sets a new standard in design and personalization, appealing to both passionate gamers and casual users alike – allowing us to broaden the appeal of our R.A.T., range and drive our PC business into 2016 and beyond."

For additional information on the R.A.T.1, please visit: http://store.madcatz.com/Mad-Catz-RAT1-Mouse

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.

Social Media

Facebook, Twitter, YouTube

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, R.A.T., and R.A.T.™1, are trademarks or registered trademarks of Mad Catz Interactive, Inc., its affiliates and/or subsidiary companies. All other company and product names may be trademarks of their respective owners.

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