Mad Catz(R) Announces E.S. PRO1(TM) Gaming Earbuds

SAN DIEGO, Dec. 10, 2015 (GLOBE NEWSWIRE) -- Mad Catz Interactive, Inc. ("Mad Catz") (NYSE MKT:MCZ) (TSX:MCZ) announced today the E.S.PRO 1, a new and unique way to enjoy tournament-grade audio quality without the bulk and weight of traditional over-ear headphones.

Specially designed for eSports gamers, the E.S.PRO 1 differs from traditional earbuds, using enlarged 13.5mm speakers to deliver a powerful audio experience with increased bass response and crystal clear highs, revealing every detail of the gaming environment.

Fully equipped for competitive play, the E.S.PRO 1 features a removable, omni-directional boom microphone, ideal when chat is of primary importance. When not gaming, users can also access the E.S.PRO 1 in-line microphone, complete with automatic noise and echo suppression. To make every second count, the E.S.PRO 1 boasts easy to reach audio controls, allowing gamers to adjust the volume, mute chat, and control track selection.

Addressing a further issue common with regular earbuds, the E.S.PRO 1 features innovative soft-rubber support arms, designed to gently fit inside the ear and prevent the earbuds from falling out during heated gaming sessions. In addition, to aid with comfort and acoustic isolation, the E.S.PRO 1 comes complete with optional earbud attachments designed to fit virtually any size ear.

"Complementing our new R.A.T. PRO Series™ of gaming mice, the E.S.PRO 1 provide eSports enthusiasts with an innovative earbud option - combining tournament-grade gaming audio quality, with features and comfort that rival traditional over-the-ear headsets," said Darren Richardson, President and Chief Executive Officer of Mad Catz. "The E.S.PRO 1 further illustrates Mad Catz' commitment to designing high-performance products that enhance the experience of competitive gamers, enabling us to expand our audio business throughout 2016."

Expected to ship in January 2016, the E.S.PRO 1 comes complete with a standard 3.5mm cable and PC audio adapter, allowing connection with virtually any audio source including PC, Mobile and current generation consoles.

For more information, please visit: http://madcatz.com/e-s-pro-1-earbuds/

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

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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, R.A.T PRO Series and E.S.PRO 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 +1 (858) 790-5008
         
         Investor Relations:
         Joseph Jaffoni, Norberto Aja, Jim Leahy
         J C I R
         mcz@jcir.com or +1 (212) 835-8500