Mad Catz to Join the “Designed for Samsung” Program

SAN DIEGO, Jan. 04, 2016 (GLOBE NEWSWIRE) -- Mad Catz Interactive, Inc. (“Mad Catz”) (NYSE:MKT) (TSX:MCZ), a global provider of innovative interactive entertainment products, announced today that it has joined the Designed for Samsung (DFS) program. As the first company to offer traditional video game controller hardware for the Designed for Samsung program, Mad Catz will be introducing a range of mobile gaming products from its award-winning GameSmart™ portfolio, optimized for Samsung smartphones and tablets.

With a wide variety of innovative controllers and gamepads, Mad Catz will provide Samsung Mobile consumers the opportunity to enhance their gaming and multi-media experiences with features and functionality that take full advantage of their Samsung smartphone or tablet, as well as other Bluetooth® enabled connected devices and PCs. Each certified product will also feature the ‘Designed for Samsung Mobile’ logo on packaging, communicating seamless compatibility with Samsung smartphones and tablets.

“We’re excited to join the Designed for Samsung Program and provide Samsung Mobile customers with a range of high-quality mobile gaming products designed to enhance their mobile experience,” said Darren Richardson, President and Chief Executive Officer of Mad Catz. "Our GameSmart line of mobile gaming controllers and accessories continue to lead the industry in product innovation and through our participation in the DFS program, gamers can be assured of getting the ideal gaming product for their Samsung smartphone or tablet."

All participating Mad Catz DFS program products will be available to purchase through the Mad Catz Online Store (store.madcatz.com) as well as from other leading retailers. For more information, please visit: http://madcatz.com/

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

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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, and GameSmart 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.