Mad Catz Interactive, Inc.

Mad Catz Interactive, Inc.

March 23, 2005 11:01 ET

Mad Catz Ships iKit Bundles for iPod and iPod Mini


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: MAD CATZ INTERACTIVE, INC.

AMEX, TSX SYMBOL: MCZ

MARCH 23, 2005 - 11:01 ET

Mad Catz Ships iKit Bundles for iPod and iPod Mini

SAN DIEGO--(CCNMatthews - Mar 23, 2005) -

Mad Catz Interactive, Inc. (AMEX/TSX: MCZ), announced today its iKit®
bundles for iPod® and iPod® Mini are now shipping. The iKit bundle
contains a high performance RCA cable to connect an iPod to a home
stereo, a car adapter with a 6-foot extension cord and an elegant
horizontal carry case. The iKit is available for $39.99 online and at
select retailers worldwide.

"With a rapidly growing user base already in the tens of millions, the
iPod is one of the hottest products launched in the history of consumer
electronics, and we are very excited about the market potential of our
new iPod product line," stated Darren Richardson, President and CEO of
Mad Catz. "We are leveraging our capabilities of design, manufacturing
and access to the distribution channel to expand our potential market
and add new revenue streams for Mad Catz."

For more information on the Mad Catz line of iPod accessories, or the
rest of the Mad Catz product lineup, please visit www.madcatz.com.

About Mad Catz

Mad Catz (www.madcatz.com), designs, develops, manufactures, and markets
a full range of accessories for video game systems and has published an
interactive entertainment game and software, including the industry
leading GameShark brand of video game enhancements. Mad Catz is a
worldwide leader of innovative peripherals in the interactive
entertainment industry, with distribution through most leading retailers
offering interactive entertainment products. With operating headquarters
in San Diego, California, Mad Catz has offices in Canada, the U.K. and
Asia, as well as distributors in Europe and Australia.

Safe Harbor for Forward Looking Statements:

This press release contains forward-looking statements about the
Company's business prospects that involve substantial risks and
uncertainties. The Company assumes no obligation to update the
forward-looking statements contained in this press release as a result
of new information or future events or developments. You can identify
these statements by the fact that they use 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 actual results to differ materially are the
following: the ability to maintain or renew the Company's licenses;
competitive developments affecting the Company's current products; first
party price reductions; the ability to successfully market both new and
existing products domestically and internationally; difficulties or
delays in manufacturing; delays in the Company's ability to obtain
products from its manufacturers in China as a result of the current
slow-down at the shipping ports in Southern California; market and
general economic conditions. A further list and description of these
risks, uncertainties and other matters can be found in the Company's
reports filed with the Securities and Exchange Commission and the
Canadian Securities Administrators.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Mad Catz Interactive, Inc.
    Sean Parry, 619-683-9830
    sparry@madcatz.com
    or
    Jaffoni & Collins Incorporated
    Purdy Tran or Joseph Jaffoni, 212-835-8500
    mcz@jcir.com