Mad Catz Interactive, Inc.
TSX : MCZ

Mad Catz Interactive, Inc.

May 20, 2005 10:30 ET

Mad Catz Signs European Distribution Agreement with In2Games for Revolutionary Gametrak Real World Golf for the PC and PlayStation 2

SAN DIEGO--(CCNMatthews - May 20, 2005) -

Mad Catz Interactive, Inc. (AMEX/TSX: MCZ), the world's leading third party video game accessory provider, today announced an exclusive international distribution agreement with In2Games, a software developer in the UK. Under the terms of the agreement, Mad Catz has been granted rights to distribute Gametrak™ Real World Golf to retailers in the UK, Ireland, France, Scandinavia, New Zealand, Australia and the PC market in Italy.

The patented Gametrak technology, first introduced in the UK last fall in the European fighting game, Dark Wind, was developed by In2Games. According to the makers of Gametrak, the Gametrakmotion tracking technology used in Real World Golf tracks the subtleties in players' movements as they swing the included golf club accessory, inserting the players' actual moves into the on-screen play in real-time, to within one millimeter of accuracy. Gametrak senses the height, speed and direction of a player's hands through form-fitting, fingerless gloves that attach to a Gametrak controller base via retractable tension cables. The game features six 18-hole courses and driving ranges that can be played in quick play, match play, championship and party game modes. Nine in-depth video tutorials help players improve their grip, swing and stance. Up to four players can play together in multiplayer mode.

"Real World Golf represents a revolution in game interactivity," said Darren Richardson President and CEO of Mad Catz. "This is another opportunity to leverage our access to the distribution channel and drive additional revenue streams."

"Without doubt Mad Catz is a leader in bringing mass-market, innovative products to market," commented In2Games MD Elliott Myers. "We are delighted to be working with them to make Gametrak a success."

Mad Catz plans to distribute the software and club accessory bundled with the Gametrak system. Real World Golf is expected to be available at leading retailers in August for a suggested retail price of GBP 24.99. The Gametrak hardware is also available for a suggested retail price of GBP 24.99. Real World Golf will be rated "E" for everyone by the ESRB, and is recommended for ages 8 and up.

About Mad Catz Interactive, Inc.

Mad Catz is a worldwide leader of innovative peripherals in the interactive entertainment industry. Mad Catz designs and markets a full range of accessories for video game systems and publishes video game software, including the industry leading GameShark brand of video game enhancements. Mad Catz has distribution through most leading retailers offering interactive entertainment products. Mad Catz has its operating headquarters in San Diego, California and offices in Canada, Europe and Asia. For additional information go to http://www.madcatz.com.

About In2Games

In2Games is dedicated to creating new and exciting gaming experiences through the creative combination of hardware and software. In2Games expertise in hardware design and manufacture with leading-edge software development, resulting in a new range of console and PC products offering gamers brand-new experiences. http://www.in2games.uk.com

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; or a downturn in the market or industry. 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.

Editor's Note:

At the Electronic Entertainment Expo (E3), Mad Catz is located in the West Hall, Room 513 of the Los Angeles Convention Center. If you don't already have an appointment to meet with Mad Catz, editors may stop by to view the Real World Golf software and club accessory in action.

Contact Information

  • Mad Catz Interactive, Inc.
    Melissa Tomlinson, 619-683-9830, ext. 360
    Mtomlinson@madcatz.com
    or
    Jaffoni & Collins Incorporated
    Purdy Tran, Joseph Jaffoni, 212-835-8500
    mcz@jcir.com