Mad Catz

March 16, 2005 11:01 ET

Mad Catz Signs License Deal With Major League Baseball; Mad Catz Plans to Produce Customized Video Game Controllers for all 30 MLB Teams


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: MAD CATZ

AMEX SYMBOL: MCZ
TSX VENTURE SYMBOL: MCZ.CX

MARCH 16, 2005 - 11:01 ET

Mad Catz Signs License Deal With Major League
Baseball; Mad Catz Plans to Produce Customized Video
Game Controllers for all 30 MLB Teams

SAN DIEGO, Calif.--(CCNMatthews - Mar 16, 2005) -

Mad Catz Interactive, Inc. (AMEX/TSX: MCZ), the world's leading third
party video game accessory provider, announced that it has signed a
license agreement with Major League Baseball® Properties to produce
customized MLB team controllers for the PlayStation®2 and the Xbox®
gaming systems. The Company recently announced similar licensing
agreements with the National Football League and the National Basketball
Association. Mad Catz' MLB controllers are expected to be available this
summer at a suggested retail price of $29.99.

"We are thrilled to be working with Major League Baseball® Properties
as our third major sports license," said Darren Richardson, President
and CEO of Mad Catz. "The MLB controller line presents us with a great
opportunity to offer another set of exciting products at strong price
points and to drive incremental sales outside of the traditional holiday
selling season."

"Mad Catz has a proven track record of providing gamers with quality
video game accessories," said Howard Smith, Senior Vice President,
Licensing, Major League Baseball Properties. "Now, with these
controllers designed for each and every MLB team, baseball fans
nationwide can bring their passion for the game to a new playing field
and play their favorite video games with their hometown teams."

Continuing its tradition of providing quality peripherals custom
designed for today's video gamer, Mad Catz plans to produce a unique and
durable video game controller for each of the 30 Major League Baseball
teams. Each controller is expected to include features such as:

-- Exacting replicas of each team's colors and logos

-- Rubber grips for superior handling

-- A durable and protective poly-carbonate finish

-- Analog joystick

For more information on the Mad Catz line of MLB licensed controllers,
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.

About Major League Baseball Properties

The Major League Baseball Clubs formed Major League Baseball Properties
(MLBP) in 1966 as the Club's agent for marketing and trademark licensing
and protection. Major League Baseball Properties is responsible for
managing consumer licensing activities, developing national advertising
campaigns, cultivating sponsorship opportunities with major consumer
brands and corporations, growing the game and the business of baseball
outside the United States and creating national marketing programs in
conjunction with Clubs, broadcast rightsholders and national sponsors.
MLBP also operates a full-service video and audio production unit (Major
League Baseball Productions), a publishing division and stock photo
licensing agency, and manages logistics for the All-Star Game and World
Series as well as all other special events. For more information about
Major League Baseball, log on to www.MLB.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; 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, Joseph Jaffoni
    212/835-8500
    mcz@jcir.com