Mad Catz Interactive, Inc. (AMEX/TSX: MCZ), a leading third-party interactive entertainment accessory provider, announced today that its Mad Catz Europe Limited subsidiary has entered into a license agreement with The Liverpool Football Club and Athletic Grounds Ltd to produce customized videogame controllers and other videogame accessories featuring the brand of the Liverpool Football Club of the English Premier League. The multi-year agreement provides Mad Catz with rights to distribute licensed accessory products throughout Europe.

Mad Catz plans to develop new, stylish Liverpool Football Club-branded videogame controllers, faceplates, Console Skinz™ and carrying cases for the PlayStation®2, PlayStation®3, Xbox 360™, PSP, Nintendo™ DS Lite, and Nintendo™ Wii gaming consoles.

“Liverpool Football Club has won more championships than any other English club and we look forward to providing retailers and customers across Europe with entertaining accessories to enhance the gaming experience of its fans,” said Darren Richardson, President and Chief Executive Officer of Mad Catz. “The addition of the Liverpool Football Club brand further strengthens and diversifies our growing portfolio of high-profile licenses and allows Mad Catz to continue building on its success and product penetration in key European markets.”

For more information or for high definition photos of the products, please visit www.madcatz.com.

About Mad Catz Interactive, Inc.

Mad Catz is a global leader in providing innovative peripherals for the interactive entertainment industry. Mad Catz designs and markets accessories for video game systems and publishes video game software, including the industry-leading GameShark video game enhancements, under its Mad Catz, GameShark and Joytech brands. Mad Catz also designs and markets mice, keyboards, headsets, PC gaming controllers and other PC peripherals through its Saitek brand, and recently began manufacturing and marketing proprietary portable earphones under its AirDrives brand. Mad Catz distributes its products through most of the leading retailers offering interactive entertainment products and has offices across Canada, Europe and Asia. For additional information please go to www.madcatz.com, as well as www.gameshark.com, www.airdrives.com, www.saitek.com and www.joytech.net.

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.

Contacts

Mad Catz Interactive, Inc.
Stewart Halpern, 800-831-1442
Chief Financial Officer
or
Jaffoni & Collins Incorporated
Joseph Jaffoni or David Jacoby, 212-835-8500
mcz@jcir.com

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