***Press Release***



San Diego – January 09, 2012 – Mad Catz Interactive, Inc. (“Mad Catz”) (AMEX/TSX: MCZ) announced today the shipping of the SOULCALIBUR™V Arcade FightStick Soul Edition, a Tournament Edition fighting game controller designed for use with the upcoming SOULCALIBUR V videogame from Namco Bandai Games Inc . The Soul Edition FightStick features the Namco Noir button and stick layout along with custom artwork and is expected to be released for the Xbox 360 video game and entertainment system from Microsoft and for the PlayStation 3 computer entertainment system from Sony.



“We are pleased to be working with Namco Bandai Games and supporting the launch of SOULCALIBUR V with our portfolio of fighting game controllers.” said Darren Richardson, the President and Chief Executive Officer of Mad Catz Interactive, Inc. “As market leader in the FightStick sector, it is important we partner with the leading fighting game franchises and continue our long-term strategy of supporting the product category and community by delivering specialty products for the passionate consumer.”



Additional information available at: www.madcatz.com/soulcalibur .



About Mad Catz

Mad Catz Interactive, Inc. (AMEX/TSX: MCZ) is a global provider of innovative interactive entertainment products marketed primarily under its Mad Catz® (casual gaming), Cyborg (pro gaming), Tritton (gaming audio), Saitek (simulation), and Eclipse™ (home and office) brands. Mad Catz also develops flight simulation software through its internal ThunderHawk Studios™; operates flight simulation centers under its Saitek brand; operates a videogame content website under its GameShark brand; publishes games under its Mad Catz brand; and distributes games and videogame products for third parties. Mad Catz distributes its products through most leading retailers offering interactive entertainment products and has offices in North America, Europe and Asia. For additional information please go to Madcatz.com .