***PRESS RELEASE***



San Diego – January 10, 2012 – Mad Catz Interactive, Inc. (“Mad Catz”) (AMEX/TSX: MCZ) announced today a new range of Street Fighter X Tekken fighting game controllers, due for release to coincide with the upcoming Street Fighter X Tekken videogame from Capcom expected to launch on March 6, 2012 on consoles.



Due for release on the Xbox 360 video game and entertainment system from Microsoft and the PlayStation3 computer entertainment system, the new range of fighting game controllers includes the Street Fighter X Tekken FightPad SD, the Street Fighter X Tekken Arcade FightStick PRO and the flagship Street Fighter X Tekken Arcade FightStick V.S.



“We are excited to support the Street Fighter and Tekken franchises with our new range of fighting game controllers.” said Darren Richardson, the President and Chief Executive Officer of Mad Catz Interactive, Inc. “Our new V.S. FightStick and FightPad demonstrate our ability to continue innovating in this category and we believe that the fighting game community will react enthusiastically to our new product designs.”



The Street Fighter X Tekken Arcade FightStick V.S. features genuine Sanwa Denshi arcade components. The unique chassis allows gamers to join two sticks together via the Arcade FightStick V.S. Connector Kit (sold separately) for a highly realistic arcade presentation.



The Street Fighter X Tekken FightPad SD features a 15% smaller chassis than previous FightPad designs, inspired by the gaming preferences of legendary Street Fighter producer Yoshinori Ono.



Additional information is available at www.madcatz.com/SFXTekken .



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 www.madcatz.com .



About CAPCOM

Capcom is a leading worldwide developer, publisher and distributor of interactive entertainment for game consoles, PCs, handheld and wireless devices. Founded in 1983, the company has created hundreds of games, including best-selling franchises Resident Evil, Street Fighter, Mega Man and Devil May Cry. Capcom maintains operations in the U.S., U.K., France, Germany, Tokyo, Hong Kong and Korea, with corporate headquarters located in Osaka, Japan. More information about Capcom and its products can be found at www.capcom.com or www.capcom-unity.com .