PRESS RELEASE

Mad Catz Announces Shipping of The Detonator™ Xbox 360® Headset

New Stereo Headset Xbox 360 and TRITTON Co-Branded

San Diego – September 30, 2011 – Mad Catz Interactive, Inc. (“Mad Catz”) (AMEX/TSX: MCZ) announced today the shipping of the Detonator Stereo Headset, the world’s first official co-branded gaming headset designed for use with the Xbox 360 video game and entertainment system from Microsoft. In addition, the Detonator is compatible with a wide range of MP3 players, cell phones and audio devices.

“We are excited to be shipping the first product in our highly anticipated co-branded headset range.” said Darren Richardson, the President and Chief Executive Officer of Mad Catz Interactive, Inc. “Releasing a co-branded range of headsets has enabled us to offer an enticing feature set and quality audio which we are certain will appeal to the passionate gamer this holiday season.”

The Detonator Stereo Headset includes 50mm Neodymium Drivers, Detachable Boom Mic and Selectable Voice Monitoring and is expected to be joined by additional products in the range in time for the 2011 holiday season.

Additional information is available at: http://www.trittonusa.com/detonator

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 .